Creating Shared Value is the evolution of capitalism at its best with a practical approach to creating economic and social values by recognizing the needs and challenges of the society as the driving strength for the growth.There are three ways to implement the concept of creating shared
value in practice; reconceiving products and markets, redefining productivity in the value chain, and enabling local cluster growth. The idea of Creating Shared value extends beyond the range of traditional corporate social responsibility (CSR) or any other philanthropy approach because it is at the core of the business strategy.
THE TRANSFORMATION
FROM CSR TO
CSV IN MBL
PARTICIPATING TO ACHIEVE
THE UN SDG GOALS
Sustainable Development Goals (SDGs) are a universal set of goals for the whole world adopted by the United Nations General Assembly in September 2015. It is comprised of 17 goals and 169 targets for realizing the "sustainable world".
Those goals have been defined to address the social challenges and achieve no poverty, zero hunger, good health and well-being, quality education, gender equality, etc. CSV has become a common practice in the corporate world in their CSR and CSV strategies to achieve the SDG goals.
MOST IMPORTANT ISSUES FOR MBL
Our materiality analysis is a method to identify and prioritize the issues important to our family members and their stakeholders. MBL has identified the four most important issues known as “The Four Pillars” that can affect MBL, and all stakeholders as follows :
FOUR PILLARS OF
CSV INITIATIVES
We are committed to contributing to society in terms of both economic and social values by the above mentioned “Four Pillars”. By doing so, MBL will lead and promote the beverage industry in Myanmar to elevate the culture of enjoying alcoholic beverages and will enhance the competitiveness of the company by creating long-term sustainability.