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Topic - Corporate Social Responsibility

Corporate Social Responsibility

What is the Triple Bottom Line and How Does It Work?

In a world where corporate greed and profiteering have been cited as two of the primary drivers behind the ongoing cost-of-living crisis that’s increasing financial hardship across Europe, the idea that businesses could exist for any reason other than profit seems hard to fathom. However, there’s a school of thought, called the triple bottom line (TBL), which suggests that businesses should be just as committed to improving the lives of people and the planet as they are to boosting their profits.




Corporate Social Responsibility

Knowledge@Wharton - Does the Good Outweigh the Bad? Sizing Up 'Selective' Corporate Social Responsibility

The collapse of the Rana Plaza factory in Bangladesh in April that killed more than 1,100 workers in one of the worst industrial disasters in history exposed the unsafe working conditions that garment workers - many of them women - endure across the developing world. The tragedy also revealed the inconsistencies of some companies with respect to corporate social responsibility (CSR).