The Shared Value Initiative is a global community of leaders who find business opportunities in addressing societal challenges. We are committed to expanding the awareness and practice of shared value, a management approach which embodies this worldview.
In our mission to support companies that improve society with core business strategy and innovation, we serve as a research partner on Fortune Magazine's annual Change the World List.
ABOUT THE LIST
The Fortune Change the World List highlights leading companies that are innovating to solve the world’s biggest challenges through core profit-making strategy and operations. Building on the concept of shared value, the list recognizes companies not for their philanthropy, corporate social responsibility (CSR), or other “business-as-usual” approaches, but for innovative activities that create material business value while contributing to societal impact.
Companies with $1Bn+ in revenue were evaluated on 3 essential criteria:
- Measurable contribution to societal impact
- Scale of business results
- Degree of innovation relative to the industry
WHO'S ON THE 2016 LIST?
You can see the full list of companies that made the top 50 over at Fortune.com. For the companies who truly exemplify shared value, we invite you to learn more about our corporate partners who made this year’s list—including the #1 spot:
On the Cusp:
The Lesson Behind Fortune's "Change the World" List by Michael Porter and Mark Kramer
Why Milton Friedman Was Wrong by Alan Murray
Saving Business from Itself by Justin Bakule
7 World-Changing Companies to Watch by Matthew Heimer, Erika Fry, and Jonathan Chew
How GlaxoSmithKline Changes the World by Sy Mukherjee
What Gets Companies to Want to Change the World? by Deirdre White
FSG and the Shared Value Initiative are proud to have worked with companies in many different ways over our 16-year history. Our client experiences and funder relationships have allowed us to build our expertise in shared value. In our research on Fortune's "Change the World" List, we necessarily participated in vetting activities of companies we know well. Following is a list of companies on the "Change the World" List that we have worked with in the past or are working with currently, as clients, funders, or partners: GSK, GE, Nestlé, Coca-Cola, Intel, Walmart, Skandia, NAB, BD, McDonald's and Godrej Group.