The Triple Bottom Line and Sustainable Organizations
In my next few posts I am going to explore the question of sustainability – of our organizations and the larger world in which those organizations exist. The topic is big – and this will only be a brush. But I hope that these posts might give you pause to ponder – what should we be doing to create vibrant organizations that are sustainable over time – not via brute force or domination but through the synergy of being in tune with their external environment, honoring that environment (both social and environmental) and existing in a harmonious ecosystem of give and take, change and adaptation, growth, decline, and rebirth.
Today’s post is about a way to measure sustainability using a framework called the Triple Bottom Line. Subsequent posts will examine the internal factors that enable an organization to be sustainable over time, and then the notion of “constructive capitalism”, a way in which companies can create enduring, meaningful and sustainable advantage that also benefits society.
So… about that Triple Bottom Line…