Stay up to date with all the latest from Shared Value Project by signing up to our eNewsletter







Categories and criteria

Categories 

Corporate organisation leading through shared value

This award recognises corporate organisations where shared value has been, or is being, adopted and embedded as part of the organisation’s broader business strategy. The organisation is purpose-led and shared value has clear support and endorsement from senior leadership. There is an appreciation of the importance of engagement across all levels within the organisation. Shared value projects and initiatives are being explored or developed and they demonstrate the potential for shared value to become business as usual within the organisation.

Eligibility: Open to corporate for-profit businesses with more than 200 employees.

Small or medium organisation leading through shared value

This award recognises small and medium organisations where shared value has been or is being adopted and embedded as part of the organisation’s broader business strategy. The organisation is purpose-led and shared value has clear support and endorsement from senior leadership. There is an appreciation of the importance of engagement across all levels within the organisation. Shared value projects and initiatives are being explored or developed and they demonstrate the potential for shared value to become business as usual within the organisation.

Eligibility: Open to small and medium for-profit businesses with less than 200 employees.

Shared value project by an organisation or through cross-sector partnership

This award celebrates an outstanding shared value project or initiative created by an organisation or through a cross-sector partnership. The shared value project will be delivering, or have the potential to deliver, clear economic outcomes and address real social issues. The winning project will demonstrate a best practice approach to shared value partnerships with a strong focus on measurement and a defined program designed to deliver the intended outcomes.

Eligibility: Open to for-profit organisations delivering a shared value project or initiative OR not-for-profit, for-profit, government, NGOs engaging in a cross-sector partnership.

Shared Value Champion

The Shared Value Champion award recognises an individual within the business, government, not-for-profit or education sectors making a significant contribution to the development of shared value in the region. The individual may be contributing through sector leadership, knowledge development and exchange or the active promotion of the Shared Value Project and shared value more generally. The Shared Value Champion will be a driver for change and a key influencer who has used their influence to raise awareness and engagement with shared value in the region.

Shared Value Trailblazer

The Shared Value Trailblazer award recognises an individual within the business, government, not-for-profit or education sectors who is leading transformation within their organisation through shared value. The individual will also be actively involved in developing the shared value community in the region and promoting shared value within their professional networks. The Shared Value Trailblazer may also be contributing to the development of shared value knowledge through publication of research and case studies, contribution to roundtable discussions and involvement in peer-to-peer knowledge exchange.

Criteria

Award applications will be assessed by an independent Selection Committee.

Want to stay informed about the process? Subscribe to our email updates.

Corporate Organisation Leading Through Shared Value

Organisations have demonstrated the following:

Development of a shared value culture

  • The organisation is purpose-led and has clear intention of using shared value principals.
  • The organisation’s leadership is committed to the development of a shared value approach or the development of shared value solutions.
  • The organisation is creating a culture designed to regularly create, nurture and develop game-breaking or pattern-breaking ideas as a function of business.
  • The organisation has demonstrated inventiveness and originality through the application of a ‘big idea’ and/or business model.
  • The organisation has dramatically improved upon an existing process or has solved a common customer problem.
  • Systems are put in place to spur continuous shared value innovation across the company. 

Contribution to the shared value community and knowledge sharing

  • There is a strong culture of shared value within the organisation and well-thought-out efforts to upskill employees and other stakeholders across the organisation.
  • The organisation has a clear commitment to sharing knowledge gained through their shared value practices.
  • The organisation contributes to broader discussions across the shared value community.

Opportunity for scalability

  • There is a clear opportunity to take the solution(s) being led by the organisation to scale.
  • The organisation has demonstrated the potential to address a significant social issue on a national or global scale.

Strong measurement

  • There is a clearly defined and realistic measurement approach included as part of the shared value activity within the organisation.
  • The measurement of shared value activity is integrated and relative to core business reporting.
  • The organisation is measuring both business and economic, and societal impact.
  • The organisation has set realistic performance targets.
  • The organisation has implemented the appropriate processes to collate the data required for measurement.

Clear economic benefits while addressing significant social issues

  • There is a clear economic impact that is being derived or will be derived from the organisation’s overall shared value strategy and activities.
  • The shared value activity addresses a significant social issue relevant to the organisation’s core business, which is clearly defined and articulated.
  • The shared value project or initiative has the potential to offer the company a competitive advantage.
  • They have demonstrated the commercial success of their shared value activities including any risks mitigated.
  • They have demonstrated a high probability of imminent commercial success which is clearly linked to creating social value.
Small or Medium Organisation Leading Through Shared Value

Organisations have demonstrated the following:

Development of a shared value culture

  • The organisation is purpose-led and has clear intention of using shared value principals.
  • The organisation’s leadership is committed to the development of a shared value approach or the development of shared value solutions.
  • The organisation is creating a culture designed to regularly create, nurture and develop game-breaking or pattern-breaking ideas as a function of business.
  • The organisation has demonstrated inventiveness and originality through the application of a ‘big idea’ and/or business model.
  • The organisation has dramatically improved upon an existing process or has solved a common customer problem.
  • Systems are put in place to spur continuous shared value innovation across the company. 

Contribution to the shared value community and knowledge sharing

  • There is a strong culture of shared value within the organisation and well-thought-out efforts to upskill employees and other stakeholders across the organisation.
  • The organisation has a clear commitment to sharing knowledge gained through their shared value practices.
  • The organisation contributes to broader discussions across the shared value community.

Opportunity for scalability

  • There is a clear opportunity to take the solution(s) being led by the organisation to scale.
  • The organisation has demonstrated the potential to address a significant social issue on a national or global scale.

Strong measurement

  • There is a clearly defined and realistic measurement approach included as part of the shared value activity within the organisation.
  • The measurement of shared value activity is integrated and relative to core business reporting.
  • The organisation is measuring both business and economic, and societal impact.
  • The organisation has set realistic performance targets.
  • The organisation has implemented the appropriate processes to collate the data required for measurement.

Clear economic benefits while addressing significant social issues

  • There is a clear economic impact that is being derived or will be derived from the organisation’s overall shared value strategy and activities.
  • The shared value activity addresses a significant social issue relevant to the organisation’s core business, which is clearly defined and articulated.
  • The shared value project or initiative has the potential to offer the company a competitive advantage.
  • They have demonstrated the commercial success of their shared value activities including any risks mitigated
  • They have demonstrated a high probability of imminent commercial success which is clearly linked to creating social value
Shared Value Project By An Organisation Or Through Cross Sector Partnership

Projects have demonstrated the following:

Clear economic benefits while addressing a significant social issue

  • There is a clear economic impact that is being derived or will be derived from the project or initiative.
  • For corporate organisations the potential would involve increased profit for the business while civil society organisations would gain service improvements or funding efficiencies.
  • The project or initiative addresses a relevant and significant social issue, which is clearly defined and articulated.
  • The project or initiative has the potential to offer the company a competitive advantage.
  • The organisation has demonstrated the commercial success of the shared value project or demonstrated a high probability of its imminent commercial success.

Strong measurement

  • There is a clearly defined and realistic measurement approach included as part of the shared value project/initiative.
  • The project is measuring both business and economic, and societal impact.
  • The project has set realistic performance targets.
  • The project has implemented the appropriate processes to collate the data required for measurement.

Opportunity for scalability

  • The project/initiative demonstrates the potential to address a significant social issue on a national or global scale.
  • There is a clear opportunity to take the solution(s) to scale.
Shared Value Champion

The Shared Value Champion will have:

  • An advanced understanding of shared value principles in theory and practice.
  • Made an impactful contribution to the shared value conversation.
  • Demonstrated leadership in the shared value space and within their own organisation.
  • Contributed to the shared value knowledge base through involvement in roundtable discussions, contributions of thought leadership pieces, involvement in research.
  • Advocated for shared value within their sector and professional networks.
Shared Value Trailblazer

The Shared Value Trailblazer will:

  • Have an advanced understanding of shared value principles in theory and practice
  • Contribute to the development of shared value knowledge within their organisation
  • Actively promote shared value to their professional networks
  • Lead transformation within their organisation through shared value