This course is also part of the Sustainable Management Certificate. Click here to view information about taking the full certificate.
In order to pursue the goal of sustainability, corporate and government leaders must manage companies and economies in terms of balancing and optimizing the triple bottom line of social, environmental, and economic impacts. The Triple Bottom Line concept, also known as the "3Ps" ("People, Planet, and Profit"), is both a metaphor for thinking about sustainability as well as the basis for a practical framework for accounting and reporting on organizations' activities and impacts. The TBL concept borrows the well-known and widely accepted idea of financial accounting and its "bottom line" and expands it.
After completing this module, you should be able to:
- Explain the triple bottom line (TBL) concept and its three pillars of "People, Planet, and Profits"
- Describe the Global Reporting Initiative (GRI) TBL accounting framework
- Explain how economic, environmental, and social performance indicators are developed
- Discuss how TBL accounting measures an organization's sustainability performance
- Outline the criticisms of TBL accounting
- Describe best practices for TBL accounting
Target Audience: This course is designed for adult learners interested in advancing their understanding of sustainable management.
Level/Prerequisites: Introductory/No Prerequisites
Estimated time to complete: 3-5 hours
Ask the Expert: This course has an "Ask the Expert" feature, which submits your questions directly to an expert in the field you are studying. Questions are answered as quickly as possible and usually within 24 hours.
Required Material: This course does not require any additional purchases of supplementary materials.
Successful Completion Requirement for IACET CEU: Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEU credit. Learners will have three attempts at all graded assessments.
Refund Policy for Online Courses
A refund will be granted if the Learner has not accessed the course site for the online learning module. To receive the refund, the Learner must submit a written request to email@example.com. A 10% handling and processing fee will be assessed.
No refund will be granted once the Learner has accessed the course site to begin their self-paced learning.
No refund will be granted after 5 days from the start date (date of purchase).
UMD Continuing Education MUST be contacted for cancellations at 218/726-8113 or firstname.lastname@example.org
There are currently no scheduled sections of this course. Please visit the UMD Continuing Education website for our other course listings. You may also contact us by email at email@example.com and by phone at 218-726-8113.
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