Question: (a) Explain your understanding of 'triple bottom line' reporting. Include in your discussion an example of a relevant non-financial performance indicator for each of Pepsi's

(a) Explain your understanding of 'triple bottom line' reporting. Include in your discussion an example of a relevant non-financial performance indicator for each of Pepsi's three areas of influence.
(b) Your friend believes that an entity's value is exclusively determined by its earnings and in analysing an entity the emphasis should be on profit measures. Reply to your friend explaining why entities would volunteer to provide their policies and practices in relation to environmental and social matters in addition to financial matters.

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