sustainability 3P

What is the triple bottom line? It is an expanded version of the business concept of the bottom line that includes social and environmental results, in addition to financial results. It is oftentimes simply referred to as the 3P’s, and includes the following:

Planet
The use of sustainable environmental practices and the reduction of environment impact.

People
The fair and favorable business practices regarding labor and the community in which the company conducts its business

Profit
The economic value created by the company, or the economic benefit to the surrounding community and society

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