The essence of triple bottom line reporting is:
A) wealth creation.
B) sustainable development.
C) pollution control.
D) social responsibility.

Question

Quizplus · Accepted Answer

Triple bottom line reporting focuses on sustainable development, which means considering the impacts of business decisions and operations on social, environmental, and economic factors. It goes beyond just financial performance and takes into account the long-term wellbeing of all stakeholders, including employees, customers, communities, and the planet. While social responsibility and pollution control are important aspects of sustainable development, they are just one part of the bigger picture. Wealth creation is also important, but not at the expense of other factors.

The Essence of Triple Bottom Line Reporting Is