People. Planet. Profit. The Triple Bottom Line Advantage.

Category:

Description

This course explores the Triple Bottom Line (TBL) framework, which integrates economic, social, and environmental dimensions to drive sustainable and profitable business practices. Participants will learn what the TBL mindset is, the significance of the “Three P’s,” the benefits of adopting TBL, and practical strategies for implementing and measuring its impact.

Effective leadership is crucial to successfully implementing the TBL and ESG frameworks within an organisation. Leaders play a key role in embedding sustainable practices into the organisational culture, ensuring alignment across teams, and championing initiatives that support long-term impact. By setting a clear vision, modelling sustainable behaviours, and engaging stakeholders at all levels, leaders drive accountability and commitment to ESG goals, fostering a workplace that prioritises responsible growth and positive social and environmental outcomes.

This course is HRD Corp (HRDC / HRDF) claimable.

Additional information

Mode

Physical, 1-day
Jan

23
Feb

28
In-House

✓

Course Details

Course Objectives

  • Define TBL mindset and its role in sustainable business.
  • Identify and understand the “Three P’s” (People, Planet, Profit) in TBL.
  • Explore the benefits and importance of TBL for organisations.
  • Develop skills to implement and measure TBL practices effectively.

Learning Outcomes

  • Grasp the theory and concept of TBL.
  • Develop the ability to integrate the TBL approach into business operations and design its
    measurement.

Target Audience

  • Small and medium-sized business owners
  • Entrepreneurs
  • SME leadership team

Course Outline

  • The Triple Bottom Line (TBL): What is TBL Thinking?
  • What Are The “Three P’s” Of The Triple Bottom Line?
  • Benefits of TBL: Why Is The Triple Bottom Line Important?
  • How to Implement and measure your Triple Bottom Line?

The Triple Bottom Line (TBL) – An Introduction

  • Introduction to TBL thinking
  • Historical context and evolution of TBL
  • The core principles of TBL
  • The relationship between TBL and ESG

The Three P’s of the Triple Bottom Line

  • People (Social sustainability)
    > Employee welfare and diversity
    > Community engagement and social impact
  • Planet (Environmental sustainability)
    > Resource conservation and sustainability
    > Carbon footprint and environmental certifications
  • Profit (Economic sustainability)
    > Sustainable business models
    > Financial Reporting for TBL

Benefits and Importance of TBL

  • The competitive advantage of TBL
  • Stakeholder engagement and reputation management

Integrating the TBL Approach into business

  • Strategies for integrating TBL into business operations
  • Measuring TBL performance and impact
  • Case studies of successful TBL implementation

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