Senior Project Advisor
Francisco Laso
Document Type
Project - Campus-only Access
Publication Date
Fall 2025
Keywords
Petroleum Industry, Dominican Republic, Triple Bottom Line, Environmental Impact, Social Impact, Economic Impact, Social Remediations, Environmental Remediations
Abstract
The triple bottom line is a term that refers to viewing the impacts of a company or industry through the lens of the effects it has on the three p’s: people, profit and planet. This term views the impacts in a holistic, approachable, and measurable way by looking at the effects it has on the three main prominent factors surrounding a business or industry. When talking about a country, the focus should be on the effects the industry and its individual companies have on the environment around them. This means the economic impact of the operations on the country and how that contributes to continued economic growth of the country and their people. Also, the effects the operations have on the surrounding environment and the flora and fauna found in the country. And lastly, it seeks to find out how the operations impact the people and communities around them. This impact can be negative but can be fixed through remediation efforts, environmental laws and reforms, and lastly job creation and support for local communities. The petroleum industry has substantial negative environmental and social impacts, but in response they have developed safeguards and parameters to regulate these impacts. These include zoning and environmental laws, cultural, academic and medical support for local communities, job creation, and a vast positive economic impact on the country.
Department
Environmental Studies
Recommended Citation
De La Cruz, Maité, "How The Petroleum Industry Affects the Triple Bottom Line of The Dominican Republic" (2025). WWU Honors College Senior Projects. 1045.
https://cedar.wwu.edu/wwu_honors/1045
Type
Text
Rights
Copying of this document in whole or in part is allowable only for scholarly purposes. It is understood, however, that any copying or publication of this document for commercial purposes, or for financial gain, shall not be allowed without the author’s written permission.
Language
English
Format
application/pdf