Triple Bottom Line

Triple Bottom Line reporting was established to facilitate the implementation of the Growth-Related Integrated Development Strategy (GRIDS).  Essentially, GRIDS is a long-range planning process that will identify a broad range of land use structures, associated infrastructure, economic development strategy, and the financial implications of growth options in Hamilton over the next 30 years.  Critical to the GRIDS process is the development of a tool that can assess the social, environmental, and economic impacts associated with each development option that may emerge. 

As municipal corporations struggle to provide a widening array of services in the social/health, environmental, and economic sectors, the necessity of jointly considering outcomes has become apparent. For communities committed to sustainable development, TBL reporting is a logical way to do integrated decision making.  Ultimately, TBL will be applied as a filtering mechanism to ensure that strategic development and budgeting directions will improve social, economic, and environmental performance. Over time future uses for TBL will be developed in an effort to make VISION 2020 a reality. 

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ICLEI is a membership association of local governments and national and regional local government associations that have made a unique commitment to sustainable development. More than 475 local governments, representing nearly 300 million people worldwide, make up ICLEI.