Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is the triple bottom line for a green building?

user-image
Question added by Sherif Mohammed Ibrahim , Senior Mechanical Technical engineer , Al-Latifia Trading & Contracting Company
Date Posted: 2016/12/05
Hossam El-Din Ahmed Helmy Hafez
by Hossam El-Din Ahmed Helmy Hafez , Revit MEP instructor , PME, Project Management Expert

The triple bottom line 

  • People (social capital). 
  • Planet (natural capital). 
  • Profit (economic capital).

Usman Ahmed
by Usman Ahmed , ELECTRICAL ENGINEER , AVE s.p.a

The main idea of Triple Bottom Line is that you must have to put a system-thinking approach in the design and planning phase. The TBL focuses on People, Planet and Profit goals, that mean you take all the stakeholders into consideration,all the benefits of project must be to all people involved in it, all benefits of project must have a positive impact on environment and the there is profit for  shareholders in form of less operation and repairing costs. 

Francesco Miconi
by Francesco Miconi , Technical Manager , Ingegneria & Valore S.r.l.

Triple bottom line is also often used to refer to the concept of sustainability. The term was coined by John Elkington, cofounder of the business consultancy SustainAbility, in his 1998 book Cannibals with Forks: the Triple Bottom Line of 21st Century Business. First applied to socially responsible business, the term can characterize all kinds of projects in the built environment. The triple bottom line concept incorporates a long-term view for assessing potential effects and best practices for three kinds of resources:

  • People (social capital). All the costs and benefits to the people who design, construct, live in, work in, and constitute the local community and are influenced, directly or indirectly, by a project 
  • Planet (natural capital). All the costs and benefits of a project on the natural environment, locally and globally 
  • Profit (economic capital). All the economic costs and benefits of a project for all the stakeholders (not just the project owner)

The goal of the triple bottom line, in terms of the built environment, is to ensure that buildings and communities create value for all stakeholders, not just a restricted few. For example, an energy-efficient building that saves the owners money but makes the occupants sick is not sustainable, nor is a material that has a small carbon footprint but was made in a sweatshop, nor is an eco-resort that displaces threatened species or local people.

jihad  bahaa el din
by jihad bahaa el din , Electrical Design Engineer , ECE - Elite Consolidated Engineers

People - Plant - Profit or Society - Environment - Economy

  • Add to Phrasebook  
    • No wordlists for English -> Arabic...  
    • Create a new wordlist...
  • Copy

Fouad Ouahil
by Fouad Ouahil , Architect Intern , GKC Architectes

People well being, Planet resources sustainability, Profit by having a profitable economy

Ahmed Essameldeen Ahmed Moussa
by Ahmed Essameldeen Ahmed Moussa , Part-time Teaching Assistant , Arab Academy for science,technology and maritime trasnport

Environmental,Social and Economical

Hussein Mahran
by Hussein Mahran , Design Manager , Inspiration Consulting Engineers

Social, Environmental, and Financial.

in other terms there's the 3P: People, Profit, and Planet.

arshad khan
by arshad khan , Senior Mechanical Engineer , LACASA Architecture & Engineering Consultant

  • People (social capital). All the costs and benefits to the people who design, construct, live in, work in, and constitute the local community and are influenced, directly or indirectly, by a project 
  • Planet (natural capital). All the costs and benefits of a project on the natural environment, locally and globally 
  • Profit (economic capital). All the economic costs and benefits of a project for all the stakeholders

KIRAN V NAIR NARIKKOT
by KIRAN V NAIR NARIKKOT , Technical/Pre Sales Engineer , MENTOR TRADING W.L.L

Green development + social purpose + positive returns

More Questions Like This