IPCRG is committed to lower cost, lower environmental impact and improved social impact: the triple bottom line in global primary care

Purpose This paper aims to purposely place community and its stakeholders at the forefront of an investigation of positive and negative social, economic and environmental impacts of the sharing economy in the specific context of Airbnb by drawing upon the triple bottom line (TBL) framework of sustainability. Design/methodology/approach A qualitative enquiry through a “scoping approach” with the search of relevant electronic databases identified a range of conceptual and empirical studies in the period from 2008 to 2018 informing a profile focussed on the triple bottom line impacts. Findings The criteria limited search yielded 23 focal articles, which investigated or discussed Airbnb impacts on local communities. Analysis of these articles informed a three-pillar tabulation of positive and negative impacts, which are presented against four key stakeholder groupings. Research limitations/implications The study is exploratory, and further research, especially confirmatory research, is recommended. Practical implications The study’s value extends to praxis. Guided by findings, real-time planning and policy-making are already underway within the authors’ community. Additionally, an extension project, as requested by the community, is now investigating direct traditional accommodation provider impacts. Social implications Understanding of the social issues concerning Airbnb and indeed, the wider sharing economy, is broadened through identified need for further social impact research. Originality/value To the best of authors’ knowledge, this is one of the first studies to apply a “scoping approach” to holistically illuminate the positive and negative impacts of Airbnb at the micro-level in each of the three domains of sustainability. The research methodology is shown to be effective, with positive community impact, and will easily adapt to other destinations grappling with policy decisions.

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Quantifying the social dimension of triple bottom line: development of a framework and indicators to assess the social impact of organisations

International Journal of Business Governance and Ethics ◽

10.1504/ijbge.2007.014314 ◽

2007 ◽

Vol 3 (3) ◽

pp. 223 ◽

Cited By ~ 9

Author(s):

Evonne Miller ◽

Laurie Buys ◽

Jennifer Summerville

Keyword(s):

Social Impact ◽

Triple Bottom Line ◽

Social Dimension ◽

Bottom Line ◽

The Social

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Triple Bottom Line Analysis and Optimum Sizing of Renewable Energy Using Improved Hybrid Optimization Employing the Genetic Algorithm: A Case Study from India

Energies ◽

10.3390/en12030349 ◽

2019 ◽

Vol 12 (3) ◽

pp. 349 ◽

Cited By ~ 7

Author(s):

Nithya Saiprasad ◽

Akhtar Kalam ◽

Aladin Zayegh

Keyword(s):

Genetic Algorithm ◽

Developing Countries ◽

Renewable Energy ◽

Environmental Impact ◽

Co2 Emissions ◽

Triple Bottom Line ◽

Hybrid Optimization ◽

Bottom Line ◽

Acquisition Costs ◽

Line Analysis

Techno-economic, social, and environmental factors influence a large part of society, predominantly in developing countries. Due to energy poverty and bloating populations, developing countries like India are striving to meet the energy balance. One initiative of India to achieve the country’s Renewable Energy Target (RET) is the setting up of the National Solar Mission (NSM) to meet a target of 175 GW (non-hydro) by the year 2022. Prioritizing Renewable Energy (RE) utilization to achieve techno-economic balance is India’s primary objective and creating a positive environmental impact is a bonus. In this study, various scenarios are explored by investigating the techno-economic and environmental impact on RE adoption for a small community in India by optimally sizing the Hybrid Renewable Energy System (HRES). This study is an exemplar in understanding and exploring RE utilization, whilst examining the recent RE market in depth and exploring the advantages and disadvantages of the current RE situation by initiating it in a smaller community. Improved Hybrid Optimization using Genetic Algorithm (iHOGA) PRO+ software, (Version 2.4 -Pro+ , Created by Dr Rodolfo Dufo López, University Zaragoza (Spain)) is used to size the RE systems. The results are categorized using triple bottom line analysis (TBL analysis) and for different scenarios, the techno-economic, environmental, and social merits are weighed upon. The probable hurdles that India has to surpass to achieve easy RE adoption are also discussed in this work. The influential merits for analyzing the TBL for a real-time scenario are Net Present Cost (NPC), Carbon-di-oxide (CO2) emissions, and job criteria. Compared to Hybrid Optimization of Multiple Energy Resources (HOMER) software, iHOGA remains less explored in the literature, specifically for the grid-connected systems. The current study provides a feasibility analysis of grid-connected RE systems for the desired location. iHOGA software simulated 15 sets of results for different values of loads considered and various acquisition costs of HRES. At least 70% of RE can be penetrated for the Aralvaimozhi community with the lowest value of NPC of the HRES. From the TBL analysis conducted, integrating HRES into a micro-grid for the community would result in mitigating CO2 emissions and provide job opportunities to the local community; although, the economic impact should be minimized if the acquisition costs of the HRES are reduced, as has been established through this study.

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Is Islamic Banking and Finance Doing Enough? Shaping the Sustainable and Socially Responsible Investment Community

Asian Social Science ◽

10.5539/ass.v13n3p170 ◽

2017 ◽

Vol 13 (3) ◽

pp. 170

Author(s):

Amiruddin Ahamat

Keyword(s):

Social Impact ◽

Critical Role ◽

Triple Bottom Line ◽

Institutional Support ◽

Islamic Finance ◽

Islamic Banking ◽

Bottom Line ◽

Responsible Investment ◽

Banking And Finance ◽

Small Medium Enterprises

Islamic finance assets advanced at double-digit rates during the past decade, from about US$200 billion in 2003 to an estimated US$1.8 trillion at the end of 2013 (Ernst & Young 2014; IFSB 2014; Wyman 2009). Hence, despite this growth, Islamic finance and its related products are still focused in the Gulf Cooperation Council (GCC) countries, and Malaysia, and represent less than 1 percent of global financial assets. While, Islamic banking and finance sector, should responsive to small medium enterprises mitigating liability of smallness and newness. The factors mitigating the inherent liabilities associated with new entrepreneurial startups were found to be institutional support. Institutional support was also found to be an important factor of success for new startups. The primary focus of this study is to examine the critical role of Islamic Banking and Finance, expanding and facilitating entrepreneurial opportunities. This study draws on triple bottom line concept (people, planet and profit), by developing standards equivalent to triple bottom line reporting for Islamic banking and financial institutions, and disseminating independent and objective research to relevant stakeholders. This includes examining the potential positive or negative social impact of Islamic Banking and Finance on the financially sustainable and responsible community.

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THE TRIPLE BOTTOM LINE AND IMPACT ASSESSMENT: HOW DO TBL, EIA, SIA, SEA AND EMS RELATE TO EACH OTHER?

Journal of Environmental Assessment Policy and Management ◽

10.1142/s1464333204001729 ◽

2004 ◽

Vol 06 (03) ◽

pp. 265-288 ◽

Cited By ~ 101

Author(s):

FRANK VANCLAY

Keyword(s):

Impact Assessment ◽

Social Impact ◽

Cost Benefit Analysis ◽

Triple Bottom Line ◽

Cost Benefit ◽

Social Impact Assessment ◽

Benefit Analysis ◽

Bottom Line ◽

Fiscal Impact ◽

The Social

Triple bottom line (TBL) reporting is a concept that is sweeping across the business sector, government and NGOs. However, many of the issues faced by consideration of the social in TBL are very similar to issues faced by social impact assessment (SIA) in its connections with biophysical environmental impact assessment (EIA) and the financial considerations associated with projects including economic and fiscal impact assessment, and cost-benefit analysis. It would appear that the advocates of TBL and the institutions that have adopted TBL are ignorant of SIA and other forms of impact assessment. The view presented here is that TBL is a fad that presents little that is new, and that TBL would learn a great deal by considering the experience of SIA.

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