Triple Bottom Line
What does Triple Bottom Line mean?
Triple Bottom Line (TBL) is a decision-making approach that considers impacts and opportunities across environmental, social, and economic dimensions. At the City of Saskatoon, the TBL approach also includes good governance as an additional foundation for sound decision-making.
Purpose of the Triple Bottom Line Framework
Using a Triple Bottom Line approach improves how the City of Saskatoon:
- Identifies and incorporates additional community benefits.
- Reduces and navigates undesirable trade-offs.
- Mitigates any unintended negative impacts of projects.
Benefits of the Triple Bottom Line Framework
- Supporting projects in advancing multiple objectives.
- Providing a common language for sustainability in our work.
- Exploring and articulating the true costs of doing business.
- Supporting multi-disciplinary and interdepartmental collaboration.
- Maintaining flexibility to tailor solutions to different business needs.
Applying the Triple Bottom Line Approach
To support the use of a TBL approach at the City of Saskatoon, new projects, programs, and initiatives complete TBL reviews using TBL Project Improvement Tool. The tool and the review process support project teams in reviewing and applying a sustainability lens to their work.
Please contact Sustainability@saskatoon.ca if your organization is interested in using the City of Saskatoon TBL Project Improvement Tool.
The Triple Bottom Line Policy (C08-001)
The TBL Policy establishes that sustainability is a responsibility of the entire organization, and that each department has a role to play. The purpose is to maximize benefits for the community through integrated decision-making.
Integrating TBL considerations into decision making is a key action identified in the City of Saskatoon 2022-2025 Strategic Plan.