Pioneering Sustainable Business Practices
In 1994, John Elkington, a British
management consultant, introduced the 'Triple Bottom Line' model, which
emphasized that companies should not solely focus on making profits but also
strive to improve people's lives and contribute to the well-being of the planet
for sustainable business growth. This model has played a significant role in
promoting Corporate Social Responsibility (CSR) globally. In Japan, a similar
concept known as 'Sanpo-yoshi' or 'Three-Way Satisfaction' exists. Coined by
Japanese Omi merchants in the 16th century, Sanpo-yoshi emphasizes that
businesses should aim to benefit all stakeholders, including the wider
community, rather than solely focusing on the interests of sellers and buyers.
It embodies a spirit of respect for nature. This concept has been passed down
through generations.