ABSTRACT
The triple bottom line is an accounting framework developed by John Elkington that has largely been integrated in the management of sustainable business. It reflects the idea of introducing environmental and social benefits besides economic in the equation of profit. This idea expanded the concept of value beyond the economic domain. However, the triple bottom line is still confronted with measurement challenges in translating environmental and social expected value to actual impact. Moreover, organizations are mostly focused on measuring quantitative output-based indicators. This chapter explores the concept of managing abundance from a qualitative point of view, a key characteristic of the Gaia organization. It does so by means of providing an analytical framework grounded in the Buddhist and Taoist approach to abundance. This framework is applied at both individual and organizational levels, highlighting major implications. The application of the framework is based on the principle of lifefulness/liveability. Sustainability focuses on maintaining the status quo, while lifeability fits the bio-logical purpose of living organisms for creating and nurturing life.
