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Media Release: 2020 Shared Value Awards Reveal Companies, Corporate Leaders Behind Region’s Leading Socio-Economic Solutions

October 28, 2020

MEDIA RELEASE

2020 Shared Value Awards Reveal Companies, Corporate Leaders Behind Region’s Leading Socio-Economic Solutions

Asia Pacific Awards receive record entries as organisations turn to solving social issues profitably – shared value – to tackle the crises of 2020

28 October 2020: In a world determined to change us, the 2020 Shared Value Awards have recognised those behind the socio-economic solutions changing the world.

Now in its fifth year, the Awards acknowledge Asia Pacific organisations using shared value to deliver on their purpose, along with individuals who are influencing better outcomes for business and society. Shared value is a profitable business strategy, designed to solve social and environmental issues by leveraging the resources, skills and assets of the corporate sector. 

Administered by Shared Value Project Australia and New Zealand (SVP), the Awards were delivered in a first-ever virtual announcement on Wednesday 28 October, with support from Shared Value Project Hong Kong (SVPHK). The social issues addressed by the Awards shortlist this year include health and wellbeing, poverty reduction, sustainable employment, disaster and climate resilience, and financial and digital inclusion.

SVP CEO Helen Steel said: “Amidst an extraordinarily disruptive year for people and business, the companies and individuals recognised have shown courage and commitment in how they are pioneering positive change.

“Now, more than ever, corporations need inspiration and guiding examples, and I congratulate the shortlist and winners for their leadership at such a critical time. Through embracing shared value principles, you are turning the challenges of today into the opportunities of tomorrow.”

Chair of the Awards Selection Committee, Steve Spurr said: “In testament to the growth of shared value across the region, the quality and quantity of award submissions and nominations continues to rise each year, and 2020 has been no different. Never before has the interdependency between business and society been so pronounced; where business can only thrive if the conditions in which it operates also thrive, and it is exciting to see companies harnessing this thinking when we need it most.”

The Education University of Hong Kong Director of Alumni Affairs and Development Office Patricia Lau, Awards Selection Committee member and SVPHK Advisor, said: “For business to survive and thrive in future, it must identify as being part of the communities in which it operates.

“The Awards response this year shows that Asia Pacific companies are increasingly seeing this as central to long-term business strategy; and recognising the potential in pushing beyond traditional CSR and philanthropy to create a bigger impact, systemic change and a sustainable future through shared value. COVID-19 has served to accelerate and crystalise this approach.”

Commenting further on the calibre of companies and individuals recognised this year, Ms Steel added: “I am encouraged that we can approach the 10th anniversary of shared value in 2021 with confidence in both the strength of these foundations laid, and the conviction of the Asia Pacific shared value community moving forward.”

The 2020 Shared Value Award winners (and shortlist) are as follows.

2020 Shared Value Awards – Winners and Shortlist

Shared Value Organisation of the Year

Winner: AIA Australia

Shortlisted:

  • AXA Asia
  • Mirvac
  • New World Development

Shared Value Champion

Winner: Adrian Cheng, CEO New World Development

Shared Value Trailblazer

Winner: Lee McDougall, Executive Manager of Shared Value Strategy & Projects, IAG

Investing in Shared Value Award

Winner: AllianceBernstein

Shortlsted:

  • DB Results
  • UEthical

Shared Value Project of the Year

Winner: CancerAid Coach Program – AIA Australia

Shortlisted:

  • Safer Lighting – Arup
  • Telehealth Across Asia – AXA Asia
  • Optus Future Makers – Optus
  • Shanghai Chemical Industry Park – SUEZ NWS

Shared Value Collaboration of the Year

Winner: PRISMA Partnership – Corteva Agriscience, Aus Govt, Indonesian Govt

Shortlisted:

  • Connected Future – Australian Red Cross, Credit Union Australia, Infoxchange
  • QBE Disaster Relief and Resilience Partnership – QBE, Australian Red Cross, Save the Children
  • Know Pain, Know Gain – AIA Australia, Pain Revolution, UniSA
  • Kwale Agribusiness Program – Business for Development, Cotton On Group, Base Titanium
  • PROSTMATE – DB Results, Australian Prostate Centre, Victorian State Govt

Shared Value Project of the Year to Watch

Winner: Shanghai Chemical Park – SUEZ NWS

Shared Value Collaboration of the Year to Watch

Winner: Connected Future – CUA, Red Cross, Infoxchange

See here for more information about the Awards.

Ends

For more information, or to co-ordinate media interviews, please contact:

Cerisse Denhardt
Media and Communications Lead, Shared Value Project
E: cdenhardt@sharedvalue.org.au
M: 0420206801

Notes to editors:

The 2020 Shared Value Awards Selection Committee comprised:

  • Steven Spurr, Executive Director, Spurcoe and NED Shared Value Project (Chair)
  • Philo Alto, Founder & CEO, Asia Value Advisors
  • Liza Maimone, Chief Operating Officer, PwC Australia
  • Ramana James, Executive General Manager, Safer Communities, IAG
  • Patricia Lau, Director, Alumni Affairs and Development Office, The Education University of Hong Kong
  • Sandra Martinez, CEO, Nestlé Oceania
  • Peter Yates AM, Chair, Shared Value Project

About the Shared Value Project (SVP)

Established in 2014, SVP is the peak body for advancing the adoption of shared value in Australia and New Zealand.

This is achieved through education and training, capacity-building events and the provision of evidence to demonstrate the link between social progress and positive corporate performance.

Shared value is a profitable business strategy designed to solve social issues. It does this by leveraging the resources and innovation of the private sector to create new solutions to some of society’s most pressing issues. In doing so, it creates a more prosperous environment in which to operate, making business more sustainable and resilient.

For more information about shared value or SVP, visit www.sharedvalue.org.au.

Please find more on more SVPHK at www.sharedvalueprojecthongkong.com.