ELI5: Explain Like I'm 5

Triple bottom line

Triple bottom line means that a business aims to do three things at the same time - make money, help people, and protect the environment.

Making money is important because businesses need it to keep running and to make new things that people want.

Helping people means treating workers, customers, and communities well. This includes paying fair wages, offering good benefits and treating everyone with respect.

Protecting the environment means using resources wisely and not polluting the air or water. This helps keep the planet healthy for future generations.

So, the triple bottom line means that businesses want to make profits, help people, and protect the environment, all at the same time. It's like trying to balance three things at once!