Question

DHL Company using triple bottom line approach please talk about them and discusee how they use this apparoach?

Answer 1

The Triple Bottom Line (TBL) is the approach that commits to social and environmental aspects as they do for the profits. The business of DHL’s business Corporate Social Responsibilities focuses on strategies like:

1. Economic Viability strategy: The business designs and plans the budgets and costs based on various factors that make sustainability well made and competent. The economic viability of the DHL alongside the lowering of the operational wastes like greenhouse gas emission is targeted every year to be sustainable in both economic and environmental fronts. For example, the business targeted to gain 1 extra point by the end of the year on the CEX.

2. Environmental Management Strategies (GoGreen): The business has adopted the go green policy which focuses on lesser waste and recycling alongside the emission factors in its operations. Hence the environmental strategies of GoGreen is been adopted to make the viability stronger in the long term alongside profits.

3. Social Relations Strategies (GoTeach): This is the policy effort from the business end to make all people like the employees, stakeholders along with various social relation strategies to teach people about the aspect of pollution and climate change to make the Go Green goal wholesome. The business uses its various media and networks to make sure the awareness is made to teach and let people know about the concerns of the environment.