Shared Value awards recognise businesses implementing Shared Value in innovative, impactful ways. Recognition by independent global organisations is a mark of a successful strategic shift and can boost a business’s reputation in the eyes of the business community, shareholders, stakeholders and consumers. It can also be used to facilitate future partnerships and projects. There are several international Shared Value awards open to African entries.
SHARED VALUE AWARDS
SHARED VALUE AWARDS
With the continued growth of the Shared Value community in the Asia Pacific region, and the pace of change in the movement globally, it is important to celebrate the accomplishments of organisations adopting Shared Value. The Shared Value Project’s Awards, which have been running since 2016, provide a platform to promote Shared Value in action.
GLOBAL SHARED VALUE AWARD
The Global Shared Value Award promotes sustainable, scalable solutions that improve the quality of life and build prosperity for companies, individuals, communities, regions, and the world. The Award is one part of an ongoing initiative to develop measurable criteria, evaluation reports, and an international committee of thought leaders and advisors committed to increasing shared prosperity in conjunction with positive environmental, social and governance impacts.
THE LOERIES: SHARED VALUE AWARD
As Africa and the Middle East’s premier award that recognises, rewards, inspires and fosters creative excellence in the advertising and brand communication industry, winning a Loerie is the highest accolade for creativity and innovation across our region. The Loeries defines Shared Value as a programme that shows a tangible company benefit and de livers real social benefit. The company benefit must be for a commercial entity and can be in an y form – for example, revenue, brand awareness, brand loyalty , customer retention, new customer acquisition, etc. The social benefit can also come in many forms; for example: lif estyle improvement, access to services, community upliftment, education, standard of living, environmental impact, etc.
PORTER PRIZE FOR CREATING SHARED VALUE
The Porter Prize is named after Prof Michael E. Porter, an economist and co-creator of the Shared Value business concept. The
company will be evaluated on the social problem being addressed, the geographical reach and societal activities, investments in
community development and the linkage between the social problem and company’s competitive position and strategy.
FORTUNE CHANGE THE WORLD
Fortune’s annual “Change the World” list identifies 50 companies that have made an important s ocial or environmental impact through their profit-making strategy and operations. Assisted by FSG and the Shared Value Initiative, Fortune’s writers and editors evaluate and rank the companies by these three factors: measurable social impact, business results, and degree of innovation.