Balancing the Books
Environmental responsibility, social awareness and economic profitability are the three markers of a sustainable organisation. How does ProLogis weigh up?
The Triple Bottom Line is a clear-cut method of describing a sustainable and successful approach to business. The original Bottom Line, of course, was purely a question of financial performance. concerning the profit, or otherwise, on the company balance sheet.
These days, balancing the books has a broader definition – one that ProLogis is keen to embrace. The Triple Bottom Line concept came from the Global Reporting Initiative (GRI), a not-for-profit, multi-stakeholder body with thousands of international advisors.
The GRI believes that an organisation’s licence to operate comes not just from satisfying stakeholders through improved profits, but by striving also for exemplary environmental performance and meaningful social engagement. Its aim is to convince all organisations to report on economic, environmental, and social performance in a routine, transparent and easily-comparable way.
ProLogis believes it is crucially important to balance the Triple Bottom Line in order to achieve a responsible approach to development. Over the next few pages, we take a detailed look at all three constituents of the ProLogis operation.
Click on one of the three sections below to read more...
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