Which elements are part of the 'triple bottom line'?

The concept of the 'triple bottom line' encompasses three essential elements: people, planet, and profit. This framework emphasizes that businesses should not only focus on financial performance but also consider their social and environmental impacts.

Choosing people and planet as part of the triple bottom line highlights the social responsibility of organizations towards society and the environment. It recognizes the importance of ethical practices, community engagement, and sustainability in business operations. By prioritizing both people and the planet, organizations aim to achieve a balance between their economic goals and their responsibilities to society and the environment, ultimately leading to a more sustainable business model.

The other options do not fully encapsulate the essence of the triple bottom line. For instance, profit and innovation focus primarily on financial performance and business growth rather than the broader social and environmental context. Similarly, planet and customers emphasize environmental aspects and market relationships but neglect the vital element of social impact represented by the 'people' factor. Lastly, shareholder value and community also miss the integral profit component, which is essential to the triple bottom line concept. Thus, emphasizing people and planet aligns perfectly with the holistic approach intended by the triple bottom line framework.