Internalizing the Externalities

TBL accounting

Traditionally, accounting has had 3 distinct objectives: providing data for day to day operational needs, supplying regular external financial reports, and providing management with information for decision making – all geared towards one aim – maximizing shareholder value – maximizing the economic dimension. Sure, owners of the company who have a clear vested interest in […]

The Roadmap to Sustainability

roadmap

The first thing to make Triple Bottom Line (TBL) accounting a success is to gain allies in different domains and sub-domains, like Development, Design, Purchase and Marketing – essentially establishing  a cross- functional team that can cut through the red tape and get things done. The roadmap towards sustainability will look something like listed below: Making […]

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