Vol. 5, Issue 2, Part A (2023)

This research paper aims to investigate the impact of Triple Bottom Line (TBL) assessment on the sustainability of organizations. The Triple Bottom Line framework incorporates economic, environmental, and social dimensions to assess an organization's performance. With growing concerns about sustainability and responsible business practices, understanding the effects of TBL assessment on organizational sustainability becomes crucial.
The study employs a mixed-methods approach, combining quantitative analysis and qualitative interviews. Quantitative data is collected through surveys distributed to a diverse sample of organizations across various industries. The survey measures the level of TBL adoption, the extent of TBL disclosure, and the perceived impact on organizational sustainability. In parallel, qualitative interviews are conducted with key stakeholders, including senior executives, sustainability managers, and employees, to gain insights into their experiences and perspectives on TBL assessment.
The research hypothesizes that organizations that actively adopt and disclose TBL practices will experience enhanced sustainability outcomes. The study explores the economic benefits associated with improved financial performance, cost savings through resource efficiency, and enhanced reputation and brand image. It also examines the environmental benefits achieved through reduced carbon emissions, waste management, and resource conservation. Furthermore, the study investigates the social benefits, including employee engagement, community development, and stakeholder trust.