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Triple bottom line - Coggle Diagram
Triple bottom line
Definition
3 components
Societal
Environmental
Economic
Consider
Positives
Negatives
Decision-making
Trade offs
Overall balanced decisions
Weighing it up
Impact
Positive
Societal
Increased social inclusion
Reduce isolation
Reduce marginalised workers
Diverse workforce
Innovation opportunities
Increased spending
Environment
Reduction in pollution
Reduction in waste
Conserve natural habitats
Economic
Job creation
Increased spending
Increase supply/demand
Generate profit
Longer term benefits
Reinvestment
Negative
Societal
Marginalisation
Precarity
Poor health and wellbeing
Environmental
Destruction of natural resources
Increased pollution
Impact on public health
Impact on biodiversity
Extinction
Natural disasters
Economic
Avoiding taxes
Unfair
Wages
Working conditions
Goals
Method of analysing extent of goals
who takes part
Based on what criteria
Partake in what
to what effect
Assessment and governance
How to produce
What to produce
To what effect
Who decides
Organisational continuum (stakeholder engagement)
Triple bottom line
Consult
For profit
Employee ownership
Collaborate
Social enterprice
Non Profit