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Porsche strengthens cross-industry initiative value balancing alliance
Sports car manufacturer becomes core member of values alliance
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Within three years, value balancing alliance e.V. intends to develop a model for assessing multidimensional value creation, test this model in practice and then further develop its publication and reporting obligations accordingly. The new methodology aims to develop standardised and therefore comparable indicators. This should make the actual value contributed by companies transparent to society. “The goal of this holistic approach to corporate output is to make it possible to identify and understand positive and negative social impact,” says Christian Heller, CEO of value balancing alliance e.V.
The values alliance is supported by the OECD as well as the auditing firms Deloitte, EY, KPMG and PwC, among others. The founding members of the non-profit organisation are BASF, Bosch, Deutsche Bank, LafargeHolcim, Novartis, Philip Morris International, SAP and SK.
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