Evaluation of Sustainability of Singareni Collieries Company Limited using Triple Bottom Line Approach

Abstract

The sustainability of the Company in terms of its contribution to People (the stakeholders of the company), Planet (concerned with the environment) and Profit (the financial growth) can be evaluated by applying the Triple Bottom Line Approach. The Triple Bottom Line Approach one of the earlier models that highlights the social responsibility of the companies. The research paper deals with evaluating the sustainability of Singareni Collieries Company Limited (SCCL), the oldest coal mining company in India and its progress in meeting the three Bottom lines such as People, Profit and Planet to achieve the overall sustainability.  The study is based on the Approach developed by Elkington (1994).  The study is based on the annual reports of SCCL and evaluates the relationship between select dimensions and more specifically concentrates on the production, production per man shift, net profit, Corporate Social Responsibility activities adopted by the company.