Shared Value is a business management concept that reconnects profit with purpose and companies can profitably address societal and environmental challenges through the core business operations.
It represents a shift in business mindsets to find new ways to do business that are more efficient, more innovative, reach more markets, and make companies more sustainable over the long term – while also being less harmful to the environment, less onerous for employees, less neglectful of the value chain and less exclusionary.
Natural resources are finite, and if they are not collected and used thoughtfully, they will run out. It makes good business sense to address the societal challenges that also present business challenges – infrastructure, consistent power supply, and more.
Creating Shared Value is about creating economic value and value for society – Profit with Purpose.
