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Business Sustainability: Chasing the Triple Bottomline

News   •   Sep 26, 2017 13:56 SGT

Photo: Milken Institute

Kimberly-Clark Asia Pacific President Achal Agarwal recently participated in a panel at the Milken Institute Asia Summit held in Singapore.

The Milken Institute is a nonprofit economic think tank which aims to improve lives and economic conditions globally by shedding light on collaborative solutions and financial innovations based on data-driven research.

The event featured high-profile speakers including Nobel Peace Prize laureate and former United States vice-president Al Gore. 

Speaking in a panel on business sustainability and 'the triple bottomline', or environmental, social, and financial performance, Achal highlighted the importance of a ‘Fourth Bottomline’, after People, Planet and Profit: Purpose.

Kimberly-Clark is guided by its purpose is to make essentials for a better future, and its commitment goes beyond products to making investments in becoming sustainable.  An example of Its sustainability initiatives is its new windpower projects that will provide renewable energy equivalent to about one-third of the electricity needs of Kimberly-Clark’s North American manufacturing operations and also enable the company to surpass its global greenhouse gas (GHG) reduction goal four years earlier than anticipated.

He also suggested a Fifth P, partnerships with stakeholders from consumers to NGOs, for impact.

For more information on Kimberly-Clark's Sustainability 2022 strategy, visit https://www.sustainability2022.com/.