Until fairly recently the main measure of a company’s success was determined by its financial bottom line. Was it making a profit or was it sustaining losses? Although companies have been managing their activities by using their financial profits as their guiding light for a very long time, many stakeholders have sustained losses while the company’s shareholders have celebrated their wins.
Times are changing, and the way companies measure their success is too. Now in addition to watching financial outcomes, companies are assessing their impact on their physical surroundings and their community as well. When companies pay attention to the people they touch, the environment they impact, and the profits they make, leaders make more sustainable decisions overall. In fact, this way of doing business is causing companies to rethink how they produce their products and provide their services. In the process, the entire company system is becoming stronger.
Although the term triple bottom line may refer to specific reporting requirements, often it is used as shorthand for ventures that are socially responsible, green, and profitable.

