The Role of Triple Bottom Line Reporting in Promoting Corporate Sustainability and Stakeholder Engagement

Abstract

This study delves into the crucial role played by Triple Bottom Line (TBL) reporting in advancing corporate sustainability and enhancing stakeholder engagement. In the contemporary business environment, companies are progressively acknowledging the significance of integrating social, environmental, and economic aspects into their decision-making frameworks. TBL reporting provides a structured approach enabling organizations to evaluate and convey their performance across these dimensions. By investigating how TBL reporting influences corporate sustainability and stakeholder engagement, this research seeks to elucidate the advantages and obstacles linked with its adoption. It explores the three pillars of sustainability—social, environmental, and economic aspects—and illustrates how TBL reporting empowers businesses to assess and reveal their achievements within these realms.