Triple Bottom Line Approach to Environmental Protection

The IUP Law Review, Vol. VI, No. 2, April 2016, pp. 54-68

Posted: 25 Oct 2016

See all articles by Meera Singh

Meera Singh

University of Petroleum and Energy Studies (UPES)

Tabrez Ahmad

Maulana Azad National Urdu University (MANUU)

Date Written: October 24, 2016

Abstract

The concept of Triple Bottom Line (TBL) is gaining significance and becoming popular amongst corporates. This concept was coined in 1994 by John Ellington, noted management consultant, who had stated that the concept of TBL is established on the fact that business entities have more to do than make profits. There are three parameters in TBL to estimate business performance, i.e., economic, environmental and social factors. People, planet and profit are used to compactly explain the TBLs. While profitability is a pure economic bottom line, environmental and social bottom lines are semi or non-economic as far as revenue generation is concerned. But it has an equal weightage due to its positive impact on long-term goodwill that an enterprise commands. This paper analyzes the different provisions available to protect the environment under the TBL.

Suggested Citation

Singh, Meera and Ahmad, Tabrez, Triple Bottom Line Approach to Environmental Protection (October 24, 2016). The IUP Law Review, Vol. VI, No. 2, April 2016, pp. 54-68, Available at SSRN: https://ssrn.com/abstract=2858114

Meera Singh (Contact Author)

University of Petroleum and Energy Studies (UPES) ( email )

Wagholi
Pune, MA 412207
India
9819861374 (Phone)

Tabrez Ahmad

Maulana Azad National Urdu University (MANUU) ( email )

Gachibowli
Hyderabad, IN Telangana 500032
India
+918755929751 (Phone)

HOME PAGE: http://www.manuu.ac.in

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