Sustainability and the Triple Bottom Line Introduction Southwest Airlines is the largest successful low-fare airline carrier in the United States. “The mission of Southwest Airlines is dedication to the highest quality of Customer Service delivered with a sense of warmth‚ friendliness‚ individual pride‚ and Company Spirit.” (Southwest Airlines‚ 2012) Southwest operates the business based on its core values: culture‚ philosophy‚ and spirit. “People are important…each one makes a difference.”
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weaknesses and create a way of solving both. The social problem Envirofit is attempting to solve is air pollution while increasing the income of the drivers through increased fuel mileage. Envirofit offer it’s investors a good reputation and a triple bottom line by giving them the chance to go beyond the traditional measures of profit but also include environmental and social dimensions. They would be more focused on profits‚ people‚ and the planet instead of just profits. 2. The Envirofit’s two stroke
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Triple Bottom Line Theory & Organization Profits Theory All corporations are concerned with how much revenues and expenses they are generating‚ which in turn determines their overall profits‚ also known as their bottom line. The bottom line is what is used to measure the profitability of a company. The Triple Bottom Line Theory not only measures a company ’s bottom line‚ but it also measures the company ’s overall impact on the surrounding environment. In fact‚ according to the article‚ Leading
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1. Introduction The notion of the triple bottom line has become fashionable to be applied to management‚ consultation and investment over the last few years. The trend towards greater transparency and accountability in public reporting is reflected in revealing a more comprehensive performance which includes not only financial factor but also social and environmental ones. Despite the trend‚ there are still some people in mainstream sectors are to make profit regardless of environmental and social
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ANALYSIS OF TRIPLE LINE BOTTOM: METHOD OF MANAGEMENT By To University Date Introduction The concept of triple bottom line was first explained by John Ellington in his book the “cannibals with forks” (Kaplan‚ 2004). This bottom line continues to measure profits‚ it also measure the organisations impact on the people and also on the planet. It can be referred as a way of expressing a company impact and sustainability on a local and a global scale. Major concept behind triple bottom
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This article aims to introduce the concept and significance of Triple Bottom Line (TBL) with relationship to Sustainable Development Principle (SD) and Sustainable Construction (SC). Construction industry is one of the biggest industries in the world which needs a lot of attention to monitor and achieve the goals for a sustainable environment. In this report a case study has also been included which will be examined based on Global Report Initiatives (GRI). Introduction Sustainability
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the neglect of historical cultural and environmental impacts. (Dodds‚ 2007) The rapid development of tourism in Malta combined with the high number of seasonal visitors has lead to number of impacts. These impacts can be accessed using the triple bottom line approach developed by John Elkington in reference to the economic‚ social and environmental impacts. (Elkington‚ 1997) 2. Issues When identifying the issues that Malta is facing‚ the principles of the Cape Town Declaration‚ Agenda 21 and
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The Triple Bottom Line Analysis/Evaluation of Fiji Water: Fiji Water and Economical Sustainability Market Trends: The bottled waters market has observed a major growth in the last decades thanks to changes in consumers’ minds. The water products are now preferred to the Sparkling (Sodas) substitutes because customers are being more health-conscious and socially aware. The major threat for Fiji Water came after their attempt to enter the UK’s market‚ when the Tap Water vs. Bottled Water emerged
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Australian beef a triple bottom line analysis on the beef industry of Australia economic- In 2012-13 Australia exported 67% of its total beef and veal production more than 100 countries. The value of total beef and veal exports in 2012-13 was $5.06 billion. The value of Australia’s live cattle exports in 2012-13 was $590 million. The beef industry contributes 13% to total Australian farm exports. Australia’s largest export market is Japan‚ followed by the US and South Korea Australia is
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Evaluation Evaluation Experiment one: This experiment was quite accurate‚ as when it is compared to the manufactures line which is on the same graph‚ we can see that this line is at most only 0.4? different form the manufactures line. This is a percentage difference of approximately 8%‚ using the formula: Difference ? original X 100 This shows that the results were good‚ as 8% is a very small margin of error. The error bars on the graph show that the most inaccurate result was the 60cm result
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