Triple Bottom Line Reporting

Triple Bottom Line Reporting

Triple bottom line reporting specifies three reporting requirement or line for the organization i.e. reporting of economical issue, environmental issues, and social issues.

1.    Economical Reporting

First reporting requirement is economic factor like profit, sales, cost, and dividend. This reporting line is very common in the business and organizations are well familiar with the requirement and objective of this reporting.

2.    Environmental Reporting

Second reporting requirement is to report policy and action for the environmental issues and risks like, minimizing the use of toxic material, use of recycle material, using renewable resources, increasing the life of product.

3.    Social Reporting

    Third reporting requirement for entity is to report objective information on social issues like,     donation to community, employees’ satisfaction level, and community satisfaction level.           These reports can be made by performing different survey like employee satisfaction survey,     community survey