UNIDO Working Group Presents Results on Shared Value Creation
Prof. Dr. Josef Wieland, Director of the LEIZ at Zeppelin University, and Prof. Dr. Marc C. Hübscher, Partner at Deloitte Germany and Honorary Professor at the University of Ulm, presented significant outcomes from the UNIDO Working Group for Shared Value Creation and Social Innovation.
Initiated in 2024 under Gunther Beger, Managing Director of the Directorate for SDG Innovation and Economic Transformation, the working group united Zeppelin University, Deloitte, and the Development and Climate Alliance Austria. Their primary goal was developing an accounting framework for Shared Value Creation aligned with the United Nations Sustainable Development Goals.
Prof. Wieland emphasized that globally balanced sustainability necessitates social innovation within specific areas, achievable only through value-driven cooperation among stakeholders. This, he explained, constitutes the critical micro-foundation necessary for redefining macroeconomic performance beyond traditional GDP measurements.
Prof. Hübscher introduced two innovative concepts from the working group: Social License to Operate Credits (SLOC), a metric for assessing Shared Value Creation at the corporate level in alignment with the SDGs, and the Dual Return Distribution Mechanism (DRDM), designed to ensure equitable and transparent return distribution among stakeholders.
A policy paper detailing the working group's findings will soon be accessible via UNIDO.