Sunset Oil is a large oil drilling company off the Gulf Coast. They want to expand their drilling area and are receiving a great deal 37 of push back from the local community. It will now be on the ballot at the next election. Sunset Oil is concerned about how all of this will impact their bottom line. Which of the following should be a consideration for Sunset Oil?

a) task environment

b) social audit

c) triple bottom line

d) clawbacks

e) crowdfunding

c) triple bottom line.

Explanation:

The alternative that should be considered by Sunset Oil is the triple botton line, which is related to the social, environmental and financial results of an organization.

A conscious organization knows that the result of its actions has a very direct impact on the entire community and on the environment, which can positively or negatively influence its position with stakeholders and impact financially on the business

Therefore, the triple botton line integrates the three fundamental concepts for maintaining sustainability in a company.

The three pillars of the triple botton line are:

1 - People: It relates to the company's entire human capital, including its employees, suppliers, consumers and the community in its surroundings and society. Therefore, it is ideal for the company to develop actions that benefit society as a whole and develop an environment of ethical work relationships.

2 - Planet: It lists the conduct that the company will have to preserve natural and environmental resources in the short, medium or long term.

3 - Profit: It is the company's economic result due to the actions that protect the balance of the environment.