Dow Chemical Company’s Focus on the Triple Bottom Line
Number of pages:
21
ABSTRACT:
A 21 page paper discussing Dow Chemical’s approach to responsible behavior. The common view of behaving responsibly is that such behavior is admirable but is not cost effective. Dow Chemical officially takes the opposite view. As a matter of corporate policy, Dow Chemical conducts its business within the framework provided by the Triple Bottom Line (TBL) business model that addresses not on the financial bottom line, but also those areas of corporate social responsibility and long-term sustainability. In cost issues, Dow’s perspective that avoidance of the unnecessary costs of cleanup or damage control in the long run is more costly than is avoiding these problems completely. The paper uses Dow’s response to the phase-out of 1,1,1 trichloroethane with creating responsible new business opportunities designed to identify and create alternatives. The paper also discusses regression analysis and cost-benefit analysis theory. Bibliography lists 12 sources.
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File: CC6_KSmgmtDowTBL.rtf
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