Building a Future That is More Sustainable for the Environment and Our Economy
Creating shared value is the practice of creating economic value in a way that also creates value for society by addressing its needs and challenges. Shared value is not corporate social responsibility or philanthropy—creating shared value is at the core of the business strategy. Companies should understand the global trends very well by constantly communicating with their stakeholders, determine the important issues for them, evaluate the risks and opportunities brought by global trends, offer new sustainability-based benefits to their target customer groups, suppliers and other stakeholders in their value chain and resource management activities.
