Commitment to Action

Establishment of the Shared Value Initiative

Commitment by

FSG Advisors

In 2012, FSG committed to establish the Shared Value Initiative (SVI), a multi-stakeholder organization that will serve as a global knowledge and learning hub for companies and other stakeholders on the shared value concept, with key corporate co-founders. The SVI will capitalize on the current momentum around shared value by driving adoption amongst companies and by improving implementation at companies that have already engaged in shared value strategies. The SVI will engage in four major activities - deepen and document knowledge, create toolkits for implementation, build communities of practice via physical and virtual engagement opportunities, and steward the concept of shared value. Within the first two years, the founding partners aim to establish the SVI by developing an interactive communications platform, developing shared value content and events, and conducting outreach to a wide-range of stakeholders by identifying and developing outreach plans for stakeholders critical to shared value adoption and implementation.

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Overview
Summary

Commitment

Establishment of the Shared Value Initiative

Launched

2012

Est. Duration

2 Years

Estimated Total Value

$4,456,176

Region

Northern America

Countries

Global

Commitment by

FSG Advisors

Partner(s) of the Commitment Maker(s)

BD, Eli Lilly And Company, Pearson Digital Learning, Pacific Rubiales Energy Corp., The Rockefeller Foundation, Newmont Mining Corp., SAP SE, Chevron Corporation, BCI-Banco Credito, Arauco, Verizon Communications Inc., Suncor Energy Inc., Nestlé, The Western Union Company, Shell Oil Company, Medtronic, Inc., Hess Corporation, Banmédica S.A., Intel Corporation, Deloitte LLP