Nestlé has announced the winner of the Creating Shared Value Prize 2016. It is Agro-Hub from Cameroon. Nestlé CEO Paul Bulcke presented the CHF 300,000 prize (312,120.99 USD) to Agro-Hub at the Creating Shared Value Forum in Abidjan, Côte d’Ivoire.
The Nestlé Creating Shared Value Prize was launched to help business-oriented initiatives that address challenges in nutrition, water, or rural development, to scale-up or be replicated.
Through the prize, Nestlé rewards initiatives that reflect the spirit of Creating Shared Value, an approach any organisation can take to create economic returns by developing solutions to societal problems.