ACCA Applied Knowledge · Business and Technology · Environmental and sustainability factors
The 'triple bottom line' approach to sustainability requires an organisation to report on performance in which three areas?
The triple bottom line covers profit, people and planet: economic, social and environmental performance. It asks organisations to measure and report beyond financial results, so that the social and environmental effects of their activities are considered alongside profit.
- AProfit, people and planetCorrect
- BPrice, product and promotion
- CPlanning, organising and controlling
Explanation
The triple bottom line (Elkington) extends reporting beyond financial profit to include social (people) and environmental (planet) performance. The other options are the marketing mix and management functions, which are unrelated to sustainability.
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