1
Proposal for Prioritizing the Triple Bottom Line (TBL) Framework and B Corp
Certification
Southern New Hampshire University
QSO 321
For more info:
, 2
Part One: Justification of Benefits
Key Components of the TBL Framework
The TBL framework addresses three critical components: people, planet, and profit.
Each one of them contributes significantly to businesses and society in their respect:
➢ People: This part comprises social equity and ethical business practices. Through
proper labor practices, community involvement, and employees' well-being,
workplace morale will increase, increasing the workers' productivity, and thus, a
feeling of trust among communities is fostered. Companies investing in employee
development and well-being reported lower turnover rates and higher innovation due
to their feelings of valuing and empowerment for creative contribution.
➢ Planet: Environmental sustainability is at the core of this component. Businesses
adopting eco-friendly practices reduce waste, conserve resources, and mitigate
environmental impact, aligning with growing consumer demand for sustainable
products. Proactively addressing environmental concerns also minimizes regulatory
risks and positions companies as leaders in the fight against climate change.
➢ Profit: Whereas traditional measures are concerned with financial gain alone, the
TBL approach aims to ensure long-term profitability through ethical and sustainable
operations. This, in turn, reduces costs, builds brand loyalty, and opens up new
markets. Indeed, many business sustainability practices, such as energy efficiency and
waste reduction, often lead to significant cost savings, improving the bottom line.
Organizational Value
Using the TBL framework to guide decision-making embraces the mission and vision
of NationaliTeas through embedding sustainability and ethical practices in its operations. For
example:
For more info:
Proposal for Prioritizing the Triple Bottom Line (TBL) Framework and B Corp
Certification
Southern New Hampshire University
QSO 321
For more info:
, 2
Part One: Justification of Benefits
Key Components of the TBL Framework
The TBL framework addresses three critical components: people, planet, and profit.
Each one of them contributes significantly to businesses and society in their respect:
➢ People: This part comprises social equity and ethical business practices. Through
proper labor practices, community involvement, and employees' well-being,
workplace morale will increase, increasing the workers' productivity, and thus, a
feeling of trust among communities is fostered. Companies investing in employee
development and well-being reported lower turnover rates and higher innovation due
to their feelings of valuing and empowerment for creative contribution.
➢ Planet: Environmental sustainability is at the core of this component. Businesses
adopting eco-friendly practices reduce waste, conserve resources, and mitigate
environmental impact, aligning with growing consumer demand for sustainable
products. Proactively addressing environmental concerns also minimizes regulatory
risks and positions companies as leaders in the fight against climate change.
➢ Profit: Whereas traditional measures are concerned with financial gain alone, the
TBL approach aims to ensure long-term profitability through ethical and sustainable
operations. This, in turn, reduces costs, builds brand loyalty, and opens up new
markets. Indeed, many business sustainability practices, such as energy efficiency and
waste reduction, often lead to significant cost savings, improving the bottom line.
Organizational Value
Using the TBL framework to guide decision-making embraces the mission and vision
of NationaliTeas through embedding sustainability and ethical practices in its operations. For
example:
For more info:
