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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:
The use of sustainable environmental practices and the reduction of environment impact.
The fair and favorable business practices regarding labor and the community in which the company conducts its business
The economic value created by the company, or the economic benefit to the surrounding community and society