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Asian Journal of Research in Business Economics and Management
Year : 2015, Volume : 5, Issue : 10
First page : ( 1) Last page : ( 5)
Online ISSN : 2249-7307.
Article DOI : 10.5958/2249-7307.2015.00179.6

Triple Bottom Line Reporting: Present Research and Future Direction

Mr. Dutta Sumanta*, Prof. Dutta Uttam Kumar**

*Assistant Professor, PG Department of Commerce, St. Xavier's College, Kolkata, India

**Professor, Department of Commerce & Management, West Bengal State University, Kolkata, India

Online published on 9 October, 2015.

Abstract

Numerous business organisations, in an attempt to “demonstrate” their behaviour is sustainable, are beginning to adopt environmental management systems, undertake social agenda's, and issue stand-alone “sustainability” or “triple bottom line” (TBL) reports in addition to the financial report. The apparent purpose of such practices and reporting is to make organisations more accountable to a diverse group of “stakeholders”. Hence TBL emerged as a new tool for measuring organisational performance. Triple Bottom Line Reporting (TBLR) goes beyond the traditional way of reporting mechanism and encourages businesses to give closer attention to the whole impact of their commercial activities; over and above their financial performance.TBL implies business should provide equal importance to all the three dimensions of business impact without giving unique weight to their financial results.

Present study is an attempt to highlight the literature based evaluation of Triple Bottom Line Reporting (TBLR) in India and its future scope.

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Keywords

Triple Bottom Line Reporting, Sustainability Reporting, Transparency and Corporate Social Responsibility.

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