Creating Shared Value – An Approach to Business
The concept of CSV was first developed by Harvard University’s Professor Michael Porter and Mark Kramer. It states that for a company to be successful in the long-term and create value for its shareholders, it must also create value for society. While our history of working together with society stems back to our roots, in 2006, Nestlé became the first organization to adopt this approach.
Creating Shared Value Forum – 5th November, 2012
It is the first time that Nestlé has organised this Forum in an emerging country. The company chose India because of the presence of a wide variety of South Asian stakeholders and its long-term presence in the region.
With this Forum, Nestlé aims to introduce the CSV concept to the South Asian civil society and business communities as a relevant model for business engagement with society.
The forum will conclude with the announcement of the winner of the Nestlé Creating Shared Value Prize for 2012 and a call for nominations for the 2014 Prize.
Key topics to be discussed in the forum
- Creating Shared Value : Beyond Philanthropy, Corporate Social Responsibility and Sustainability
- The double burden of malnutrition
- Water, Energy, Food security
- Rural Development
- What next for business and society
I will be there and I sure do hope to see some real value being generated on the 4th & 5th November.
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