Published on Aug 28, 2015
Lecture 24: Process Analysis with LCA and TEA (PDF with notes)
This lecture is on process analysis with life cycle and techno-economic assessment. The triple bottom line incorporates the notion of sustainability into business decisions. It is an accounting framework with three dimensions: social, environmental and financial. The dimensions are also commonly called the three Ps: people, planet and profit, and are referred to as the "three pillars of sustainability." Interest in triple bottom line accounting has been growing in both for-profit, nonprofit and government sectors. Many organizations have adopted this framework to evaluate their performance in a broader context.