If fulfilling the traditional “Corporate Social Responsibility” (CSR) is to put one dollar into the pocket of the needy, then “Creating Shared Value” (CSV) is to turn that one dollar into more resources by working with beneficiaries so that more people can benefit. In recent years, a number of devoted people in Hong Kong have begun starting businesses that operate in CSV mode. They hope to solve problems for our society while making profits, and to create, succeed and share with different groups.
It was with great effort five years ago that Joyce talked her boss into starting a social enterprise (SE) as a subsidiary of the company in CSV mode, in a bid to play a part in conserving dying crafts in Hong Kong. She has devoted herself to the SE for several years now. Can she find a crack for survival in a business world where profits always come first?
Both Kadri and her mother Mrs KEUNG work in the clothing industry. By chance, they came across multi-functional clothing designed for sick and recovered persons. They noticed that the choices of such clothing were very limited in the market, and they did not cater to the psychological needs of users. Yet, establishing a small garment factory in Hong Kong to fill this gap in our society is easier said than done.
CSV enterprises do not operate on a charitable basis, but are rather self-financing. How do they strike a balance between pursuing profits and facilitating social and environmental progress?
Producer: Clarissa MA, Joanne YIM
It was with great effort five years ago that Joyce talked her boss into starting a social enterprise (SE) as a subsidiary of the company in CSV mode, in a bid to play a part in conserving dying crafts in Hong Kong. She has devoted herself to the SE for several years now. Can she find a crack for survival in a business world where profits always come first?
Both Kadri and her mother Mrs KEUNG work in the clothing industry. By chance, they came across multi-functional clothing designed for sick and recovered persons. They noticed that the choices of such clothing were very limited in the market, and they did not cater to the psychological needs of users. Yet, establishing a small garment factory in Hong Kong to fill this gap in our society is easier said than done.
CSV enterprises do not operate on a charitable basis, but are rather self-financing. How do they strike a balance between pursuing profits and facilitating social and environmental progress?
Producer: Clarissa MA, Joanne YIM
- Category
- 문화 - Culture
- Tags
- CSV enterprises, conserves crafts, functional clothing
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