What distinguishes CSR from CSV in today’s strategic landscape? While CSR focuses on fulfilling social responsibilities, CSV aims to generate both social and economic value through core business activities. This framework clarifies the difference and invites a deeper look into value creation.
| Entity | Description |
|---|---|
| CSR (Corporate Social Responsibility) | Business practices aimed at contributing to societal well-being, often separate from core operations. |
| CSV (Creating Shared Value) | Strategic initiatives that simultaneously generate economic and social value through business itself. |
| Social Value | Positive impact on society, such as improved health, education, or environmental outcomes. |
| Economic Value | Financial benefits and profitability derived from business activities. |
CSV challenges us to rethink business not as a trade-off between profit and purpose, but as a platform for mutual value creation.
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