With these values at our heart, Ethical Property has grown from two people with a vision to a family of three companies, operating in three countries.
As part of our commitment to strong management and good governance, we also created The Ethical Property Company Quintessentials – five core principles that apply to all companies within the Ethical Property family.
The first of these is our commitment to the ‘Triple Bottom Line’. First described in The Economist in 1994 by John Elkington, a sustainability consultant, this encapsulates the idea that a business’s success should be assessed not only in terms of its financial profitability but also its impact on society and the environment (people, planet, profit). Since then a range of forward-thinking businesses have adopted the approach, from large companies seeking to address issues of sustainability and equality in their corporate strategy, to social enterprises seeking to deliver positive impact through trading goods and services.
In addition to using this threefold approach for measuring our performance, we increasingly use the Triple Bottom Line in our day-to-day decision-making, whether reviewing an existing centre’s environmental performance or weighing up the viability of a new project venture. Many of the indicators we use are set out in more detail in our Quintessentials and more information about our commitment to the Triple Bottom Line can be found in our Annual Reports.
