Aussie Appointed to Global ‘Shared Value’ Initiative
16 October 2013 at 9:22 am
A member of Australia’s social change community is set to fly the flag overseas following his appointment by peers to a worldwide Not for Profit best practice board.
Duncan Peppercorn, Executive Director at Social Ventures Australia Consulting practice has been appointed to the Shared Value Initiative – Affiliated Practitioner Services Network advisory board, which he will join formally this month.
The group is a global gathering of best practice organisations whose members provide advice to businesses interested in creating meaningful economic and social value.
Peppercorn, nominated for the position by colleagues and Not for Profit practitioners worldwide, said Shared Value was an emerging and increasingly relevant concept for Australian companies.
“At a time where there is high pressure on shareholder returns and business has not yet bounced back to robust trading levels, it’s critically important we remember there are many members of our community being left behind. By creating shared value, business can not only increase its financial returns, but also return something to the community that allows the organisation to operate,” he said.
Peppercorn has experience working with international strategic consultancies McKinsey & Company and Bain & Company and more than ten years working with corporate, Not for Profit and government clients.
He has worked with over 200 social sector organisations and now leads SVA Consulting which works with partners to invest in social change.
The Shared Value Initiative is supported by FSG, the Not for Profit strategy consulting firm co-founded by Mark Kramer and Professor Michael E. Porter, and a global network of funders.
Porter and Kramer were the originators of the Creating Shared Value (CSV) concept, a theory on generating new business value by addressing social issues.
The approach, increasingly popularised worldwide, has been adopted by many global companies including Nestle, Verizon, and Walmart.