Shared Value

Shared Value

In recent years an increased social and environmental awareness has been growing steadily within the global business sector. The success of a company or economic enterprise is no longer judged solely on the basis of the profit it brings to shareholders, but by its economic, social and environmental contribution to society. This is the concept of Shared Value: that a company or other productive operation measures its success by the net positive or negative effects it has on its stakeholders. In contrast with other approaches, the goal of maximization looks beyond the simple creation of economic value on the behalf of a company, to a broader sense of value for society and the environment, according to which a business incorporates into its profit-making estimations a duty of care for the social and environmental needs around it. This approach, first outlined by Michel Porter at Harvard University in 2012, was adopted at the end of 2019 by the companies of the Business Roundtable, and in February 2021 in the closing declaration of the Davos Forum.

Our contribution

Econometría has been the pioneering organization to calculate Shared Value for companies in Colombia. Our estimations have made use of the world’s most up-to-date theoretical formulations for meeting the Sustainable Development Goals (SDGs) and reducing greenhouse gas emissions, as such carrying out calculations for ARGOS in 2017 and PROMIGAS in 2019. In these cases, the net contribution of the company was calculated not only in terms of profit for shareholders, but by the benefits it brought to other sectors of the economy and to general environmental sustainability. Previously, although without the reference framework of the agreements mentioned earlier, similar estimations were carried out for Cerrejón y Cerro Matoso.

Share this article

Share on facebook
Share on twitter
Share on linkedin

Other related results

Food security

There is increasing awareness of the importance of nutrition in the world, which is why this day is celebrated and...

Ethnic diversity

Commemorating the day of ethnic diversity, we want to mention the main projects where we have participated as a firm...

Road safety

Econometria has contributed to generating evidence to promote road safety programs, focused on vulnerable groups....

Challenges in evaluations

In this year in which Econometría celebrates its 45th anniversary, we are remembering the challenges we faced during the...

Food security

There is increasing awareness of the importance of nutrition in the world, which is why this day is celebrated and...

Ethnic diversity

Commemorating the day of ethnic diversity, we want to mention the main projects where we have participated as a firm...

Road safety

Econometria has contributed to generating evidence to promote road safety programs, focused on vulnerable groups....

Challenges in evaluations

In this year in which Econometría celebrates its 45th anniversary, we are remembering the challenges we faced during the...

Econometría Consultores SAS I All rights reserved

Zuleima Urrea
Data Collection Director
Agricultural Engineer, graduated from the Universidad Surcolombiana with a specialization in social management from Uniminuto and a Master's degree in project management from the EAN. With experience in the design, planning, monitoring, and execution of information collection operations at the national level and in the planning, advice and support of information collection in Central American and Caribbean countries. Her experience includes the management of work teams, the management of administrative and operational aspects for qualitative and quantitative data collections, in urban and rural areas, face-to-face and virtual. She has participated in projects related to the following topics: education, health, early childhood, socioeconomics, rural finance, among others.
Zuleima Urrea
Data Collection Director
Agricultural Engineer, graduated from the Universidad Surcolombiana with a specialization in social management from Uniminuto and a Master's degree in project management from the EAN. With experience in the design, planning, monitoring, and execution of information collection operations at the national level and in the planning, advice and support of information collection in Central American and Caribbean countries. Her experience includes the management of work teams, the management of administrative and operational aspects for qualitative and quantitative data collections, in urban and rural areas, face-to-face and virtual. She has participated in projects related to the following topics: education, health, early childhood, socioeconomics, rural finance, among others.
Zuleima Urrea
Directora Recolección de Información
Ingeniera agrícola, egresada de la Universidad Surcolombiana con Especialización en gerencia social de Uniminuto y Maestría en gerencia de proyectos de la EAN. Con experiencia en diseño, planeación, seguimiento y ejecución de operativos de recolección de información a nivel nacional y en la planeación, asesoría y acompañamiento de recolecciones de información en países de Centroamérica y el Caribe. Su experiencia incluye la gestión de equipos de trabajo, el manejo de aspectos administrativos y operativos para recolecciones cualitativas y cuantitativas, en zona urbana y rural, presencial y virtual. Ha participado en proyectos relacionados con las siguientes temáticas: educación, salud, primera infancia, socioeconómicos, finanzas rurales, entre otros.
Zuleima Urrea
Directora Recolección de Información
Ingeniera agrícola, egresada de la Universidad Surcolombiana con Especialización en gerencia social de Uniminuto y Maestría en gerencia de proyectos de la EAN. Con experiencia en diseño, planeación, seguimiento y ejecución de operativos de recolección de información a nivel nacional y en la planeación, asesoría y acompañamiento de recolecciones de información en países de Centroamérica y el Caribe. Su experiencia incluye la gestión de equipos de trabajo, el manejo de aspectos administrativos y operativos para recolecciones cualitativas y cuantitativas, en zona urbana y rural, presencial y virtual. Ha participado en proyectos relacionados con las siguientes temáticas: educación, salud, primera infancia, socioeconómicos, finanzas rurales, entre otros.
Sofía Vaca
Consultora Junior
Economista de la Universidad de los Andes, con una titulación en Estudios del Desarrollo. Tiene experiencia en análisis de datos cualitativos y cuantitativos, investigación y monitoreo de proyectos sociales y políticas públicas. Interés profesional y conocimientos en investigación, estadística, estudios de género, cambio climático, pobreza, salud pública, desigualdad y desarrollo. Hace parte del equipo de Econometría desde agosto del 2021.
Sofía Vaca
Consultora Junior
Economista de la Universidad de los Andes, con una titulación en Estudios del Desarrollo. Tiene experiencia en análisis de datos cualitativos y cuantitativos, investigación y monitoreo de proyectos sociales y políticas públicas. Interés profesional y conocimientos en investigación, estadística, estudios de género, cambio climático, pobreza, salud pública, desigualdad y desarrollo. Hace parte del equipo de Econometría desde agosto del 2021.
Sofía Vaca
Junior Consultant
Economist from the Universidad de los Andes, with a minor in Development Studies. She has experience in qualitative and quantitative data analysis, research and monitoring of social projects and public policies. And a professional interest and knowledge in research, statistics, gender studies, climate change, poverty, public health, inequality, and development. She has been part of Econometría since August 2021.
Sofía Vaca
Junior Consultant
Economist from the Universidad de los Andes, with a minor in Development Studies. She has experience in qualitative and quantitative data analysis, research and monitoring of social projects and public policies. And a professional interest and knowledge in research, statistics, gender studies, climate change, poverty, public health, inequality, and development. She has been part of Econometría since August 2021.
Miguel Ángel García
Junior Consultant
Economist from Universidad Santo Tomás, Professional in Government and Public Affairs and student of the master’s in public policy at Universidad de los Andes. With more than three years of experience in consulting, working on issues related to territorial planning, public utilities, auditing, formulation, implementation and evaluation of public policies, applying quantitative and qualitative methods. His areas of interest are poverty, education, public finance, decentralization, economic development and the formulation, implementation and evaluation of public policies.
Miguel Ángel García
Junior Consultant
Economist from Universidad Santo Tomás, Professional in Government and Public Affairs and student of the master’s in public policy at Universidad de los Andes. With more than three years of experience in consulting, working on issues related to territorial planning, public utilities, auditing, formulation, implementation and evaluation of public policies, applying quantitative and qualitative methods. His areas of interest are poverty, education, public finance, decentralization, economic development and the formulation, implementation and evaluation of public policies.