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
Pre-consumer Material
Pre-consumer (also called post-industrial) material is waste diverted from the manufacturing process before the product is completed.
