By: Lara Toensmann | Strategy Director at S360 | January 8th, 2015

Istanbul. Thursday 8 January, 16:00

Istanbul-based strategy consultancy and think-tank S360 has been signed as the first and only Consulting Affiliate in Turkey for the Shared Value Initiative.

The Shared Value Initiative was established in 2011 to promote the work of renowned strategists and Harvard Business School Professors Michael Porter and Mark Kramer on Creating Shared Value.

The Shared Value approach identifies opportunities to enhance competitiveness while simultaneously advancing the economic and social conditions in the communities in which it operates. Shared Value is unique in that it believes that companies, through their core business operations—can simultaneously create business value and generate societal value.

Creating Shared Value goes far beyond traditional Corporate Social Responsibility. The Shared Value approach ensures direct relevance to the core business strategy, measurable outcomes and scale-able impact. “While charitable responsibility is very integral to the way of managing business in Turkey, enhancing these investments to become more strategic will not only generate more return on investment but will create shared value for business and society” - S360 Managing Director, Kerem Okumus

S360 has shown leadership in this topic by leading shared value approach with leading companies during 2014, and will continue to raise awareness and capacity in this field during 2015 and beyond. S360 is deeply committed to contributing to the thought leadership in this field from Turkey and the region.

"Given the absence to date of this approach we will be working to develop know-how and raise awareness among the business and philanthropic community. We are also identifying case studies from Turkish companies to share with the global arena and we will be working closely with forward-thinking companies to identify shared value opportunities." S360 Strategy Director, Lara Toensmann

About S360

Founded in 2013 and based in Istanbul Turkey, we are a strategic sustainability agency offering integrated sustainability and communication services to help companies move faster towards sustainability.

Our team offer realistic and applicable strategic sustainability management solutions for the most material sustainability challenges. We support our clients for creating and putting shared value into practice, while ensuring sustainable economic growth at the corporate level. We integrate 360-degree of sustainability approach to every business process in order for companies to answer today's ever-changing risks and opportunities.

S360 has worked in an advisory capacity with leading brands in Turkey and manages its own direct investments in creating social impact. S360 is a certified B Corporation.


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