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It is all about accountability for the overall effect of the company’s business practices and contribution towards non-profitable aspects. The triple bottom line (TBL) framework makes an organization realize its responsibilities towards society and ecology. Source: Triple Bottom Line () Triple Bottom Line Explained You are free to use this image on your website, templates, etc., Please provide us with an attribution link How to Provide Attribution? Article Link to be Hyperlinked Sustainable disposal of waste costs much higher. The dumping of toxic waste is a controversial issue highlighted by TBL.

Companies have to make sure that the vicinity is clean and that their operations don’t affect the environment adversely.

TBL also emphasizes profits businesses have a responsibility to pay for their lenders, operational creditors, and employees.

The triple bottom line (TBL) method postulates the adoption of social, environmental, and economic elements into financial objectives.