ABSTRACT
Human activity in organisations flourishes at its optimum when people are valued and the link between the two is optimised. The value added by the contribution of personnel, whether managers or staff and workers, is related to the productive energies they bring to their task. Triple bottom line (TBL) accounting has become increasingly fashionable in recent years in some diverse organisations as management, consulting, investing and non-governmental organisations. In the industrial revolution, wealth creation came to the fore as a mode of life and way of organising society. 'Value' was primarily about quantifiable output. Shared Value is about using the business to meet social needs and strengthen the communities within which business operates. The Global Reporting Initiative (GRI), the largest and most widely used ESG reporting entity, has encompassed both the 'value' and 'values' perspectives, reflecting its status as a multi-stakeholder association of advocacy groups, non-profits, investors and others.
