3-D of Sustainable Development: Environmental Economic Social
3-D of Sustainable Development: Environmental Economic Social
1. Strategic alliances
2. Local communities incorporation in designing
new models
3. Ongoing monitoring and Evaluation
4. Significat investment of time and resources
Sustainability Reporting
• What it simply mean?
- Report of social, environmental and economic
impacts of company
• It is vital to company itself in terms of
measuring ,understanding and communicating
their performance
• Setting up of reporting cycle
Triple Bottom Line
• Performance measure introduced by John
Elkington in mid 1990’S in America
• TBL an accounting framework,ahead of
traditional measures of performance,
comprising of Environmental and Social
dimensions
• Dimension of TBL called 3 P’s : People ,Planet
and Profit
• Calculating TBL
- 3 P’s not having common unit of measure and
why it seems to be challenge ?
- Some suggests to monetize all the dimensions
while others oppose on philosophical grounds
and questioning for accuracy in finding right
price of lost species or wet lands
• TBL in terms of INDEX
- How will the index components weighted?
- Would each P get equal weightage?
- Who decides?
• What measures go into the INDEX ?
1. Economic Measures
- Personal Income
- Cost of underemployment
- Job growth
- Employment distribution by sector
- Firms percentage in different sectors
2. Environmental measures
- SO2 conc.
- NO conc.
- Electricity consumption
- Fossil fuel consumption
- Hazardous waste management
- Change in land use/land cover
3. Social measures
- Female labour force participation
- Relative poverty
- Educated population
- Violent crimes per capita
Users of the TBL
1. Businesses
- Economic :Amount of taxes paid
- Social: Avrage training hours,welfare to carrer
retention,charitable contributions
- Environmental:GHG emissions,Use of recycled
material,Water consumption,waste to landfill
2. Non-Profits
- Food and Agriculture
- Ecological stewardship
- Education and the Arts
3. Government
Content of Sustainability Report
1. Welcome Letter
2. Table of Contents
3. Corporate sustainability Vision/ Mission/ Values
4. Key sustainability results overviews (KPI’s)
5. Annual initiatives and achievements
6. Organizational Profile
7. Corporate awards and excellence
8. History of the Organizations Corporate
Sustainability Report
9. Economic Sustainability Highlights
10.Environmental sustainability highlights
11.Social sustainability highlights
12.Future corporate sustainability plans
• Appendix to sustainability report