Friday, February 7, 2020
Triple bottom line (TBL) Essay Example | Topics and Well Written Essays - 1500 words
Triple bottom line (TBL) - Essay Example The paper seeks to evaluate operational benefits hunted and realized from the evidence of the business discussed with regard to TBL. Additionally, the paper also seeks to answer whether there are activities that can be carried out to incorporate TBL. The research seeks to answer the following questions; the origin of the organization, its economic, social and environmental involvement in the business. in addition, its involvement in CSR. The research was done on Bristol organization which is a charitable organization. The work contains the profile of Bristol organization, investigation methods used, findings, literature review, the activities of the organization, importance of CSR and conclusion. Organization profile Bristol organization is a charitable organization established in the year 2000. ... For part two I used questionnaire. I got the information from the manager of Bristol. I chose questionnaire because it is an easy method of data collection. In addition, I get to gather information first hand from the manager of the organization. The method is also interactive making the interviewee feel at ease while answering the questions. I used the findings from part 1 and part 3 to complete part 3. Discussion findings From the primary research from Bristol, we learn that, the organization has maximized on the triple bottom line concepts, even though the organization does not use triple bottom line as a framework for its business reporting. Economy wise the organization has ensured enough people are employed even though they are not that educated. Therefore, by providing employment opportunities the organization gas assisted in reduction of unemployment in society. Additionally, the organization is involved in charitable activities that assist in helping the needy therefore, con tributing positively to the society. Through, sustainability initiative the organization has been able to maximize on profit. Thus, the organization has been able to improve in its service delivery. Through the green capital award, more organizations will be encouraged to embrace triple bottom line concepts in order to ensure they stay in line with organizations that are already in practice. Bristol CSR activities The operational activities practiced by Bristol include; voluntariness, this involves the company behavior to ensure all selected actions and behaviors are based on ethics, values and according to the existing laws. The company benefits from these operational activities in that it will gain respect from the community therefore maximizing on sales. Additionally, by
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