The Conscious Company Glossary
Triple Bottom Line
Abbreviated as 3BL, this is a business approach in which companies track, report, and value not just the traditional financial “bottom line,” but social and environmental impact as well. This point of view acknowledges that a company’s long-term success depends not merely on its profit, but also on its interaction with employees and surrounding communities and the natural world. The concept is also sometimes called “3P”: people, planet, and profit.