Triple Bottom Line Template

Triple Bottom Line Template - PowerPoint PPT Template

Triple Bottom Line Interactive App

Triple Bottom Line Best Practices

The Triple Bottom Line is a framework for measuring an organization’s performance along three dimensions: people, planet, and profit, or the “3 Ps.” A theory of corporate social responsibility, businesses that employ the Triple Bottom Line take responsibility for the impact they have on people and the planet, not solely focus on profits, by making the well-being of their employees, communities, and the environment a core component of its strategy and vision for long-term sustainability.

More about Triple Bottom Line

Description of Triple Bottom Line

The Triple Bottom Line is embedded in the concept of “shared value,” in which companies view social problems as opportunities and enact policies and practices that build competitive advantage while also improving the economic and social prospects for employees and communities affected by their operations. Value creation is generated jointly by the company and the communities in which it operates and is integral to, not separate from, driving profits and growth. Companies can create competitive advantage through shared value by developing products, services, and markets that meet social and environmental needs and serve new populations. In addition, they can increase productivity in the value chain by conserving energy and natural resources, operating in locations that would benefit local communities while causing minimal environmental disruption, as well as ensuring employee well-being and productivity. One of the key challenges facing companies hoping to employ the Triple Bottom Line is determining what metrics to use for the people and planet dimensions, as there is no single measure of success in those domains.

Praxie's Online Triple Bottom Line Tools & Templates

We all know that environmentalism and sustainability are huge topics of conversation in the business world these days. Strategy teams which are looking to implement the Triple Bottom Line thinking into their business look to develop strategies which enable them to commit to measuring their social and environmental impact (in addition to their financial performance). The new online Triple Bottom Line template from Praxie can help a team report on cultural norms and current environmental and social conditions.  

The Triple Bottom Line is a framework for measuring an organization’s performance along three dimensions: people, planet, and profit, or the “3 Ps.” Praxie’s online Triple Bottom Line collaboration tools allow any team or organization to instantly begin working with our web templates and input forms. Get started with our Triple Bottom Line template. 

How to use it: 

  1. Review the definitions and questions for People, Planet, and Profit.  
  2. Based on your business vision and mission, outline how your organization will impact each of these elements as it delivers its products and services in the market. 
  3. Based on your Triple Bottom Line analysis, create an action plan to address your top opportunities, leverage your strengths and address any weaknesses. 

Unlike most traditional Triple Bottom Line techniques, Praxie’s online Triple Bottom Line collaboration tools allow any team or organization to instantly begin working with our web templates and input forms. Our digital platform goes far beyond other software tools by including progress dashboards, data integration from existing documents or other SaaS software, elegant intuitive designs, and full access on any desktop or mobile device.