Home Resources VicHealth strategies VicHealth Strategy 2023-2033 Share Share Share Copy Link Copy Link Facebook LinkedIn Twitter Email Commercial and economic systems The choices commercial organisations make can create healthier, happier and fairer communities - or the opposite. Scroll down What are commercial and economic systems? Systems, practices, and pathways through which commercial and economic actors influence health, wellbeing, and health equity. Actors in this context range from local businesses to major corporations. How do these systems influence our health and wellbeing? Commercial organisations make choices about the products they sell and how they operate. These choices can make our community healthier, happier and fairer - or the opposite. For example, where businesses provide equal access to nutritious food or healthcare, they play a crucial role in strengthening our community. But where businesses provide harmful products – like tobacco- and practise harmful business operations – such as those that cause environmental damage - they undermine our health and contribute to health inequities. Just 4 products cause 1 third of preventable deaths Alarmingly, industries that produce just four harmful products – tobacco, alcohol, unhealthy food and fossil fuels – cause a third of preventable deaths globally each year. When our laws allow commercial organisations to profit from harming people’s health, that’s what many will do. On the other hand, when our laws set higher standards for how commercial organisations operate, we encourage innovation that makes a positive difference in our lives. Joining forces for good We'll work with partners to seek the prioritisation of wellbeing so that economic and commercial prosperity supports, rather than hinders, good health. How? How to create a wellbeing economy Wellbeing economy We explain the basics of a wellbeing economy before we delve into the Australian context and the 5-stages in our wellbeing economy toolkit. As a world-first health promotion foundation, VicHealth has... Other systems in our new 10 year strategy VicHealth is committed to addressing the systems influencing our health and wellbeing. It's by focusing the majority of our efforts on three, we will be able to create real impact and add value to the lives of Victorians. Food systems Neighbourhood and built systems Start at the beginning... VicHealth Strategy 2023-2033 Landing page 7 min read 18 Jul 2023
