This chapter analyses the effect of both environmental and social practices on each dimension of the Triple Bottom Line (TBL) (economic, environmental and social performance). A survey among 120 Spanish manufacturers was used to gather data on sustainable practices and their performance implications. PLS-SEM was implemented to test the hypothesised relationships between sustainable practices and performance. Results show that environmental practices have a positive and direct effect on the social and environmental dimensions of the TBL, whereas their effect on the economic dimension is meditated by both the social and environmental performance. Regarding social practices, they have a positive, direct effect on both economic and social performance but not on environmental performance. These findings entail three key managerial implications: First, social and environmental practices pay-off in terms of impact on the TBL. Second, to improve environmental performance, environmental practices are the most appropriate ones, whereas both types of practices (environmental and social) can contribute to improving social performance. Third, environmental practices only have a positive effect on the economic dimension of the TBL when there is an improvement in environmental and/or social performance.
|Títol de la publicació
|Measuring and controlling sustainability: Spanning theory and practice
|Estat de la publicació
|Publicada - 1 d’ag. 2018