Triple bottom line

Triple bottom line is the concept that performance of any business shall be evaluated in three domains: economic, environmental, and social. Sustainability reports are designed to communicate the business' performance on the the triple bottom line.

Definitions

According to Managerial Accounting by Braun, Tietz (5th edition),

Triple bottom line. Evaluating a company's performance not only by its ability to generate economic profits, but also by its impact on people and on the planet.

According to the Strategic Management by Parnell (4th edition),

Triple Bottom Line. The notion that firms must maintain and improve social and ecological performance in addition to economic performance.