Fortune’s Change the World list recognizes companies that have had a positive social impact through activities that are part of their core business strategy. SVP members have been recognised on the list in previous years including Bendigo and Adelaide Bank, IAG and NAB.
Fortune writers and editors, with help from SVP’s regional partner, Shared Value Initiative, evaluate the companies by these four factors:
- Measurable social impact: We consider the reach, nature, and durability of the company’s impact on one or more specific societal problems. This category receives extra weight.
- Business results: We consider the benefit the socially impactful work brings to the company. Profitability and contribution to shareholder value outweigh benefits to the company’s’ reputation.
- Degree of innovation: We consider how innovative the company’s effort is relative to that of others in its industry and whether other companies have followed its example.
- Corporate Integration: We consider how integral the initiative is to a company’s overall strategy, and how well that strategy is communicated through the ranks and elsewhere.
Please describe the nominated initiative in those terms using the form below. The deadline for submissions is Monday, July 1, 2019. Only nominations received through the online survey will be accepted but you may download a Word version of the application for drafting purposes.