Creating Shared Value (CSV) is the business model that will accelerate the achievement of the SDGs. It's a game-changing shift from Corporate Social Responsibility and the traditional mindset that business can either do good or make a profit, to a model that can improve the world.

Creating shared value goes beyond philanthropy or corporate social responsibility. Creating shared value is addressing societal needs and challenges with a business model. Creating shared value will drive the next wave of innovation and productivity in the global economy.

Creating shared value (CSV) is a business concept first introduced in a 2006 Harvard Business Review article, Strategy & Society: The Link between Competitive Advantage and Corporate Social Responsibility. [1]

Feb 18, 2011 · Aren’t CSR and CSV the same thing—doing well by doing good? We believe that CSR is a different — if overlapping — concept from creating shared value. Corporate social responsibility is widely perceived as a cost center, not a profit center.

Oct 1, 2024 · Creating Shared Value is the business model that allows corporations to become more successful by improving the welfare of their employees, customers, suppliers, community, and society. It is a business model meant to accelerate the achievement of the Sustainable Development Goals (SDGs).

Creating Shared Value (CSV) is a strategic framework businesses use to generate economic value in a way that creates value for society. The concept, put forth by Michael E. Porter and Mark R. Kramer in 2011, revolves around the idea that the competitiveness of a company and the health of the communities around it are mutually dependent.

Mar 10, 2022 · Corporate Social Responsibility (CSR) and Creating Shared Value (CSV) are both concepts created to help businesses have a positive impact on communities and the environment. CSR generally refers to specific actions that a company takes to create a positive social or environmental impact.

Jun 16, 2014 · The fundamental distinction is that CSR is about doing something separate from the business and CSV is about integrating social and environmental impact into the business, using that integration to drive economic value.

CSV differs with CSR in the following ways. First, CSV focuses on improving the value of products and services offered by a business. However, CSR focuses on ensuring that a business uses responsible approaches in its production processes.

Dec 2, 2024 · Creating Shared Value (CSV) is a concept first articulated by Michael Porter and Mark Kramer in their Harvard Business Review article in 2006 and which was properly defined in 2011. It is a business strategy in which the company focuses on generating wealth and surmounting some societal issues.