Ever since the late 1980s and 90s with the growing awareness from the public of the immense negative impact that companies could have on the environment, discourse has shifted from focusing solely on the financial performance and profitability of the business to a new accounting approach dubbed the ‘triple bottom line’. This business concept espouses […]
Category Archives: Social Sustainability
Nowadays, we hear the word “sustainability” everywhere. In most cases, we talk of environmental efforts, but what of social sustainability? The concept relates to how businesses manage themselves and is defined by the UN as “identifying and managing business impacts, both positive and negative, on people.” Ultimately, it’s about going beyond the usual environmental impacts […]