Triple bottom line accounting- need of the hour for sustainability goal

By:

CHOPRA, MANJU PUNIA

Material type:

Mixed materialsPublication details: 2012Description: 60-64Subject(s):

ACCOUNTING

NLM classification:

In: CHARTERED ACCOUNTANTMSummary: Being sustanable has been the talk of the business town in the past decade. But the big question still remains- How to measure the degree to whic an organisation is being sustainable? John Elkington- the man behind the concept of measuring sustainability strove during mid 1990's to encompass a new framework for measuring performance in corporate America. This new accounting framework was called Triple Bottom Line accounting (TBL), #BL, and 3P's. It went much beyond the traditional boundries of measuring profit, return on investments, shareholder's value etc. TBL accounting focuses on comprehensive investment results i.e. in line with performance along the interrelated dimensions of profit, planet and people.

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Holdings
Item type	Current library	Call number	Vol info	Status	Date due	Barcode
Periodicals/Magazines	SSCBS Library		61/4	Available		P14569

Being sustanable has been the talk of the business town in the past decade. But the big question still remains- How to measure the degree to whic an organisation is being sustainable? John Elkington- the man behind the concept of measuring sustainability strove during mid 1990's to encompass a new framework for measuring performance in corporate America. This new accounting framework was called Triple Bottom Line accounting (TBL), #BL, and 3P's. It went much beyond the traditional boundries of measuring profit, return on investments, shareholder's value etc. TBL accounting focuses on comprehensive investment results i.e. in line with performance along the interrelated dimensions of profit, planet and people.

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