Monday, August 6, 2012

Journal # 17: Triple Bottom Line


August 6

            During our class today, our topic revolved around CSR and the environment. The Triple Bottom Line approach absolutely struck me the most throughout our discussion.  I came across this lesson in the past, and I believe that every company should live up to this in order to reach sustainability.  This Triple Bottom Line is made up of three factors: economic, ethical, and environmental.  It can also be related to “People, planet, and profit”.  It is evident that the goal of every company is to gain profit; however, they must consider two other things, such as the equity and fair business practices and practicing sustainable environmental practices. 



On top of this, we discussed in class that our mother Earth is forgiving and it can heal itself given time.  But despite this, we must realize that we are the ones devastating our surroundings and we should be considerate of our actions. We must always remember that if we do not take care of our environment, we will lose all our resources.    



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