By Lise Kingo There are few domains where the risks of failure and rewards of success are more pronounced than the ocean. Covering nearly three-quarters of...
Archive for category: sustainability
Human rights, access to remedy and stakeholder engagement
By Rosa Kusbiantoro The United Nations Guiding Principles on Business and Human Rights (UNGPs), released in 2011, provide the first coherent framework for how business...
The Stories We Tell When We Talk About Carbon and Climate Change
ByShana Rappaport There’s nothing quite like a pre-caffeinated carpool with strangers to inspire a stroke of insight. For those less familiar with the “shared” route...
Dynamic Sustainability Teams Do These Three Things
Lately, I have been reflecting on the summer of 2015, the season in which I embarked on a purposeful career in corporate sustainability, fresh after...
Why diversity is the key to unlocking sustainability
Let’s face it. We live in an incredibly divided world. As corporate sustainability professionals, we must lead the cultivation of a more inclusive, equitable world...
Passive Housing: A Smarter Way of Living
My name is Helen O’Keeffe and I work for EZ Living Interiors – a home furnishings retailer based in Ireland and the UK. I enjoy...
Green Living: Creating A Cozy, Eco-Friendly Home
By Tony Mers With sustainability being at the forefront of everyone’s minds in recent years, doing your part to contribute to a healthy environment is more...
Check Yourself: An Plastic-Free Checklist
By ELIZABETH SHEARER At Green Action Centre, we know being green isn’t always easy. That’s why we wanted to give you a simple 5-point checklist to...
Rethink, Reduce, and Reuse: Textile Edition!
Did you know? If you’re an average North American, you’ll throw out 81lbs of textile waste (shoes, sheets, blankets, coats, underwear, clothing, etc) every single year! Our landfills are filling up faster than ever, and consumption is a national pastime, yet fashion is one of the single most polluting industries on Earth. The good news is, there’s lots YOU can do about it! As always, we’re talking Rethink, Reduce, Reuse, and Recycle.
What is the Triple Bottom Line and Why is it Crucial for Business Success?
The ‘triple bottom line,’ a phrase first coined by John Elkington in 1994, is a concept that expands how a business’s performance is measured to include social and environmental goals to its financial bottom line.
The triple bottom line is therefore used as a measure of a company’s economic performance and valuation, its level of corporate social responsibility (CSR), as well as its environmental sustainability standards and impacts. And it matters: for example, a 2013 study by Cone Communications and Echo Research showed that 82 percent of consumers in the United States considered the company’s CSR when deciding where to purchase goods and services.