Review article

TRIPLE BOTTOM LINE REPORTING AS A BASIS FOR SUSTAINABLE TOURISM: OPPORTUNITIES AND CHALLENGES

Larry Dwyer ; School of Marketing, Australian School of Business University of New South Wales, Sydney, Australia

Abstract

The most comprehensive approach to integrating economic, environmental, and social thinking into core business activities is the Triple Bottom Line (TBL) approach. The paper discusses the nature of TBL implementation and reporting with special attention to tourism firms. It presents two main types of justifi cation for tourism firms’ adoption of TBL, and discusses the potential benefi ts to destinations and constituent fi rms from TBL reporting. Several challenges to TBL
implementation and reporting by tourism fi rms are discussed. The paper concludes that TBL reporting should be a vital part of an overall strategy aimed at encouraging tourism businesses, government bodies, and other organizations to assume responsibility for sustainable development.

Keywords

Triple bottom line; sustainability indicators; corporate responsibility; tourism impacts; performance reporting

Hrčak ID:

141803

URI

https://hrcak.srce.hr/141803

Publication date:

1.6.2015.

Article data in other languages: croatian

Visits: 4.165 *