The triple bottom line is best described as:

Answer

A lens for judging performance on people, planet and profit

Options - A. A lens for judging performance on people, planet and profit - B. The reporting standard that replaced GRI in 2023 - C. A required third section of the IFRS income statement, after net income - D. A synonym for the three ESG pillars used by auditors Why - A. Correct — TBL is a way of thinking about performance; no standard-setter issues TBL statements. - B. TBL is not a standard at all; the 2023 standards are IFRS S1 and S2 (lesson 6.3). - C. The income statement has one bottom line; TBL is a management and reporting concept, not a statement section. - D. ESG (environmental, social, governance) and TBL (people, planet, profit) overlap but are different framings; neither is an audit term.

OpenStax Accounting Vol 2 §13.1; IFRS S2 (GHG scopes)