The Triple Bottom Line is the groundbreaking book that charts the rise of sustainability within the business world and shows how and why financial success increasingly goes hand in hand with social and environmental achievement. Andrew Savitz chronicles both the real problems that companies face and the innovative solutions that can come from sustainability. His is a hard-line approach to bottom-line fundamentals that is re-making companies around the globe.
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Andrew W. Savitz knows about sustainability from working as one of the lead?partners in the Sustainability Business Services practice at PricewaterhouseCoopers, where he helped firms both large and small increase their profitability and responsiveness to environmental and social issues. Before that, he was a senior environmental enforcement official for the Commonwealth of Massachusetts. Savitz now runs Sustainable Business Strategies, an independent advisory firm based in Boston. Karl Weber is an author specializing in business, social, and political topics. He coauthored the business best-seller The Power of We with Jonathan Tisch, CEO of Loews Hotels, as well as How to Grow When Markets Don't with acclaimed management consultant Adrian Slywotzky.
Praise for The Triple Bottom Line
"Whether you are a corporate manager, investor, consumer, or public official, this book will change your view of how corporations can succeed for themselves and for society. Savitz combines vision and practical advice in an elegant presentation."
George Stephanopoulos, chief Washington correspondent, ABC News anchor, This Week with George Stephanopoulos
"Informative, persuasive, and practical, containing valuable advice for anyone seeking a more responsible and profitable approach to business."
Steve Reinemund, chairman and chief executive officer, PepsiCo
"The main challenge of sustainability is how to take it from concept to action. Andy Savitz communicates in plain language what sustainability is and how everyone in the organization can help achieve it."
Charles O. Holliday, Jr., chairman and chief executive officer, DuPont
"An engaging mix of powerful ideas and practical advice. Values matter and Savitz shows how profitability and responsibility can and must go hand in hand."
Michael Morris, chairman, president, and chief executive officer, American Electric Power
"At long last a plain English, action-oriented guide to business sustainability illustrated with practical examples from world-class companies."
Richard Cavanagh, president, The Conference Board, Inc.
"Andy Savitz gets it. He also happens to be witty, sensible, and a good writer as well as a good business strategist sort of a modern Ben Franklin. That makes this book a joy to read as well as indispensable for businesspeople who wish to succeed in this new age."
Walter Isaacson, president and chief executive officer and former chairman, Aspen Institute; author, Benjamin Franklin: An American Life
"A bold and readable foray into this complex subject. Readers will come away enlightened."
Kert Davies, research director, Greenpeace US
Your company's sweet spot is where its financial interests coincide with social and environmental interests.
It is called sustainability, and Fortune 100 companies like DuPont, PepsiCo, and Toyota are beginning to see it as the most transformative business concept in years. Responding to growing pressure from regulators, environmentalists, and socially concerned shareholders, these and other firms are charting solutions that will reap environmental and social rewards along with financial ones. Companies that defy the principles of sustainability find themselves suffering significant setbacks to their business objectives.
The Triple Bottom Line is the groundbreaking book that charts the rise of sustainability within the business world and shows how and why financial success increasingly goes hand in hand with social and environmental achievement. Andrew Savitz chronicles both the real problems that companies face and the innovative solutions that can come from sustainability. His is a hard-line approach to bottom-line fundamentals that is re-making companies around the globe.
Savitz identifies and explains this new management concept in plain language and with good humor, showing leaders in organizations of all sizes and industries exactly how they can benefit. He provides memorable stories and simple rules of the road to help you find your company's sweet spot. In the end, he shows that sustainability is a fundamental approach to management that lets businesses protect and grow the resources they need to succeed.
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