Triple bottom line (TBL) reporting has become a way of life in terms of non-financial reporting at major corporations. However, its utility in terms of value-add for these corporations seems to be a mystery at present. This paper aims to look at how corporations use the TBL as a framework for reporting and what limitations key members of these corporations see with the TBL approach. In particular, the motivation behind the employee in charge of conducting non-financial reporting and providing sustainability information has been identified. The paper analyses the results of an empirical investigation into the constructions people put on the triple bottom line framework, and its utility in making sustainability information public, either through standalone reports, annual reports, or online reporting. The main purpose of the analysis was to focus upon issues and factors that drove TBL practices and reporting within a sample size of 40 corporations around the world, considered to be best practices adopters in non-financial reporting.
- Inderscience Publishers
- Critical reflections of the triple bottom line as a schema for ...
The Climate Change threat: How businesses can help curb global warming
The world must take 'unprecedented' action to limit the devastating impact of global warming. That's the urgent warning from the Intergovernmental Panel on Climate Change (IPCC) in its UN-backed report (released on 8 October 2018). The report, which draws on more than 6,000 research papers, explains the calamitous consequences of failing to cap global warming temperature rises at 1.5 deg C above pre-industrial levels. According to the IPPC, this will require a major transition to renewable power generation,...
FirstEnergy Corp achieves 100% of environmental reporting deadlines using Enviance - Case Study
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Union Investment - Case Study
Improving Sustainability Performance and Reporting of Real Estate Portfolios.Union Investment, one of Europe’s leading asset managers, strives for continuous enhancement of the environmental impact of its highly diversified Real Estate Portfolio (including offices, hotels, shopping centres, and logistics buildings) spread over 24 countries.Their property divisions alone manage a portfolio of 360 commercial properties in Europe, America, Australia and Asia. For such a large company, sustainability performance...
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Island Water Technologies Inc. (IWT) was contracted by the Canaries Community Improvement Foundation (Canaries, St. Lucia) to undertake a wastewater feasibility report which was financed through the Global Environment Facility (GEF) Small Grants Program (SGP) under the United Nations Development Program (UNDP). The scope of the project involved working with community representatives, to determine the feasibility of developing sustainable Caribbean wastewater treatment solutions for the town of Canaries, St. Lucia.
Mobilising the Co-Benefits of climate change mitigation through capacity building among public ...
Co-Benefits 2017 - 2020India, South Africa, Vietnam, TurkeyWhat is Co-Benefits About? Co-Benefits is a capacity-building programme targeting policy makers and other relevant actors in energy, climate and environmental policy in four countries: India, South Africa, Vietnam and Turkey. The project strengthens governmental departments and agencies in charge of climate and energy issues in the target countries in their ability to advice their ministerial clients on the co-benefits of renewable power generation,...