Triple Bottom Line Principles Research Articles

Implementation of Samsung Tech Institute Program in SMK Negeri 2 Bawang, Banjarnegara Regency

This research aims to determine the implementation of the Samsung Tech Institute Program which is Corporate Social Responsibility (CSR) from a multinational company, namely Samsung, especially at SMK Negeri 2 Bawang, Banjarnegara Regency. This research uses CSR as a framework analysis that uses the Triple Bottom Line principle. The method is a descriptive qualitative, with primary data sources from interviews and observations as well as secondary data. The research results show that the Samsung Tech Institute Program is implemented through Samsung Indonesia's CSR activities "Samsung Tech Institute" which has a selected curriculum such as Hand Held Product (HHP), Home Appliances (HA), Audio Visual (AV), Training of Teachers (ToT), Samsung Innovation Campus (SIC), Skills and Competency Test, and Field Work Practices. The implementation of the Samsung Tech Institute also contributes to produce the graduates who are able to compete in job competition.

Antecedent and outcome study on energy transition - empirical evidence from G7 countries in TBL approach

Increasing investment in energy R&D (SDG 7.4) is critical to fostering the renewable energy transition (SDG 7.2) and in a way to meet the global climate target (SDG 13). Although public investments in renewable energy are increasing, they remain insufficient to meet the G7 countries' climate commitments. In the present study, renewable R&D investment (RRDI) is considered as an antecedent variable to determine its influence on the outcome variable renewable energy share (RES) when mediated by transition variables. The energy transition variables are categorized into Triple Bottom Line (TBL) factors namely, Economic factors (Fossil Energy Price, Low carbon trade), Social factors (Nationally determined contributions, Unemployment), and Environmental factors (Renewable energy installed Capacity, Environmental Tax, Fossil Fuel Subsidies), they play the role of the mediating variables. The proposed conceptual framework is supported by regulatory focus theory to promote R&D investment. The hypotheses are tested for G7 countries' annual data spanning the years 2000 to 2021 using SPSS mediation analysis with Process-Macro. The analysis reveals that TBL factors are significantly enhancing the RRDI and RES relationships in Germany, Japan, and the UK. The USA and Japan experience less economic impact from oil price fluctuations. The NDCs are mediating to a greater extent to improve the relationship between R&D and renewable energy in Canada, France, and the UK. The lack of significant mediation effects of economic, social, and environmental factors in the USA and Italy indicates that policies in the USA and Italy are not strategically managed to improve the relationship between RRDI and RES. Further, the study suggests designing policies considering TBL principles to increase their average renewable R&D public investments to attain Sustainable Development Goal 7 (SDG7). The G7 energy transition has slowed down due to an imbalance in the policies to regulate the prevention-promotional aspects of the energy transition.

ANALYSIS OF THE IMPLEMENTATION OF GOOD CORPORATE GOVERNANCE (GCG) PRINCIPLES AND TRIPLE BOTTOM LINE PRINCIPLES IN CORPORATE SOCIAL RESPONSIBILITY (CSR) PROGRAMS IN PT. XYZ

The company's business activities will become more efficient if the company can apply the principles of Good Corporate Governance (GCG) with full commitment, including in implementing Corporate Social Responsibility (CSR) programs. In addition to the GCG principles, the implementation of CSR programs also needs to pay attention to the Triple Bottom Line principles to have a valuable impact on the sustainability of the company. This research is descriptive-quantitative research that aims to analyze the implementation of CSR programs and analyze the application of GCG and Triple Bottom Line principles in the CSR program of PT XYZ. Data collection was conducted through interviews, questionnaires, and documentation. Respondents related to the distribution of questionnaires are the recipients of the Community Development Program Year 2022-2023. The data analysis used is descriptive analysis to get the index value. The results showed that GCG principles and Triple Bottom Line principles have been applied to the CSR program of PT XYZ. However, the implementation of GCG principles related to the principles of transparency and responsibility as well as the implementation of Triple Bottom Line principles related to people still have shortcomings.

High-quality education for better sustainability and resiliency

The world meets poly crises in climate, pandemic, energy, food, human rights, and migration; hot and cold wars have come in Europe and other regions. The scope of the tasks becomes unprecedented, and their complexity demands high-level skill sets and teaching culture. Education moves into epicentres of the fight for better sustainability and resilience. The United National Sustainable Development Goals Four (SDG4) supposes allocating and diligently using several trillion US dollars for the next decades. The ambitious goals drive the educational system to be at a decent level regarding outcome and process. Saving gratitude to functions of a fundamental human right, a public good, gender equality, and an absolute right to education for all, the author urges that high-quality education is the priority because it will help society to cope with a new level of challenges and even existential threats the climate-like. The article describes the methodology and the importance of soft-hard skills for teaching and learning. The secondary-based sources research illustrates practical results regarding the educational process. The Triple Bottom Line principle (Planet, Profit, People) encompasses many disciplines engaging the main aspects of sustainability and resiliency and climate change for the university curricula in a coherent way. The article considers future trends in high education and case studies connected with the European Green Deal, environmental, social, and governance (ESG) reporting and practical aspects of Green Growth and De-Growth Theory. The Quality of Education reflects the regulator’s requirements and social and personal expectations. Life-long learning becomes a norm. The authors consider university products, processes and platforms through the lens of future trends, threats and opportunities. In times of turbulence, the results obtained through students’ upskilling and reskilling programs should fit the demands of new jobs, technologies, and financial mechanisms.

Bibliometric analysis of social enterprise literature: Revisit to regroup

Social enterprise (SE) studies are gaining ground as an emerging research domain owing to the duality characterizing their business models for tapping the triple bottom line (TBL) principle, which is a framework measuring the three pillars of sustainability: people, planet, and profit. This rising attention to SE has led to scattering in the research structure and knowledge spillover. Although publications have attempted to regroup this domain, extant analyses lack scientific coverage. By reforming previously adopted research approaches and redesigning metadata retrieval constraints, this study revisits, dissects, and synthesizes relevant SE-related studies to identify the current dominance, recent developments, and future directions of SE studies. Through a bibliometric review that combines descriptive, network, and content analyses, our findings reveal ten avenues worth pursuing, categorized under the research scope, research trajectory, and analytical dimensions. Finally, this study presents practical implications that support the institutionalization of SEs that holistically meet the TBL principle.

Evaluating the sustainability of demand oriented biogas supply programs under different flexible hierarchies: A suggested approach based on the triple bottom line principle

In this paper, a decision-making approach based on the triple bottom line concept is presented for evaluating the sustainability of demand-oriented biogas supply (DOBS) programs with regard to their environmental, economic, and social impacts. For the assessment, an indicator system was developed, whose main parameters were quantified by integrating emergy analysis, economic benefit assessment, and a proposed social risk accounting method. The Charnes-Cooper-Wei-Huang (CCWH) model with constrained cone was adopted to calculate the comprehensive sustainability via the synthesis of the economic, environmental, and social indicators, in which eight scenarios were set according to the flexibility hierarchy of biogas supplied for load demand, biogas production mode, and feeding substrates. The evaluation results show that the DOBS scenario of supplying for real-time varying power demand by using straw and livestock manure has the highest sustainability score in our case study. Based on the results, corresponding managerial implications are proposed.

Implementasi dan Peran Corporate Social Responsibility (CSR) terhadap Kepercayaan Anggota KSPPS BMT NU Balen Cabang Sugihwaras Bojonegoro

This study discusses the implementation of corporate social responsibility and its role in the trust of members of the sugihwaras KSPPS BMT NU Balen Branch. The purpose of this research is to evaluate the implementation of corporate social responsibility (CSR) and the role of members’ trust in KSPPS BMT NU Balen Sugihwaras Branch. The research method used is descriptive qualitative with data collection techniques through in-depth interviews and field observation. The results of the study show that KSPPS BMT NU Balen Sugihwaras Branch has succeeded in implementing a CSR program that is in line with the triple bottom line principle. The CSR program has a positive impact on trust members because they feel that KSPPS BMT NU Balen Sugihwaras Branch is not only profit oriented. But also care about social environment and members feel involved and have the opportunity to participate in CSR programs managed by the company thereby increasing trust and commitment and strengthening the company’s relationship with the community

Data-driven comparison of urban sustainability towards sustainable urban development under sustainable development goals (SDGs): a review based on bibliometric analysis

As urbanization has increased rapidly, the issue of sustainability has become more prominent, and urban sustainability should be the key to achieving the sustainable agenda raised by the UN. This study combines bibliometrics and text mining to analyze the research progress of urban sustainability. A total of 1,031 keywords from 240 documents screened by the PRISMA method are coded to draw heat maps in accordance with the sustainable triple bottom line principle and its cross-scope (Environment, Society, Economics, Environment & Society, Environment & Economics, Society & Economics, Environment, and Society & Economics) with its emphasis on 17 SDGs. The innovation of this study is manifested as the use of heat maps. The results indicate that the existing relevant research still focuses on environmental protection. Besides the general “sustainability” topics, “land use,” “decision-making,” “green city,” and “eco-city” have been more discussed than others. For the SDGs, the SDG 6, 7, 9, 11, 12, and 15 represent clean water, affordable and clean energy, industry, innovation and infrastructure, sustainable cities and communities, and responsible consumption and production and life on land, respectively. Only a small part of the research has begun to focus on the sustainable development of the community. More comprehensive and complete insights should be gained into sustainable development. This study suggests that the research on urban sustainability will be further deepened, and it should be significantly integrated with SGDs and place a focus on the coupling of urban sustainability and economic growth.

Comprehensive Social Cultural and Economic Benefits of Green Buildings Based on Improved AHP–FCE Method

Green buildings can effectively alleviate energy scarcity and improve environmental quality, and are becoming the mainstream mode of transformation and upgrading of the construction industry. It is given great importance by all sectors of society committed to implementing the “carbon peak” and “carbon neutral” goals earnestly. However, the unclear comprehensive benefits of green buildings restrict their development in China. The existing studies tend to be limited to a single aspect, such as economic benefits or environmental benefits. The purpose of this study is to establish a more systematic and complete evaluation system for green buildings’ comprehensive benefits. It can increase the consideration of the impact of social and cultural benefits, along with the first two benefits. Firstly, by also considering the triple bottom line principle and benefit principle, four primary indicators and twenty secondary indicators were selected to establish a comprehensive benefit evaluation system for green buildings. Secondly, an improved AHP–FCE method was adopted to determine the weights of each secondary indicator. Finally, the feasibility of the evaluation system was verified through a case study, and some suggestions for improving the comprehensive benefits of green buildings were put forward.

Industry 4.0 enabling sustainable supply chain development in the renewable energy sector: A multi-criteria intelligent approach

The aim of this paper is to provide a multi-criteria decision-making intelligent approach based on Industry 4.0 and Triple Bottom Line principles for sustainable supply chain development in the renewable energy sector. In particular, the solar photovoltaic energy supply chain is used as a case study, encompassing the entire energy production process, from supply to disposal. An exhaustive literature review is conducted to identify the main criteria affecting social, economic and environmental sustainability in the photovoltaic energy supply chain, and to explore the potential impact of Industry 4.0 on sustainability. Subsequently, three Fuzzy Inference Systems combining quantitative and qualitative data are built to calculate the supply chain's social, economic and environmental sustainability. Experts' opinions are used to identify the impact of Industry 4.0 technologies on the three pillars of sustainability for each supply chain stage. Finally, a novel sustainability index, Sustainability Index 4.0, is formulated to compute the overall sustainability of the photovoltaic energy supply chain in seven countries. The results show the applicability and usefulness of the proposed holistic model in helping policy makers, stakeholders and users to make informed decisions for the development of sustainable renewable energy supply chains, taking into account the impact of Industry 4.0 and digital technologies.

The Gade Clean And Gold: Increasing Financial Inclusion Of Gold Savings Products For Sustainable Green Economy

The gade clean and gold program applies the triple bottom line principle by prioritizing balance and harmony in the economic, environmental, and social aspects, namely “separating waste and saving gold”. Through the gade clean and gold program, PT. Pegadaian seeks to carry out sustainable community development activities to reduce poverty and social injustice, improve environmental conditions, and assist the government in waste management. The gade clean and gold corporate social responsibility (CSR) program seek to build public awareness to save the environment from pollution, especially waste, and the global save the earth program. The purpose of this study is to describe how CSR as a social program can increase the financial inclusion of gold savings and realize a sustainable green economy. This study uses the paradigm used is constructivism and a mixed-method approach. The results of this study indicate that gade clean and gold can realize a sustainable green economy. On the pillar of commitment to the environment, this activity has helped reduce visible environmental problems, namely the waste problem. The social pillar shows that this program can mobilize the community to increase their social capacity. On the economic pillar, this program can increase financial inclusion, especially in gold savings-investment products.

DEVELOPMENT OF PERFORMANCE EVALUATION INDICATORS FOR SOCIAL ENTERPRISES: THE USE OF DELPHI TECHNIQUE

Social enterprises have become a natural part of the economy. Their importance is significantly increasing, as well as the need to evaluate their performance. There are different points of view on the indicators and methods used to evaluate their performance and they often lack simplicity and are costly and time consuming. Thus, this study aims to identify and discuss performance evaluation indicators for social enterprises with particular focus on identifying a set of indicators that might be applied without placing high demands on each social enterprise. A two-phase approach was adopted and applied in the Czech social entrepreneurship environment. First, the Delphi technique was used to get a set of indicators for each of the areas of the triple bottom line principles. Consequently, an empirical examination of these indicators using a set of social enterprises was conducted. Final results were determined using Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS). As a result, a set of twelve indicators that cover social, economic, environmental and local areas are proposed. These indicators reflect the opinions of experts in the field as well as their practical usefulness, which is discussed at the end of the paper.

What makes bioplastics innovative for fashion retailers? An in-depth analysis according to the Triple Bottom Line Principle

As with food packaging, bioplastics can play a significant role in sustainability for textiles. This study carried out interviews with 64 experts from the clothing trade and manufacturing industry on the conditions required for an innovative plastics transition. Statements were clustered, coded and statistically analysed according to the Triple Bottom Line Principle. It was shown that the greatest success is achieved when bioplastics clothing is recyclable, the development is carried out cooperatively and the product is returned via reverse logistics. Bioplastics apparel packaging, on the other hand, should be compostable, developed in-house and returned to the natural cycle by consumers themselves. While statements on material recycling were ecologically oriented, the opinions on the development and recycling process were mostly influenced by business interests. Significant effects could only be proven for the latter two. Absolute majorities were found for bioplastics in apparel packaging and for open innovation, whereas the views on the end-of-life option and on the degree of innovation potential of reverse logistics were balanced. The findings provide impulses for the most innovative plastics transition possible in the fashion industry.

Disconnectivity Social of Conflict in the Circle of Iron Ore Mine in Bone Regency, South Sulawesi, Indonesia

Conflict is a common occurrence in mining activities that ignore the triple bottom line principle. Neglecting the impact of environmental damage and the welfare of the communities around the mine has resulted in social disconnection leading to conflict. This study aims to describe comprehensively the social disconnect in the iron ore mining project in Bontocani District so that mining conflicts do not occur. The research method used is a mixed-method with a sequential design starting with qualitative methods then followed by quantitative methods. The findings of this study indicate that the causes of social disconnect include: There are environmental impacts that damage the livelihoods of residents around the mine area, the company does not respect local wisdom, the role of government is not maximal as a mediator, The economic impact is in the form of loss of livelihoods in the agricultural sector which is exacerbated by road infrastructure. damaged and Social impact in the form of jealousy between residents. The practical implication of this research is the creation of a harmonious relationship between the government, companies and communities in mining management.

PERSPEKTIF AKUNTANSI MANAJEMEN LINGKUNGAN DAN PENGUNGKAPANNYA PADA NILAI PERUSAHAAN

Company development does not only focus on maximum profit but also social and environmental welfare. This is in accordance with the principle of triple botton line accounting which consists of profit, planet and people. If the triple bottom line principle is not implemented, the company's environmental management is not organized, the company's environmental performance will decline and the company's desire to protect the environment is low. With environmental management accounting (EMA), companies can identify, assign and allocate costs accurately to a product or process, so that management is able to perform efficiency. EMA facilitates management in managing companies related to environmental performance management because of the availability of information starting from the use of raw materials, energy used, and water and the results of business processes such as waste. The importance of environmental performance in increasing the value of a company motivates researchers to determine whether the company's environmental performance and environmental disclosure have an effect on firm value. By using the sample selection criteria with purposive sampling, namely manufacturing companies that participated in PROPER 2016-2018, 15 companies were obtained as samples in this study. By using the PLS warp, the results show that Environmental Management Accounting has a positive effect on firm size, Environmental Management Accounting has a positive effect on Environmental Disclosure and Environmental Disclosure has a positive effect on firm size.

Sustainable product development using balanced scorecard perspectives

The triple bottom line principle of sustainability is an important philosophy which leads to the reduction of environmental and economic impacts and risks. Its application in new product development helps to achieve an excellent brand image, thereby improving the competitive advantage in similar type of products. This paper proposes a tool that incorporates the sustainability dimensions along with the balanced scorecard perspectives for the new product development. The proposed tool, Sustainability Balanced Score card matrix is tested by applying it in a small scale industry. The successful usage of the tool in the development of a product, demonstrate its potential for the development of a customer satisfying, profitable and sustainable product.

A Chemical Element Sustainability Index

As product development becomes increasingly complex, the demand for the earth's mineral ores increases and with it, the challenge to achieve global “sustainability”. Chemical elements are the building blocks of natural resources which are sourced from across the planet to manufacture globally traded goods. While global technological, social and economic progress accelerates, evaluating the sustainability of these building blocks remains a challenge. Numerous methodologies to evaluate sustainability exist but most rely on high levels of data collection. In this paper, a methodology is presented within a multi-criteria decision analysis and composite indicator framework with the aim of rapidly and comprehensively estimating the sustainability of a chemical element . The framework is based on triple bottom line principles; the environment, economy and society, to measure the sustainability of 59 chemical elements. The output, the chemical element sustainability index (CESI), is a single value supported by the aggregation of the Human Development Index, Global Warming Potential, and National Economic Importance indicators, derived through a rigorous and systematic selection process. Recycling rate is employed within the framework as a control variable given its importance as a sustainability strategy. The results show that the greater the Human Development Index, National Economic Importance and Recycling Rate, and the lower the Global Warming Potential, the more sustainable the chemical element is, and vice-versa. The CESI was validated using three representative piezoelectric materials as a case study. The framework presented is useful for product designers, policy makers and educational bodies, to support decision making towards sustainable production and consumption.

Penerapan Prinsip-Prinsip Good Corporate Governance dan Corporate Social Responsibility di Hotel Grahadi Kuta

GCG and CSR in the tourism sector especially in the hotels industries do not show a significant development compared to other business sectors. Since hotels are using natural resources and involving the community to support their business, therefore it is necessary for hotel industries to implement GCG within their internal management as well as implementing their social responsibilities for the public. This study.aims to determine the implementation of GCG and CSR principles at Grahadi Hotel Kuta Bali. Data in this study were obtained through interviews with informants namely GM, HRD and accounting staff. Data generated in the form of manuscripts from in-depth interviews. The research method used is descriptive qualitative. Findings of this research showed that: 1) the implementation of the GCG principles of Grahadi Kuta Bali Hotel is in accordance with the 5 GCG principles. 2) The implementation of CSR Grahadi Kuta Hotel is in accordance with the Triple Bottom Line principle. 
 Keywords: Implementation; GCG Principles; CSR Principles; Grahadi Hotel.

An AHP-based multi-criteria model for sustainable supply chain development in the renewable energy sector

The aim of this paper is to provide a multi-criteria decision making framework based on the Triple Bottom Line principles and Analytic Hierarchy Process methodology for sustainable supply chain development in the renewable energy sector. The proposed framework encompasses the whole energy production supply chain, from raw materials’ suppliers to disposal. In particular, the photovoltaic energy sector has been used as case study and represents the focus of this work. The framework is based on the three Triple Bottom Line dimensions such as social, economic and environmental. Furthermore, literature review and expert opinions are used to identify and assess the sub-criteria for each dimension, followed by pair-wise comparison. Finally, the proposed framework is used to evaluate the seven European countries that conjointly represent the 86.8% of the total photovoltaic installed capacity in Europe, using both logical and quantitative information. Results are in agreement with the photovoltaic development in the period 2000-2017 in these countries. The proposed framework provides the decision makers with a powerful tool for making sustainable investment decisions in the photovoltaic energy sector.

Revisiting triple bottom line within the context of sustainable construction: A systematic review

Abstract The concepts of Triple Bottom Line (TBL) and sustainable construction were first introduced in the mid and late-90s respectively. However, there is limited research that addresses the integration of TBL principles within the social, environmental and economic dimensions of sustainable construction. This paper intends to (a) revisit and review the concept of TBL within the context of sustainable construction, thereby establishing the current research position, and (b) develop an integrated framework for TBL to help support improved sustainability practices within the sector. A systematic review of outputs published between 1980 and 2018 was carried out by examining three major research databases. Subsequent to filtering, eighty-six journal papers were selected for this review. Results show a growing research interest in, and awareness of, TBL. The challenges and drivers for both TBL and sustainable construction have been analysed and discussed based on current developments. The proposed framework integrates the principles of TBL, and enables new theoretical and practical solutions to help improve the integration of sustainability within the construction industry.