Triple Bottom-Line (TBL) principle calls for integration of the environmental, social and economic responsibilities for maintaining a sustainable growth and development of a modern corporation in the present global business climate.

These days, major investment funds now dictate how investments ought to be channeled to purchase MNC shares by reviewing how responsibly that corporation has conducted its business. A company that practices TBL responsibly has better investment response and naturally performs better in the stock market and with its stakeholders. The global changes are sharp and also essential as big citizens’ lobby group are emphasizing on the greening of corporate America and the rest of the world. The strategic level managers and boards of different organizations are sensing the pinch; they have understood that sustainability will be an issue unless the transformative business practices are implemented. Most medium to large corporations in the Industrial West, Japan and in Australasia region have linked CSR issues in planning, designing and implementing new products and services while adhering to TBL issues.

These dimensions are relatively new perspective in Bangladesh. At IITM, we plan to work with multiple stakeholders in bringing global initiatives of responsible citizenry into the framework of Bangladeshi organizations. These issues have market driven appeal and can be given practical shape for implementation, assisting to put Bangladeshi organizations in a firm global footing.

Factors that affect the status of CSR in an organization and the outcomes of exercise of CSR in financial and non-financial terms are concepts that may be given practical applications or used as a check point for the GOB to benchmark the progress or deviation of CSR initiatives in Bangladesh. At IITM, we are setting a road map of CSR and governance policy issues that organizations may need to follow as global compliance standards.