Is environmental impact a key element of Inclusive Business solutions?
Inclusive Business (IB) brings many solutions to fulfil basic needs of society. IB practitioners focus on triple bottom line to design solutions. The People, Profit and Planet. The social impact and business profitability come in a very short time. Since the environmental impact comes after long time, many professionals cannot figure out the effect. If we look into energy saving lamps, the triple bottom line was addressed in the designing stage but the disposal of the damaged lamp is remaining same like normal electric lamp. It is understandable that the life of the energy saving lamp is higher than normal electric bulb and thus intensity of disposed were reduced. A reduction in the number disposed is expected and people expect more than that from IB solution. The IB practitioner should think more of it and bring short term and long term solutions so that it will able to bring the triple impact in real sense.