International Journal of Multidisciplinary Research and Publications ISSN (Online): 2581-6187 45 I Gst. B Ngr. P. Putra and Ni Made Vita Indriyani, “Literature Review on Triple Bottom Line Accounting, Business Sustainability and Environmental Reporting,” International Journal of Multidisciplinary Research and Publications (IJMRAP), Volume 4, Issue 10, pp. 45-49, 2022. Literature Review on Triple Bottom Line Accounting, Business Sustainability and Environmental Reporting I Gst. B Ngr. P. Putra 1 , Ni Made Vita Indriyani 2 1,2 Faculty of Economics and Business, Warmadewa University, Denpasar, Bali, Indonesia Email address: Ngurahpanji.putra(at)gmail.com Abstract— This study presents a literature review related to the implementation of the concept of triple bottom line accounting, business sustainability, corporate performance and environmental reporting published in one of the reputable international journals, in this case, Emerald Insight (www.emerald.com), between 2015 and 2020. Most of them papers published in journals, Asian Journal of Accounting Research, Journal of Global Responsibility, Corporate Governance, Advances in Environmental Accounting & Management, and The International Journal of Business in Society. For each article, the objectives and results obtained, the methodology adopted, the data sources, the industry sector, and the countries involved are identified. The theory used is stakeholder theory. The aim of this study is to contribute to research in social and environmental accounting. Keywords— Triple bottom line accounting, business sustainability, corporate performance and environmental reporting. I. INTRODUCTION The component that becomes the benchmark for the performance of a business is the nominal profit earned. It is undeniable that one of the main objectives of business activity is profit maximization. However, over time there has been an expansion of the paradigm. Profit is no longer the sole purpose of running a business. This is certainly very reasonable, considering the amount of profit is often a component that is manipulated for short-term business goals. Furthermore, it is often found that business activities only focus on achieving optimal profit, while on the other hand the company's operational activities are destructive to nature and the environment. This gradually triggers rejection from the community, which leads to the threat of the company's business sustainability (Utama, et al. 2018). Therefore, to create a sustainable business activity, there needs to be a synergy between financial and non-financial aspects. The financial aspect in this case is measured by profit (profit), and the non-financial aspect is the natural environment (planet) and society (people). This concept is known as Triple Bottom Line Accounting (TBLA). Topics related to the natural environment, company performance, and business sustainability are increasingly widespread and interesting to be discussed by the academic community, professional associations, even to the realm of practitioners, namely companies. This is based on increasing awareness of the direct and indirect impacts of the implementation of the Triple Bottom Line Accounting concept on company performance and business sustainability. Furthermore, it is important to detect practices and strategies that will enable the company to meet current needs, without negatively impacting the future. This can be done by implementing sustainable business practices, while taking into account social, economic and environmental aspects, known as the Triple Bottom Line Accounting approach. Wilson (2015) in his research states that a business strategy that pays attention to environmental aspects can produce positive financial and social benefits. The development of interest in the above topics has resulted in an increase in academic publications. This is evidenced by the emergence of research that discusses the concept of Triple Bottom Line Accounting and its relation to business sustainability, especially in developing countries. Previously, studies conducted on this topic used only a few accounting journals as sources. However, nowadays there are more and more similar researches from leading journals. Among them are research conducted by Kumar (2017), Venkatraman and Nayak (2015), Nursimloo, et al. (2020), Famiyeh (2016), Wachira and Wang'ombe (2019), and Padin, et al. (2016). This research aims to examine and identify each of these articles related to the methodology adopted, data sources, industrial sector, countries involved in the research, objectives and results obtained, practices and motivations related to environmental reporting and organizational development and company performance. The structure of this research begins with the introduction of the Triple Bottom Line Accounting concept, a grand theory that covers the topics discussed, and is followed by the adopted research methodology. The next section presents the results, and their discussion. The last part of the writer presents the conclusions of the research conducted. II. GRAND THEORY Triple Bottom Line Accounting Concept The term Triple Bottom Line appears in the book Cannibals with Forks, which was pioneered by Elkington, where the term 3Ps began to appear, namely profit, planet and people (Elkington, 1998). The concept of Triple Bottom Line Accounting can be interpreted as an alignment or balance between financial and non-financial performance. The framework provided for measuring organizational success and the performance of a business venture is divided into three components, namely economic, social, and environmental (Goel, 2010). It is important for every company to consider