Triple Bottom Line
The Triple Bottom Line compiles financial, natural and social performance data. Though the terminology has been around for decades, the UN ICLEI has created its standard for local government reporting under this name, so now it is a proper name.
While all choices that directly affect financial capital, natural capital and social capital, TBL is affected also by what Efficient Civics Guild calls the four ins: the individual, instructional, infrastructural styles of capital, plus integrity. In addition, the insolence of trolls may play a role in ensuring that integrity is constantly questioned, examined, and improved.
The ISO 14064 standard for greenhouse gas and ISO 19011 standard for audits of both natural capital (ISO 14000) and organization protocols (under ISO 9000) are usually considered to be essential to TBL accounting. The ECG also recommends that throughput accounting be considered in any TBL accounting framework. These decisions will probably be made before the ICLEI World Congress 2009, after which TBL will be reported similarly to the UN Quality of Life Index.