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The Triple Bottom Line in Microfinance A growing group of Micro Finance Institutions (MFI’s) is interested in retaining the role of pioneer in the sustainable development of the financial sector in their respective countries . They don't want to turn into "ordinary commercial banks" themselves, focusing mainly on profits, but want to maintain their broader objectives and become leaders in 'socially responsible business', based on the triple bottom line: "people, planet, profit", often a new concept in their countries. This site helps you to evaluate and draw your own Triple Bottom Line. The Tabs on the left lead you to more information. Check here if you want to go directly to the TBL Focal Point Areas. | Sustainable Benefits The actual, concrete benefits from the orientation toward it's Triple Bottom Line depend on how the organization integrates the concept in it's daily operations. The process may begin with moderate steps. It takes time for an institution to establish sustainability in all of the TBL Focal Areas. Read about some inspiring examples here!
Together with the Client, FACET BV can develop a tailor-made coaching system, in order to support and maintain the process of adapting to a 'Socially Responsible Business'. Our team is happy to receive your inquiries and we are ready to support you in any way you like. Take a first step by sending us a mail.
| Leading Role for Your Company In a recent article in the Boston Globe (July 25, 2006), it was stated that ‘Corporations are now expected to play leading roles in promoting diversity, eradicating poverty, protecting public health, eliminating child labour, developing communities, ensuring privacy, and upholding human rights. And they must govern not just themselves, but also take responsibility for the behaviour of companies up and down their supply chains. Call it the age of accountability. Corpora-tions must step up their performance on environ-mental and social measures along with financial ones -- posting results according to the so-called "Triple Bottom Line." Today's smartest companies are embracing these expectations and turning them to their advantage. ‘ |
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