Although implementing a triple bottom line approach has its challenges, there are immediate positive short-term and long-term impacts on an organization’s profitability and growth:
- Improved processes and supply chain management reduces costs
- Developing green products and services opens up new markets and increases revenues
- Inclusive procurement from diverse sources delivers innovation and market relevance (or customer loyalty)
- Increased employee engagement and retention leads to greater productivity
- A corporate reputation for sustainability allows access to new avenues for capital
Lack of vision, lack of resources and lack of a strategic plan can all hinder sustainable growth. We are committed to helping organizations build realistic strategies that lead to long-term growth and profitability, with a triple bottom line approach that includes People and the Planet as critical contributors to success.