The Shared Value Project is a regional community of practice committed to driving adoption and implementation of shared value strategies among leaders and companies, civil society, and government organisations in Australia. The Shared Value Project aims to create a community of business leaders and practitioners in Australia who are dedicated to advancing shared value as the business strategy for solving societal problems. The Shared Value Project supports the development of shared value in Australia via the creation of knowledge, skills and social networks, and by the promotion of member achievements. Shared value is defined as policies and practices that enhance the competitiveness of companies while improving social and environmental conditions in the regions where they operate. It is a business strategy focused on companies creating measurable economic benefit by identifying and addressing social problems that intersect with their business. To qualify as shared value, there must be an identifiable economic benefit to the company as well as measurable impact on a social or environmental issue.