On 21 September the Sustainability Committee of the Swedish Chamber of Commerce Hong Kong hosted a breakout session at the Shared Value Forum 2017 to speak about the Swedish Model – how sustainability is a natural element incorporated in the business model.
Shared Value is a strategy in which companies find business opportunities in solving social problems, and the forum provides an opportunity for companies to meet and exchange knowledge within the area.
The Shared Value Forum is hosted by the SIE Fund in Hong Kong and the event is by invitation only, for top decision makers of companies, institutions and NGOs in Hong Kong.
Simply put, Shared Value is a strategy in which companies find business opportunities in solving social problems. It is a model that allows businesses to realise innovation and growth potential by treating social problems as business objectives; maximising their competitive advantage while creating value in society.
Established in September 2013, the Social Innovation and Entrepreneurship Development Fund (SIE Fund) of the HKSAR Government seeks to be a catalyst for social innovation in Hong Kong. By supporting cross-sector collaboration and capacity building, the SIE Fund seeks to build an ecosystem in which social entrepreneurs can thrive, allowing their innovative ideas, products and services to reach unmet demand and helping to alleviate problems of poverty and social exclusion
Sources: SwedCham Hong Kong, SIE Fund Hong Kong