ASSESSING TRIPLE BOTTOM LINE ASSESSMENT FRAMEWORK: A SYSTEMATIC APPROACH FOR THE MANUFACTURING INDUSTRIES
Abstract
In industrial development, sustainability evaluation is vital. A structured framework is required to develop sustainable policies within an organisation. A company's sustainability framework includes elements or performance measures to ensure appropriate development in policies, people, products, procedures, and overall performance. The study examined these frameworks and related factors in the manufacturing industry from 2007 to 2020. Any industry, including manufacturing, must use a sustainability evaluation framework and apply it. However, manufacturing industries lack methodological frameworks for assessing sustainability. The paper examined the problems and opportunities that sustainable frameworks present to the manufacturing business. This sustainable assessment framework focuses on the triple bottom line concept such as economic, social and environmental aspects of an industry. Employee engagement, continuous learning, supply chain management, and many other factors are essential elements of this framework. A secondary data analysis process has been followed for this research article to go through a wide range of data regarding this topic from different journal articles and websites. An exploratory study design has been included in this research for in-depth analysis of collected data. As per findings, the sustainable development framework has identified different internal and external drivers that are essential for the manufacturing industry.
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