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Week 4 Tools for analysing and measuring impacts - Coggle Diagram
Week 4 Tools for analysing and measuring impacts
Triple Bottom Line
economic or financial impact
measured by profit.
environmental impact
planet account
social impact.
by human well-being
3 elements are interconnected
need to consider positive and negative impacts
all lead to sustainability
Environmental sustainability
Positive
negative
Sustainability management tools
legal compliance
manage stakeholder relationships
reduce complexity
support evalution and decision making
improve performance
operationilising strategies
facilitate learning and innovation
internal or external factors influence them
internal- personal views of managers