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How to Interpret the Triple Bottom Line in the Case of Tesla, Inc.?

In: Reimagining Capitalism in a Post-Globalization World

Author

Listed:
  • Marian Pompiliu Cristescu

    (Lucian Blaga University of Sibiu)

  • Dumitru Alexandru Mara

    (Lucian Blaga University of Sibiu)

  • Raluca Andreea Nerișanu

    (Lucian Blaga University of Sibiu)

  • Lia-Cornelia Culda

    (Lucian Blaga University of Sibiu)

  • Antonia Pătrașcu

    (Petroleum–Gas University of Ploiești)

Abstract

This article proposes and examines the notion of triple bottom line (TBL) for a firm that is well mediated in terms of sustainability, green energy, and an environmentally and socially responsible organization. We studied the notion of TBL by presenting the structure and composition of the triple bottom line (TBL) as well as the requirement of integrating such an analysis in medium- and large-sized businesses. In order to demonstrate some impact on the TBL, we investigated one of the most mediated and high-value companies in the world, Tesla, which introduced the electric car as an asset that should be possessed by an average-income individual. When analyzing the results of the TBL, we intend to compare a chart of the three types of responsibilities—financial, social, and environmental—in order to draw conclusions regarding the necessity of recording the social and environmental bottom lines, as well as the necessity of integrating social responsibility into the upper management and environmental responsibility as a fundamental principle among employees.

Suggested Citation

  • Marian Pompiliu Cristescu & Dumitru Alexandru Mara & Raluca Andreea Nerișanu & Lia-Cornelia Culda & Antonia Pătrașcu, 2024. "How to Interpret the Triple Bottom Line in the Case of Tesla, Inc.?," Springer Proceedings in Business and Economics, in: Silvia L. Fotea & Sebastian A. Văduva & Ioan Ş. Fotea (ed.), Reimagining Capitalism in a Post-Globalization World, chapter 0, pages 159-177, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-59858-6_12
    DOI: 10.1007/978-3-031-59858-6_12
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