2007 Triple Bottom Line Awards
We are now accepting nominations for the Triple Bottom Line Awards - nominate a business today! Nominations must be submitted by Friday, November 9th.
The Triple Bottom Line Awards recognize locally owned businesses that are financially successful while demonstrating praiseworthy social and environmental practices. The goal of this initiative is to hold up best practices within the Sustainable Business Network community and to spread the concept of measuring business success by the triple bottom line. This year, awards will be given in two categories: retail and service.
Past Winners:
- Mugshots CoffeeHouse and Cafe
- Yikes Internet Specialists
- Yards Brewing Company
- Cosmic Catering
- Premier Cleaning Services
The Triple Bottom Line Awards Ceremony will be held at this year's Social Venture Institute at The Wharton School of the University of Pennsylvania on November 16th.
What is the Triple Bottom Line?
The Triple Bottom Line is a framework designed to measure a company's performance in three areas: social impact, environmental impact and profitability. At SBN, we call this, "People, Planet and Profit." Candidates for the triple bottom line award should demonstrate exemplary social and environmental practices, as well as a healthy profit.
How to Submit a Nomination
Download a nomination form. SBN member businesses with strong social and environmental practices are strongly urged to nominate themselves! Nominations must be submitted by Friday, November 9th.
Nominations should include examples of a business's social and environmental impact:
- Social impact includes both internal and external practices and may include: paying a living wage and offering employee benefits; sharing profits with employees; hiring disadvantaged people (ex-offenders, former welfare recipients, disabled, youth interns, etc.); doing business with minority and women-owned companies; gifts to charitable organizations; educating customers and staff about issues of social justice; volunteer work in the community; and having a mission statement that reflects social responsibility.
- Environmental impact measures a company's impact on the planet and may include: products that are made out of renewable/organic/non-genetically modified materials; avoiding the use of throw-away products; recycling; using recycled products; using renewable energy and implementing practices to
conserve energy; education customers and staff about protecting the environment; using environmentally friendly cleaning products; and having a written policy on environmental responsibility.
Who is Eligible to Win?
This competition is open to independent, locally owned businesses within the greater Philadelphia region and is restricted to current members of the Sustainable Business Network of Philadelphia, Buy Local Philly participants and past attendees of the Philadelphia Social Venture Institute. Businesses can either nominate themselves or be nominated by another person. Nominations must be submitted by Friday, November 9th.
Questions? Contact Leanne at 215-922-7400 ext. 1#.