The triple bottom line Is a sustainability-based accounting method focused on people and the planet as well as profit.
[noun]
The triple bottom line – aka TBL or 3BL – is a sustainability-based accounting method focused on people and the planet as well as profit. Organizations consider their economic, social, and environmental impact to create greater value for both their shareholders and society.
e.g. When aiming to adhere to a Triple Bottom Line approach, brands should focus beyond economic growth and also consider social and environmental concerns.
From ECONYL® Blog
Carbon Offsetting
Carbon offsetting is the practice of compensating for greenhouse gas emissions by funding projects that reduce or remove emissions elsewhere.
Upcycling is the process of transforming waste materials, by-products, or unwanted products into new items of higher value, quality, or environmental benefit.
