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Module One Assignment QSO 321 Triple Bottom Line (TBL)
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Module One Assignment QSO 321 Triple Bottom Line (TBL) is the idea that companies should commit to focusing as much on social and environmental concerns as they do profits. The idea being that there should be three bottom lines within the company, profit, people and the planet. The purpose of t...

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  • January 10, 2023
  • 3
  • 2022/2023
  • Essay
  • Unknown
  • A+

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  • module one assignment qso 321 triple bottom line tbl
  • module one assignment qso 321 triple bottom line tbl is the idea that companies should commit to focusing as much on social and environmental c

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Laura Reese
Module One Assignment
QSO 321


Triple Bottom Line (TBL) is the idea that companies should commit to focusing as much

on social and environmental concerns as they do profits. The idea being that there should be

three bottom lines within the company, profit, people and the planet. The purpose of the triple

bottom line framework is to gauge a company’s financial, social and environmental performance

over a time. Some similarities that exist between incorporating the TBL framework into both the

service industry and the manufacturing industry might include the overall goal of incorporating

this framework and both industries may purchase more environmentally friendly supplies. They

may work with more environmentally friendly companies, and they likely focus more on their

consumers wants or needs than an average company who does not use the TBL framework.

Whether it be the service industry or manufacturing, they are going to be much more self-aware

financially, environmentally and socially. As for differences that exist between incorporating the

TBL framework into the service industry and the manufacturing industry, we are going to focus

more on the types of waste or pollution that comes from these two industries. For example, a

manufacturing industry uses a lot of machinery, involving substances such as heavy metals, oil,

grease, biological oxygen demand and suspended solid, which can affect call elements of river or

marine environments. Therefore, manufacturing companies are going to focus largely on the

affects their own personal equipment may be having on the environment, try to limit that as

much as possible and maybe donate to companies who help keep the oceans or rivers clean, or

help the sea life. As for the service industry, a lot of their supplies they purchase from

manufacturing companies, so they are going to look into the company, make sure they use the



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