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To unlock the full potential of the circular economy, it is necessary to move beyond solely focusing on profits for business and fundamentally rethink how to deliver the best products and services that cater to people, profit, and planetary needs (aka TripleBottomLine, TBL).
Download the document. Society increasingly expects businesses to help solve problems of environmental degradation, inequality, and poverty. This paper explains how the Balanced Scorecard and Strategy Map should be modified to reflect businesses’ expanded role for society.
The social purpose business model is widely misunderstood by business schools and is often conflated with an emphasis on sustainability performance, triple-bottom-line accounting, adherence to ethical standards and other non-financial metrics of company performance that do not by themselves make a purpose-driven company.
You can download the Insights Pack from: [link]. As a news and information distribution platform, 3BL Media, a triplebottomline company, features the purpose-driven content of leading companies and organizations. We are honored to receive the support of our partners in 3BL Media and AmpSlide.
Embracing the “triplebottomline” is hard to do in practice and Certified B Corporations signal to consumers that we’re putting this philosophy to action everyday. Download this free report to learn how the stakeholder model as practiced by B Corps is gaining global traction and validation.
That said, for large food companies, it’s unrealistic to think or plan to “go organic” and not expect to have a big hit to your bottomline. As B Corps like Barnana mature and scale, they inspire future entrepreneurs to start businesses where the triplebottomline is built into the business model.
It’s evidence that the “triplebottomline” (profit, people and planet) doesn’t compromise the single bottomline – but expands it. Since 2002 (the year we published our first Best 50 list), Best 50 companies have rewarded their shareholders with 128% higher returns than the overall composite index.
“Hugues, Kylie, and I connected to find ways to bring our network up to speed on the essentials of DEIB, breaking bias, racial equity, and wellness, so we can truly move forward on the people part of the triplebottomline. The beautiful thing is that doing this is not complicated at all. It’s quite simple, actually.
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