Asked by Pooja Attri on May 28, 2024

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The triple bottom line evaluates organizational performance on economic, social, and environmental criteria.

Triple Bottom Line

A sustainability framework that examines a company's social, environmental, and financial performance, aiming for a balance between profit, people, and the planet.

Economic

Relating to the production, distribution, and consumption of goods and services, and the management of wealth within a society.

Social

Pertaining to society or its organization; relating to human society and how individuals interact and live together in communities.

  • Learn about the key principles of corporate social responsibility (CSR) and its significance in organizational strategy formulation.
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TG
Tanner GardinerMay 28, 2024
Final Answer :
True
Explanation :
The triple bottom line framework evaluates an organization's performance based on three criteria: economic, social, and environmental.