Nestlé has announced that Honey Care Africa, an East African fair trade honey company working with 35,000 farmers in South Sudan, is the overall winner of the company’s Creating Shared Value Prize.
The prize, an investment of CHF 500,000, shared between the winner and runners-up, rewards innovative businesses that create value for their communities by addressing issues of nutrition, water or rural development.
Madison Ayer, of Honey Care Africa, which seeks to help farmers become commercial beekeepers, said he was delighted with the win.
"The Creating Shared Value Prize is such a wonderful recognition of the hard work and passion of our team, farmers, and customers in Africa. And what is even more exciting is the opportunity to build a long-term relationship with Nestlé, as we leverage our sustainable local supply chain with Nestlé’s global resources and expertise."
The two runners-up were MSABI, a Tanzanian NGO that runs one of the largest rural, water, sanitation and hygiene programmes in the country and Sanergy, a Kenyan social enterprise which collects and transforms human waste into fertilizer or energy.
The prize was awarded at the company’s Creating Shared Value Forum. Hundreds of people, including key members of industry, global academics and representatives from international institutions and civil society, have gathered at Nestlé’s global research centre in Lausanne, Switzerland, for the annual event.
This year’s forum, co-organised with the United Nations Conference on Trade and Development (UNCTAD), is focusing on how to create a new role for industry, at the heart of the societies in which it operates.
Nestlé believes that for a company to be successful over the long term and create value for shareholders, it must create value for society.