What Is the Triple Bottom Line? In 1994, author and entrepreneur, John Elkington, built upon the concept of the triple bottom line (TBL) in hopes to transform the current financial accounting-focused business system to take on a more comprehensive approach in measuring impact and success.

Why did triple bottom line start?

The Planet A recent report (pdf) found that 100 companies in the energy sector are responsible for roughly 71 percent of all industrial emissions. While businesses have historically been the greatest contributors to climate change, they also hold the keys to driving positive change.

What's wrong with the triple bottom line?

“Triple Bottom Line” — a Critique D. … The authors argue that the triple bottom line (“3BL”) paradigm is a rhetorical device with little substance. Further, the 3BL paradigm may distract managers and investors from more effective approaches to social and environmental reporting and performance.