NDIS Criterion
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  |  Corporate Engagement, Good Business

Global Shared Value Prize on Offer


Wednesday, 28th January 2015 at 10:11 am
Lina Caneva, Editor
A global prize of over half a million dollars is on offer from corporate giant Nestlé for organisations addressing challenges in nutrition, water, or rural development using strategies reflecting the spirit of Creating Shared Value.

Wednesday, 28th January 2015
at 10:11 am
Lina Caneva, Editor


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Global Shared Value Prize on Offer
Wednesday, 28th January 2015 at 10:11 am

A global prize of over half a million dollars is on offer from corporate giant Nestlé for organisations addressing challenges in nutrition, water, or rural development using strategies reflecting the spirit of Creating Shared Value.  

Nominations for the 2016 Nestlé Creating Shared Value Prize are now being accepted, with up to 500,000 Swiss francs ($A700,160) to be awarded to assist innovative, commercially viable, high impact shared value initiatives to achieve social scale and financial sustainability.

The prize is awarded every second year with the aim of rewarding the best examples of Creating Shared Value (CSV) initiatives worldwide and to encourage other companies to adopt a shared value approach.

CSV is based on the belief that for a company to be successful in the long term and create value for its shareholders, it must also create value for society. CSV strategies aim to incorporate both societal and business value into business activities.

According to Nestlé, “In selecting the winner, the Creating Shared Value Council will be looking for an entry that is innovative, applies environmentally sustainable practices, has demonstrated results on a small scale and can be viably scaled-up to help improve people’s lives.”

The Prize is open to social and private enterprises as well as non-government organisations (NGOs).

In 2014, more than 757 applications from 93 countries were received.

The overall winner was Honey Care Africa (HCA) for its Sweeter South Sudan programme, which helps farmers generate additional income from honey production.

NGO MSABI was a runner-up for its True Life Water Point programme providing access to safe water and sanitation, along with franchise firm Sanergy, selected for its Sustainable Sanitation in Africa’s Informal Settlements programme which made affordable and hygienic sanitation accessible to people in low income urban areas.

Nestlé, a nutrition, health, and wellness company, was an early mover in the shared value space and hosts a global forum, the Creating Shared Value Global Forum, where the winner of the Shared Value Prize will be announced in 2016.  

The closing date for applications is 28 February 2015. Find out more here.


Lina Caneva  |  Editor |  @ProBonoNews

Lina Caneva has been a journalist for more than 35 years, and Editor of Pro Bono Australia News since it was founded in 2000.

FEATURED SUPPLIERS


...


NGO Recruitment is Australia’s not-for-profit sector recru...

NGO Recruitment

Brennan IT helps not-for-profit (NFP) organisations drive gr...

Brennan IT

Helping the helpers fund their mission…...

FrontStream Pty Ltd (FrontStream AsiaPacific)

More Suppliers

Get more stories like this

FREE SOCIAL
SECTOR NEWS

YOU MAY ALSO LIKE

Warning to CEOs – CSR May Get You Fired, Study Finds

Lina Caneva

Tuesday, 24th October 2017 at 10:07 am

LEGO Comes Top For CSR

Wendy Williams

Wednesday, 4th October 2017 at 8:57 am

Overcoming Last Mile Challenges in Shared Value Projects

Phil Preston

Wednesday, 6th September 2017 at 8:24 am

Matched Giving with Charity Gift Vouchers is the Perfect Match

Naomi Barson

Thursday, 17th August 2017 at 11:07 am

POPULAR

Disability Advocacy Group Fights to Restore State Funding

Luke Michael

Thursday, 9th November 2017 at 8:37 am

Red Cross Moves to Wage-Based Fundraising Model

Lina Caneva

Thursday, 16th November 2017 at 8:30 am

New Same-Sex Marriage Bill Looks to Protect Faith-Based Charities

Luke Michael

Monday, 13th November 2017 at 5:25 pm

Donors Looking for a Personalised Experience to Give More – Study

Lina Caneva

Wednesday, 8th November 2017 at 1:43 pm

Write a Reply or Comment

Your email address will not be published. Required fields are marked *


NDIS Criterion
pba inverse logo
Subscribe Twitter Facebook

The social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!