Triple Bottom Line (TBL) Framework

By: A Staff Writer

Updated on: Jul 19, 2024

What: Expands performance measurement beyond financial metrics to include social and environmental impacts.

Who: John Elkington coined the phrase in the 1990s.

Why: Helps entrepreneurs balance priorities, making decisions that are sustainable long-term.

When: In goal setting, reporting to stakeholders, designing products, and evaluating trade-offs.

How:

1. 1. Deciding what to measure under People and Planet is hard!
   2. Look to your company’s specific industry for relevant metrics.