Creating Shared Value (CSV)

Creating Shared Value (CSV) is a business approach that aims to generate economic profit while also addressing social and environmental challenges. Instead of treating social issues as separate from business goals, CSV integrates these concerns into a company's strategy to benefit both society and the company's long-term success. For example, a company might develop products that improve community health or adopt sustainable practices that reduce costs and environmental impact. By aligning business growth with societal well-being, CSV creates value for both shareholders and communities, fostering a more sustainable and mutually beneficial relationship.