A Triple Bottom Line Approach To Advanced Project Evaluation
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A Â ~triple Bottom Lineâ (Tm) Approach to Advanced Project Evaluation
Author: Grace Ding
language: en
Publisher: Cambridge Scholars Publishing
Release Date: 2020-04
The concept of â ~the triple bottom lineâ (TM) has recently emerged to describe a new framework for development aimed at achieving economic and social balance while maintaining the long-term integrity of ecological systems. This requires measuring not only the economic viability of projects, but also their impact on the environment and their contribution to society. We live in a world where most people are aware of the importance of our environment. The way in which this realisation came about has, in hindsight, not been as simple as could have been expected. Systematic evaluations of the economic viability of projects using discounting date back to the beginning of the last century and are something which has been readily accepted, especially over the last few decades. However, an integrated approach, including environmental and social aspects, is much more recent, and even now, the methods and methodologies for such an approach are still being developed. This volume details the state of the art of the development towards the triple bottom line. It indicates where there is still debate about fundamental principles, where theory has been overlooked in the name of convenience, and where there are still unresolved problems. The discussions provided here will serve to provide a more detailed understanding of what we do in our calculations, what they mean and the limitations thereof.
A ‘Triple Bottom Line’ Approach to Advanced Project Evaluation
Author: Grace Ding
language: en
Publisher: Cambridge Scholars Publishing
Release Date: 2020-03-06
The concept of ‘the triple bottom line’ has recently emerged to describe a new framework for development aimed at achieving economic and social balance while maintaining the long-term integrity of ecological systems. This requires measuring not only the economic viability of projects, but also their impact on the environment and their contribution to society. We live in a world where most people are aware of the importance of our environment. The way in which this realisation came about has, in hindsight, not been as simple as could have been expected. Systematic evaluations of the economic viability of projects using discounting date back to the beginning of the last century and are something which has been readily accepted, especially over the last few decades. However, an integrated approach, including environmental and social aspects, is much more recent, and even now, the methods and methodologies for such an approach are still being developed. This volume details the state of the art of the development towards the triple bottom line. It indicates where there is still debate about fundamental principles, where theory has been overlooked in the name of convenience, and where there are still unresolved problems. The discussions provided here will serve to provide a more detailed understanding of what we do in our calculations, what they mean and the limitations thereof.
Developing Sustainability in Organizations
This book explores the historical, foundational, and applied elements of sustainability theory and practice as relevant to the leadership, management, and innovation of organizations, companies and enterprises. It provides analytical and critical reviews of the current evolution of sustainability for people, planet, prosperity, innovation and impact. Divided into four parts, the work offers an integrated model of development for creating and delivering sustainability values at the personal, organizational, societal and environmental levels. The different sections examine sustainability leadership (focusing on of ethics, values, and purpose), sustainability management (focusing on organizational effectiveness and stakeholders’ wellbeing), sustainability innovation (focusing on social and environmental entrepreneurship), and sustainability impact (focusing on resilience, interconnectedness, consciousness, systemic thinking, and cosmic empathy for the common good and common future). Combining theoretical and practical applications that give the reader a deeper, scientific, and critical understanding of the urgent, complex, and necessary values for a sustainable future for all, this comprehensive text is a must-read for researchers and students alike, providing a framework for effective globally responsible leadership.