Triple depreciation line. Drawing on Rambaud and Richard (2015), explain the triple bottom line and its limitations. Discuss the ‘triple depreciation line’ model that the authors offer and explain the redefinition of ‘capital’ it would entail.

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Triple depreciation line is a significant and increasingly used socio-environmental accounting framework. From this perspective, organizations are known to measure as well as report their performance in the social, economic, and environmental spheres. Moreover, the companies have begun adopting the strategy as well as the individual investors. The strategy gives the companies the possibility of making people believe that they are in search of a particular objective while pursuing another one respectively…

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