The Triple Purpose Pledge

 

Triple Purpose Pledge

We recommend that any business claiming to adhere to Triple Purpose Principles needs to create a written commitment to the Triple Purpose Strategy.  This ‘Pledge’ will need to be agreed by ALL the staff in addition to the Board and will be prominently displayed throughout the premises.
Each business will create its own Pledge. However, an example could be:
 “Company X” is a Triple Purpose Company committed to doing business in a fair and sustainable way where social and environmental considerations are an integral part of the business strategy, decision-making process and daily life. We, the undersigned and all our staff agree to the Triple Purchase Pledge.

Core Principles

  1. We pledge to uphold the principles of Triple Purpose and agree to communicate the culture throughout the company at all times.

  1. We confirm the Company Mission Statement, set out in the Company Constitution, clearly states its collective Triple Purpose responsibilities to its employees, shareholders, customers, other stakeholders and to the wider community.

  1. We confirm we have installed management systems to measure Triple Purpose objectives on a regular basis and ensure the results are communicated to all employees and relevant stakeholders.

People

  • the company will strive to ensure its staff are happy in their jobs.  They will be motivated, well-trained, safe, have equal opportunities, a fair work-life balance and are fairly paid.
  • all staff should behave responsibly and treat each other, the company and other stakeholders with respect, integrity and compassion at all times.
  • no member of staff will undertake, or be asked to undertake, any illegal or unethical behaviour. There is an easily accessible and confidential helpline available for complaint.
  • the company will listen and give respect to the ideas and opinions of all staff and other stakeholders.

Planet (Environment)

  • all staff will consider the ethical implications, as well as legal implications, in all decisions which have an impact on the environment.
  • the company and its staff will make a commitment to achieve environmental sustainability by the careful management of its consumption of energy, water, waste and toxic substances.
  • the company should integrate sustainability into the full life-cycle of product and service design through continuous innovation.
  • the company should introduce environmental management and measurement systems that provide the structures and processes that help embed environmental efficiency into the company’s culture.

Ethical Profit

  • A Triple Purpose Company will make decisions that ensure the sustainability of the business and make an ethical profit to shareholders via a socially responsible and environmentally sustainable business strategy.
  • A Triple Purpose Company will give due consideration towards investing in its staff, training, health and safety, the environment, R&D and the local community with long-term sustainability of the company as the strategic objective.

 

Signed by the Chief Executive and the Triple Purpose Director

corporate governance

The Triple Purpose Pledge

A Triple Purpose Company will need to pledge it is doing business in a fair and sustainable way where ethical profit and social and environmental considerations are an integral part of the business strategy, decision-making process and daily life.

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The Common Good

A Triple Purpose Company will ensure the well-being of employees and society becomes an essential consideration in the company’s strategy, decision-making process and daily life.

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Impact on the Environment

In order to ensure the long-term survival of society, a Triple Purpose Company will consider the ethical implications, as well as legal implications, of all decisions which have an impact on the environment.

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Sustainability

A Triple Purpose Company will make decisions that ensure sustainability of the business together with an ethical profit, via a socially responsible and environmentally sustainable business strategy.

Learn more about the concept of the pledge?

Should you wish to discuss the idea of asking people to sign a pledge please contact Jim Bignal.
Mobile: 00 44 (0) 7983 338085
jim.bignal@triplepurpose.org