Triple Bottom Line

BUSINESS WITH OUR HEAD AND OUR HEART

Triple Bottom Line is good business.

The Triple Bottom Line is an accounting model that was developed by the researcher John Elkington in the 1990s. It shows the correlation between finances (Profit), the environment (Planet) and social value creation (People). The idea behind the concept is that what a business does must result in benefits for the business, consumers, and the environment. By promoting social and environmental results in the same way as financial results, to the business will achieve long-term success.

Like Elkington, we believe that businesses today focus too much on short-term financial gain and that this approach will not be viable in the long term. Strategic plans should not be based exclusively on profit but should include: the environment (Planet) and social value creation (People) too.

We are value creators

It's good business to think about the triple bottom line. That’s what we believe at Amesto. We prefer to call it Corporate Social Value since we see the value in the job we do and what we bring, both to our company and to the community in which we operate.

Our values ​​create pride and meaning around the work we do and the company we build. Our social projects are closely linked to the core business. Being value creators with our head and heart is deeply rooted through our owners, managers and more than 1000 employees. It's part of our DNA.

People, the Planet and Profit

Profitability and sustainability should not be viewed as two separate variables but rather as two sides of the same coin, says Arild Spandow, CEO at Amesto Group.
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Member of UN Global Compact

Amesto has been a member of the UN Global Compact since 2012. We are committed to prepare and submitt an annual report on progress, also called "Communication on Progress - CoP".
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UN Sustainability Goals

Amesto uses the United Nations’ Sustainable Development Goals (STGs) as a framework for the projects we work on. We are a diverse business, with multiple companies and priorities. We work strategically through our companies to achieve the following goals.
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Innovation

Technology and digitisation are no longer optional for businesses if they wish to remain relevant and profitable. The question is not if, but how.
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Diversity

Diversity enriches work life and contributes directly to profitability and value creation, says Ariane Spandow, Head of Corporate Social Value at Amesto.
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