Week 8 Triple bottom line - Week 8 Debating the Triple...

Info iconThis preview shows pages 1–7. Sign up to view the full content.

View Full Document Right Arrow Icon
Week 8: Debating the “Triple Bottom Line” SOSC 3040 Corporate Social Responsibility
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
“Triple Bottom Line” [“3BL”] Coined in 1990s by John Elkington of SustainAbility consulting firm Corporate performance = 1. Financial performance [traditional “bottom line”] 2. Social performance 3. Environmental/ sustainability performance
Background image of page 2
3BL a Stakeholder Buzzword 3BL a popular expression of multi- stakeholder conception of CSR Implies social and environmental performance are goals along with financial performance, not constraints on permissible ways of attaining goal Cf. “tinged stockholder” model
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Origins and spread Coined in 1990s by John Elkington of SustainAbility consulting firm Concept now widely adopted by business, government & NGOs as way of talking about CSR
Background image of page 4
Criticisms of 3BL Practical Just words—doesn’t affect practice Deceptive, misleading in practice Conceptual Concept itself incoherent, inherently misleading
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Reporting on actions related to sustainability and social responsibility not actual sustainability and SR— “bottom line” language misleading because in practice only one bottom line counts Eg. Milne, Marcus, Amanda Ball and Rob Grey. 2005. “From soothing palliatives toward ecological literacy: a
Background image of page 6
Image of page 7
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 23

Week 8 Triple bottom line - Week 8 Debating the Triple...

This preview shows document pages 1 - 7. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online