What Is the 'Triple Bottom Line

question 4

Multiple Choice

What is the 'triple bottom line'?

• A) The gross profit, net profit, and profit after tax of a business.
• B) The economic, social, and ethical performance of a business
• C) The economic, social, and environmental performance of a business.
• D) The triple bottom-line is the economic, ethical, and environmental performance of a business

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Definitions:

Progressive Tax

A tax system in which the tax rate increases as the taxable amount increases, meaning higher income earners pay a higher rate of tax.

Environmental Emissions

Pollutants released into the air, water, or soil as a result of industrial processes, transportation, or other activities.

Cap-And-Trade

An environmental policy tool that sets a limit on emissions and allows companies to buy and sell allowances for a certain amount of pollution, incentivizing reductions.

Tradeable Emission Allowances

A system where companies can buy or sell allowances that permit them to emit a certain amount of greenhouse gases.