Shared Value Initiative through its various initiatives engages shared value practitioners, stakeholders & society. Three main initiatives of SVII include
Professor Michael E. Porter and Professor Mark R. Kramer urge leaders to recognize that “shared value is not social responsibility, philanthropy, or even sustainability, but a new way to achieve economic success“. As a step forward in this direction, Shared Value Initiative India recognizes the organisations that are using shared value activities in their business models and bringing a positive change in society . Such organizations are awarded Porter Prize on Creating Shared Value.
‘Shared Value Enterprise’ is an initiative to identify, assess and recognize the organizations that are creating a measurable socio-economic impact with their business. Shared Value Enterprise is an endorsement for companies to recognize their positive contribution to the society. A shared value enterprise would be looked upon as change maker that many companies will look up to.
The Shared Value Index is a composite index assessing the overall performance of companies that are proactively engaging and designing strategy relevant to social activities. The focus is on companies working on innovative models to create value at scale in the territories of operation and are addressing the social issues with not so mainstream CSR approach.
Shared Value Initiative India would be coming out with a report on Shared Value. The report will introduce the concept of shared value, different models shared value and enablers of shared value. The report will be launched at the Shared Value Summit to be held on 20 November 2015.