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Economic, social, and environmental impact metrics used to determine an organization's success.
applies the 3Ps principle of sustainability [people, planet, profits], arguing that the environmental and social costs and benefits generated by an organization should be considered as well
By measuring such "hidden" costs, a more accurate and complete account is given of an organization's total value. The terms "full cost accounting" and "true cost accounting" have been used to describe this approach.
can be viewed as the performance measurement of an organization pursuing a strategy of CSR or sustainability [the terms are sometimes used interchangeably]; its goal, then, is to achieve a positive ROI [return on investment] in each of the three areas.
expands how an org interacts with stakeholders
Stakeholders are all those affected by the organization's social, environmental, and economic impact
can include communities, general public, vendors, environmental activists, municipalities, etc
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