Sustainability Tripod for companies: how to unite people, planet and profit

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The Triple Bottom Line concept focuses not only on results, but also on the impact the company has on the planet and on ways to reduce these negative effects. This means that the company seeks to have a healthy relationship with natural and social resources, but without neglecting profit.

The Sustainability Tripod leads the company to make sustainable decisions regarding the preservation of natural resources and the reduction of aggression to the planet, in relation to the well-being and lives of the people who work in the company and who still generate profit.

After all, it is not possible to help social causes without continuing the company. It is necessary to have a financial return to create a sustainable atmosphere for all the pillars of the Sustainability Tripod.

Sustainability Tripod for companies
The Sustainability Tripod is made up of three pillars: social, environmental and economic. In other words, your decisions must be made from the perspectives of people, the planet and profit.

We will detail each of them below.

Social
There are two fronts related to social issues austria phone number lead for companies: internal and external social responsibility. The internal social issue concerns responsibility and good practices towards employees.

A company concerned with sustainability must respect its employees and offer good working conditions, such as fair pay, flexibility, inclusion and diversity.

A healthy work environment in which employees have a harmonious and fair relationship directly impacts the company's results. External social responsibility, on the other hand, is related to customers and the community in which the company operates.

Much of today's consumer market is not just looking to consume products or services. They want to get to know the company, connect with its purpose and values, and learn how the company positions itself in relation to certain causes.

Valuing the local workforce and environment, encouraging social projects and offering programs to support well-being and educational incentives are some of the best examples of helping the community as a whole.

Environmental
The focus of the environmental issue is to maintain more appropriate production practices, such as the emission of pollutants and the disposal of raw materials, in addition to exploring natural resources more responsibly.

Sustainable practices focused on the environment ensure the continuity of resources, being linked to preservation and waste reduction programs. And anyone who thinks that only large companies use resources to produce products that negatively impact the environment is mistaken.

Even a small office can reduce its impact in terms of energy consumption, paper and printing usage, carbon footprint generated by employee transportation, and many other factors. Being more environmentally responsible requires structural changes and is a long road, but in the long run, it can yield good results for the company.

Economic
This is the pillar that generates the most doubts within the Sustainability Tripod, as many companies do not know how to create more financially responsible management.

Well, the first step is to take care of the business' assets responsibly, renewing what is necessary in terms of equipment and tools, investing to achieve good results.

It is also necessary to have greater financial responsibility regarding investments and budgets. Conducting a more detailed analysis of the company's economic situation is essential for its long-term financial health. Conducting a feasibility study is a great way to start .

Still within the economic issue, there is the concern with fiscal responsibility. These are obligations that extend to the management of fiscal documents and the payment of due taxes and declarations to the IRS.

With strong foundations in the three pillars, your company's chances of being successful and healthy are much greater. The Sustainability Tripod is a great way to create a sustainable company that generates benefits for everyone around it, in addition to making this good return in the form of profit.