Chances are, you may have heard of the term “the triple bottom line.” It implies that companies should prepare three different bottom line statements. The first is for the traditional measure of profits. The second is the bottom line of a company’s “people” account – a measure of how socially responsible an organisation is with its employees, customers, vendors, and community.
And then, beyond these considerations, there’s also the need to factor in the unexpected. Case in point is the world’s current struggle with the global Covid-19 epidemic sweeping across the planet, putting even the best-laid plans to a complete standstill while forcing us to take stock of how we are impacting the environment.
Hence, sustainable design should very well be that third major factor for companies practicing the triple bottom line approach. That’s because design that is sustainable in the broadest sense is also socially responsible, environmentally friendly, values fairness and equality, recognises the consequences of actions and the interconnection of everything, and, wherever possible, proactively engages social issues.
Sustainable design also optimises the needs of people and planet with the desire for constant innovation and pleasing aesthetics. And yes, it can also be very profitable! Indeed, businesses that invest in sustainable design are reaping greater revenue, higher profits, and recruiting more employees.
THE GERMAN RECIPE FOR GUILT-FREE MOTORING
Bu hikaye The PEAK Malaysia dergisinin May 2020 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The PEAK Malaysia dergisinin May 2020 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Designing In Continuity
The Importance of Embracing Sustainable Design in an Increasingly Challenging World
Beyond Bali
Get to know Indonesia’s “new Balis” - five destinations set to bring in tourists and bolster the industry for the country in the next few years.
A World Apart
Discover unparalleled coastal tranquillity at Anantara Desaru Coast Resort & Villas, where luxury and indulgence go hand in hand.
The Beat Of Their Own Dram
This luxury independent bottler just released an impressively high-scoring whisky from a distillery many have never heard of. Here’s why it should be the first of many to add to your collection.
Best Laid Plans
One of Malaysia’s legendary architects sheds light on being the latest recipient of the prestigious PAM Gold Medal.
DESIGNING A LEGACY
Eduardo Cosentino of Cosentino Group talks taking over the family business, embracing a global market as well as leaving behind a legacy for the next generation.
WHAT'S IN STORE
HOW DANG TAI LUK PUT MYNEWS IN THE NEWS.
SO FAR, SO GOOD
The city of Auckland has all the bustling excitement of a cosmopolitan hub with none of the overcrowded frenzy, and the SO Auckland sits at the very heart of it all.
UNITED IN BATTLE AGAINST COVID-19
It is not business as usual for luxury brands this year as their stores are forced to close due to strict government lockdowns and their supply chains disrupted. However, that does not mean the luxury industry has been rendered idle by the Covid-19 pandemic. Far from it, luxury brands are stepping up to offer assistance to combat the spread of the disease. It is a rare display of solidarity of fierce rivals coming together to face the current global health crisis.
Good Thinking
Our selection for the best in design marry form and function in outstanding conception and detail. Some have already gained accolades at the Red Dot Design Awards 2019, while others are quite simply stunning in creation.