Critical evaluation on why companies are adopting triple bottom line (TBL) as a business model

Draft an executive summary on why TBL – triple bottom line is being adopted by companies as an ethical framework—a way of assuring sustainable and ethical commitments to CSR initiatives.

Address the following criteria in the executive summary:

Identify the advantages and disadvantages of adopting the TBL -triple bottom line model.

Summarize what a company may gain from adopting the TBL -triple bottom line model.

Analyze how a balanced scorecard can assist a company in measuring its TBL -triple bottom line performance.