Sustainability

Triple bottom line, which measures the social, environmental and financial impact of business, may have seemed like a fad a decade ago, but the growing number of sustainability reports issued by large corporations show that this fad is here to stay. Michael Borowitz, CPA, Columbus shareholder at Cla...

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Bibliographic Details
Published in:Smart Business Columbus 2020-04, Vol.28 (7), p.20-20
Main Author: Gest, Jayne
Format: Article
Language:English
Subjects:
Environmental impact
Stockholders
Sustainability
Online Access:Get full text
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Summary:Triple bottom line, which measures the social, environmental and financial impact of business, may have seemed like a fad a decade ago, but the growing number of sustainability reports issued by large corporations show that this fad is here to stay. Michael Borowitz, CPA, Columbus shareholder at Clark Schaefer Hackett, says companies still spend more time and effort worrying about the financial bottom line because being able to pay employees and make shareholders happy is a constant pressure. Why do organizations look to measure and improve social and/or environmental impacts, in addition to the financial bottom line?
ISSN:1544-8703