Briefly explain the three central components in measuring the sustainability and societal impact of a company.

1. Environmental impact: This component focuses on assessing the company's impact on the environment, including its carbon footprint, water usage, waste generation, and overall resource consumption. Companies are increasingly being evaluated on their efforts to reduce their environmental impact through sustainable practices and initiatives.

2. Social impact: This component looks at how the company interacts with and contributes to society, including its treatment of employees, community engagement, diversity and inclusion practices, and philanthropic efforts. Companies are expected to prioritize social responsibility and ethical business practices to positively impact the communities in which they operate.

3. Economic impact: This component evaluates the company's financial performance and its contribution to the economy, including its profitability, job creation, economic growth, and overall financial stability. Companies are expected to operate in a financially sustainable manner while also creating value for shareholders, employees, and other stakeholders.