Triple bottom line

This page describes a concept which is part of our glossary

The triple bottom line is also known as "people, planet, profit" or "the three pillars" captures an expanded spectrum of values and criteria for measuring organisational (and societal) success: economic, ecological and social. With the ratification of the United Nations and ICLEI triple bottom line standard for urban and community accounting in early 2007, this became the dominant approach to full cost accounting in public sector. Similar UN standards apply to natural capital and human capital measurement to assist in measurements required by the triple bottom line, for example the ecoBudget standard for reporting ecological footprint.

See also

• Bottom line
• Economic bottom line
• Wikipedia:Triple bottom line