How to Interpret the Triple Bottom Line in the Case of Tesla, Inc.?

Marian Pompiliu Cristescu (), Dumitru Alexandru Mara, Raluca Andreea Nerișanu, Lia-Cornelia Culda and Antonia Pătrașcu
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Marian Pompiliu Cristescu: Lucian Blaga University of Sibiu
Dumitru Alexandru Mara: Lucian Blaga University of Sibiu
Raluca Andreea Nerișanu: Lucian Blaga University of Sibiu
Lia-Cornelia Culda: Lucian Blaga University of Sibiu
Antonia Pătrașcu: Petroleum–Gas University of Ploiești

Chapter Chapter 12 in Reimagining Capitalism in a Post-Globalization World, 2024, pp 159-177 from Springer

Abstract: Abstract This article proposes and examines the notion of triple bottom line (TBL) for a firm that is well mediated in terms of sustainability, green energy, and an environmentally and socially responsible organization. We studied the notion of TBL by presenting the structure and composition of the triple bottom line (TBL) as well as the requirement of integrating such an analysis in medium- and large-sized businesses. In order to demonstrate some impact on the TBL, we investigated one of the most mediated and high-value companies in the world, Tesla, which introduced the electric car as an asset that should be possessed by an average-income individual. When analyzing the results of the TBL, we intend to compare a chart of the three types of responsibilities—financial, social, and environmental—in order to draw conclusions regarding the necessity of recording the social and environmental bottom lines, as well as the necessity of integrating social responsibility into the upper management and environmental responsibility as a fundamental principle among employees.

Keywords: TBL; Sustainability; Sustainable economy; Social responsibility; Environmental responsibility (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-031-59858-6_12

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DOI: 10.1007/978-3-031-59858-6_12

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