Triple bottom line reporting is also referred to as?

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Triple bottom line reporting is best described as the measurement of a company's commitment to social responsibility, environmental stewardship, and economic viability. It emphasizes the idea that businesses should focus not only on financial profits but also on their impact on people (social), the planet (environment), and their overall performance (economic).

Referring to it as "the three pillars" encapsulates this broad perspective, as it recognizes the three critical dimensions that must be considered for sustainable development: social equity, environmental protection, and economic growth. These pillars reflect the concept that true success in business encompasses more than just financial gain; it also involves being responsible and accountable for the broader implications of business operations.

The other terms provided do not encapsulate this multifaceted approach. A financial summary mainly covers the monetary aspects, profit analysis focuses narrowly on financial performance without considering social or environmental matters, and statutory compliance refers to the adherence to laws and regulations, which does not necessarily account for the wider social and environmental responsibilities entailed in triple bottom line reporting. Thus, "the three pillars" is the most accurate alternative.

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