Nestlé, in order to ensure a successful, sustainable business, has embraced the concept of Creating Shared Value (CSV). Through a number of efforts such as the CSV Forum, the creation of the CSV advisory board, and various programs with its stakeholders, Nestle is showing its strong commitment to this ideal.
Its next effort lies in the Nestlé Prize in Creating Shared Value. Through this, the company seeks to find an innovative and commercially viable initiative that improves areas that are core to its business practices. This year, Nestlé has targeted the areas of:
- water
- nutrition
- rural development.
The winner, selected by the CSV advisory board, will receive financial support (approx. £300,000) to achieve social scale and financial sustainability.
Find out more here The call for entries is open until 31st March 2013.
Check out the story behind Nestlé and Creating Share Values (CSV) in this video seminar with Claus Conzelmann, Head of Safety, Health & Environmental Sustainability: