Question

How would you conduct a Shared Value analysis of oil/gas and waste management companies? How is this different from a CSR analysis?

Answer 1

A shared value analysis is the analysis of the surrounding or the social issues that can help to incerase the revenue or reduce cost. It is conducted so that social issue can be taken care but can also subsequently help in increasing the revenue or reducing the costs. Whereas a CSR analysis is done to given return to the surroundng from where revenus has been generated. There should not be a direct connection between company's operations and CSR activities. So, shared value analysis should be done to identify the social issue so that earings potentials can be improved and CSR is done primarly to help care of social issues that does not have a direct link between company activities and CSR activities.