“It is the responsibility of society to preserve and utilize the common property of the society in a proper way. Society should utilize this properly to ensure that all may enjoy equal usufructuary rights so that all can live together with a healthy body and a healthy mind.” – PR Sarkar – ‘The Responsibility of…
Progressive Law
Rethinking Green Economics: Beyond the Triple Bottom Line (TBL)
by Roar Bjonnes (2015) The popular sustainability phrase, “People, Planet, Profit”, was coined by John Elkington in 1995, and in 1997, it was adopted as the title of the Anglo-Dutch oil company Shell’s first sustainability report. As a result, the 3Ps of sustainability have become a well-known icon of green economics in the Netherlands, as…
The River that became a Person – Giving Rights to Nature
by Michael Towsey and Dieter Dambiec On 5 August 2014 a deed of settlement[1] (Deed) was signed between… the Crown in right of New Zealand and the Whanganui Iwi (Tribe) under which the Whanganui River in the north island of New Zealand is declared a legal person with rights and interests[2]. The name of the…
Impact of global warming on validity of triple bottom line reporting
by Dieter Dambiec (2008) The triple bottom line (TBL) process involves identifying, assessing and reporting an organisation’s activities in terms of their impact on the environment, society, and the economy (Elkington 1980). TBL covers ‘planet, people and profit’ (de Gruchy 2006). In TBL it is important to use environmental, social and economic parameters when it…