TLVP House

What is Shared Value?

Shared Value are the policies and practices that enhance the competitiveness of companies while improving social and environmental conditions in the regions where they operate.

What are we trying to achieve?

By working hand-in-hand with businesses across Gippsland, the Shared Value Initiative is assessing the social and financial returns on investing in workforce mental health.

Given the high rates of mental illness in regional Australia – including Gippsland – we believe there is tremendous opportunity to improve mental health and business performance by investing in evidence-based mental health training delivered by the Black Dog Institute.

Our hypothesis is as follows: IF we increase mental health in workers within Gippsland’s businesses, THEN we should see decreases in worker absenteeism, and increases in presenteeism, both of which support the quality of operations as well as the financial bottom line.

Red Fruits In Hand

How is it going so far?

In 2020-2021, we partnered across business, government, and philanthropy to co-finance our pilot to support 400 workers in the healthcare and transport sectors across Gippsland.

The initiative was anchored by our partners at the Gippsland Regional Executive Forum, as with co-investments from the Committee for Gippsland and Latrobe Health Assembly. 

Despite the forced-lockdowns due to Covid, we’ve seen positive impacts on workforce mental health via the training from Black Dog Institute and are now partnering with the Department of Families, Fairness and Housing  to scale the work to reach 1200 workers across more businesses in Gippsland.

Pilot Study Update

In the pilot study, partner businesses reported a much clearer and deeper understanding of the impact of mental health in the workplace as well as invaluable insights into variables and vulnerabilities such as age, years of service and demographics within the company.

TLVP Sun
TLVP Sun
TLVP Sun

How do i get involved?

For more information please read our Joint Media Release here or to be involved please contact Keita kmatsumoto@ksf.org.au