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News - Most Recent

PRME Issues 2014 Annual Report/2015 Outlook

In 2014, sixty-nine new institutions became signatory to PRME, raising the total to nearly 600 active PRME participants from 80 countries, with 13 institutions being delisted for failure to meet the mandatory reporting requirement. As the initiative grows, individual signatories and groups, such as regional PRME Chapters, push responsible management education to new levels and continue to drive forward this community. 

  • Twelve PRME Regional Meetings were held over the last year, rooting the Six Principles in diverse cultural and geographical contexts, with five new PRME Chapters emerging, and four becoming established.
  • The PRME Champions leadership group, which launched in 2013, met for its first working meeting in New York, laying the groundwork for how the group can position itself to add complementary value to the current work of individual PRME signatories and other important groups, such as PRME Chapters and issue area PRME Working Groups.
  • Thanks to support and feedback from the PRME community, we launched a new look for the PRME website making it easier to navigate and more interactive.

Coming up in 2015:

  • This year will see the launch of the UN Post-2015 Development Agenda and the expected Sustainable Development Goals (SDGs). Many in the PRME community have already discovered the immense opportunity that will be afforded by this framework, including the invitation by UNESCO to the PRME initiative to become a Partner for UNESCO’s Global Action Programme on Education for Sustainable Development and the recent call to action that developed from a workshop at the Business as an Agent of World Benefit conference at Case Western Reserve University in the USA, to highlight how higher education institutions can align curricula, research, and thought and action leadership with the SDGs through both individual commitments and collaborative action.
  • The 2015 Global Forum for Responsible Management Education – 6th PRME Assembly, will be held from 23-25 June 2015 in New York City, together with the UN Global Compact 15th anniversary events. The PRME Global Forum will feature the important work of regional PRME Chapters, the PRME Champions, and PRME Working Group issue-themes (e.g. anti-corruption, gender equality, poverty), and will provide opportunities to showcase and explore future links with the business community of the UN Global Compact and the UN more broadly. Further, PRME Steering Committee members, including AACSB, EFMD, CEEMAN, CLADEA, ABIS, GRLI and others, as well as student organisations, including Net Impact and oikos International, will be present to engage in active dialogue around the future of responsible management education. We look forward to welcoming you to this important global event!

As 2015 progresses, PRME will continue to link the PRME community to relevant news and opportunities at the global, regional, and local levels, and with stakeholders across sectors.

 

  • Read the 2014 Annual Report/2015 Outlook here.

16 Feb 2015

2nd PRME Chapter Meeting Iberian (Spain and Portugal)

(Madrid, 10 February 2015)  The emerging PRME Chapter Iberian (Spain and Portugal), created in July 2014, reunited for their 2nd PRME Chapter Meeting at the headquarters of the Universidad Pontifical Comillas in Madrid. The event was opened by the Rector of the host university, Julio Martínez and Mr. José Luis Fernández Fernández, Director of the Department of Economic and Business Ethics. A total of 25 academic institutions (17 Spanish, 8 Portuguese) attended this meeting with a dual purpose of sharing experiences of how the attending institutions have embraced PRME, and identifing common interests that allow institutions to strengthen synergies to work together in advancing PRME in the region. With the aim of learning from good practices, participants showcased projects that illustrated their responsible management education progress. These exhibitions additionally served to inspire those institutions attending that have not yet signed to PRME.

In a first workshop of practice, twelve institutions presented projects that were undertaken to promote responsible corporate managers' education, showing a diversity of approaches and enriching proposals.

The second workshop served to make compromises to develop projects to further advance the effective implementation of the PRME. Specifically, attendees agreed to work on four projects that are expected to deliver results in a short time:

  • Expand the online platform for the PRME Chapter Iberian, as developed by Joao Dias da Silva, Porto Business School. The challenge now is to increase the use by other institutions in the Chapter and to share content on the database for future joint research.
  • Design a list of indicators that show how progress is being made in implementing each principle by the various institutions. This group is led by Javier Benayas of the Universidad Autónoma de Madrid.
  • Involve and collaborate with companies to introduce and explore ways to promote the proposed UN Sustainable Development Goals. A large group of seven schools will drive this project to increase collaboration with Global Compact Local Networks, led by Giorgia Miotto, of EADA Business School.
  • Collect good practices of member institutions in an inspirational guide to enable systematic comparison of progress in the development of the PRME. Anna Bajo, of University Pontifical Comillas, will lead the project.

Finally, attendees agreed to discuss the formal establishment of the PRME Chapter Iberian in the upcoming meeting and present on their progress of the above projects.

For more information on the PRME Chapter Iberian (Spain and Portugal) see their Chapter page and contacts here.

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2ª Reunião do Capítulo Ibérico do PRME (Espanha e Portugal)

O Capítulo do Ibérico do PRME (Espanha e Portugal) que, na qualidade de capítulo emergente se constituiu como capítulo em julho 2014, voltou a reunir-se pela segunda vez, na sede da Universidade Pontifícia Comillas, em Madrid. O evento foi aberto pelo reitor da universidade de acolhimento, D. Julio Martínez, e por D. José Luis Fernández e Fernández, diretor da Cátedra de Ética Económica y Empresarial da mesma universidade.

Um total de 25 instituições académicas (18 espanholas e 7 portuguesas) participou na reunião com um duplo objetivo:

  • Partilhar experiências sobre como as instituições presentes integraram os PRME, com o objetivo de aprender a partir das boas práticas que cada participante foi apresentando, como forma de ilustrar os avanços realizados. As apresentações auxiliaram igualmente a inspirar as instituições que ainda não subscreveram os PRME, algumas das quais também assistiram à reunião.
  • Identificar interesses comuns que permitam potenciar sinergias para trabalhar em conjunto no avanço do PRME na região.

Num primeiro seminário de boas práticas, 12 instituições apresentaram aos demais participantes as iniciativas que desenvolveram para impulsionar uma educação responsável dos gestores empresariais, mostrando uma heterogeneidade de abordagens e de propostas muito enriquecedora.

O segundo seminário serviu para alcançar compromissos para desenvolver projetos que permitam avançar ainda mais na implementação efetiva dos PRME. Especificamente, concordou-se trabalhar nos seguintes quatro projetos, que se espera apresentem resultados num curto espaço de tempo:

  • A utilização da plataforma online para o Capítulo Ibérico, já desenvolvida por Joao Dias da Silva, do Porto Business School. O desafio agora é explorar o seu uso por parte das demais instituições do capítulo e dotar a base de dados com conteúdos que permitam desenvolver futuras investigações conjuntas.
  • Um grupo de escolas, lideradas por Javier Benayas da Universidade Autónoma de Madrid, acordou trabalhar conjuntamente na elaboração de um conjunto de indicadores que permitam conhecer o progresso na implementação de cada principio por parte das diferentes instituições.
  • Num esforço para juntar esforços e multiplicar efeitos, outro grupo de numerosas escolas - pelo menos sete - procurarão implicar as empresas de modo a dar a conhecer e procurar formas de promover os Objetivos de Desenvolvimento Sustentável anunciados pelas Nações Unidas. Este projeto contará com a colaboração das redes locais do Pacto Mundial e será liderado por Giorgia Miotto, da EADA Business School.
  • Um último projeto, na qual instituições espanholas e portuguesas trabalharam, procura recolher as boas práticas das instituições membro as quais serão integradas num guia inspiracional que permita a comparação sistemática dos avanços no desenvolvimento dos PRME. Anna Bajo, da Universidade Pontificia Comillas, lidera o projeto.

Os participantes agendaram para a próxima reunião o debate acerca da formalização do capítulo de modo a passar de emergente a consolidado, depois de se verificar avanços nos projetos.

Para mais informação do Capítulo do PRME Ibérico (Espanha e Portugal) consulte o seguinte link.

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2ª reunión del Capítulo del PRME Ibérico (España y Portugal)

El Capítulo de los PRME Ibérico (España y Portugal) que en calidad de capítulo emergente se constituyó en julio de 2014 ha vuelto a reunirse por segunda vez en esta ocasión en la sede de la Universidad Pontificia Comillas en Madrid. El acto fue inaugurado por el Rector de la universidad anfitriona, D. Julio Martínez, y por D.José Luis Fernández Fernández, director de la Cátedra de Ética Económica y Empresarial de la misma universidad.

Un total de 25 instituciones académicas (18 españolas y 7 portuguesas) asistieron a este encuentro con una doble intención:

  • Compartir experiencias de cómo las instituciones asistentes han abrazado los PRME, con el ánimo de aprender a partir de las buenas prácticas que cada una fue mostrando para ilustrar su avance. Estas exposiciones sirven  también inspirar a aquellas instituciones que aún no han firmado los PRME, algunas de las cuales también asistieron a la reunión.
  • Identificar intereses comunes que permitieran aprovechar las sinergias para trabajar juntos en el avance los PRME en la región.

En un primer taller de buenas prácticas 12 instituciones presentaron al resto de participantes las iniciativas que han llevado a cabo cada una de ellas para impulsar una educación responsable de los gestores de empresa, mostrando una heterogeneidad de enfoques y propuestas muy enriquecedora.

El segundo taller sirvió para alcanzar compromisos para desarrollar proyectos que permitan seguir avanzando en la implantación eficaz de los PRME. En concreto, se ha acordado trabajar en los siguientes cuatro proyectos de los que se espera alcanzar resultados en un periodo breve de tiempo:

  • La utilización de la plataforma online para el Capítulo Ibérico, ya desarrollada por Joao Dias da Silva, de la Porto Business School. El reto ahora es explotar su uso por parte del resto de instituciones del capítulo y dotar su base de datos de contenido para abordar futuras investigaciones conjuntas. 
  • Un grupo de escuelas liderado por Javier Benayas de la Universidad Autónoma de Madrid, acordó trabajar conjuntamente en el diseño de un listado de indicadores que permitan conocer cómo se está avanzando en la implantación de cada principio por parte de las distintas instituciones.
  • Con el ánimo de sumar esfuerzos y multiplicar efectos, otro grupo numeroso de escuelas – hasta siete- tratarán de implicar a las empresas para dar a conocer y buscar formas de promover los Objetivos de Desarrollo Sostenible anunciados desde Naciones Unidas. Este proyecto contará con la colaboración de las redes locales del Pacto Mundial y estará liderado por Giorgia Miotto, de EADA Business School.
  • Un último proyecto en el que instituciones españolas y portuguesas trabajarán busca recoger las buenas prácticas de las instituciones miembros en una guía inspiracional que permita la comparación sistemática de avances en el desarrollo de los PRME. Anna Bajo, de la Universidad Pontificia Comillas, liderará el proyecto.

Los asistentes emplazaron a la próxima reunión el debate sobre la formalización del capítulo para pasar de emergente a consolidado, una vez se constaten los avances de los proyectos.  

Para más información del Capítulo del PRME Ibérico (España y Portugal) refiérase al siguiente enlace.

10 Feb 2015

January Recognition - New Signatories, SIPs & Contributions to PRME initiative

We are pleased to highlight contributing PRME participants for the month of January. We welcome new signatories and supporting organisations to the PRME initiative (2), congratulate signatories for submitting their Sharing Information on Progress (SIP) reports (15), and express our collective thanks to all participants that contributed financially (6) to the PRME initiative over the last month.

New Signatories & Supporting Organisations:

Sharing Information on Progress (SIP) reports:

Financial Contributions:

01 Feb 2015

IILM’s Second International Conference “Responsible Management Education, Training and Practice” highlights links to proposed Sustainable Development Goals

(Delhi, 10 January 2015) - IILM Institute for Higher Education New Delhi, with the support of the PRME Secretariat, hosted the Second International Conference on “Responsible Management Education, Training and Practice” from 8-10 January 2015 at its New Delhi campus. The conference was addressed to academicians from the leading business schools, leaders of industry, senior government officials, members of the diplomatic corps and social sector representatives, and focused on the theme of PRME and the proposed Sustainable Development Goals (SDGs) of the United Nations.

The conference was inaugurated by Jess Dutton, Deputy High Commissioner of Canada to India, who in his opening stressed the need for taking action towards the SDGs for a more harmonious world. A special address by Bhaskar Chatterjee, Director General & CEO, Indian Institute of Corporate Affairs, highlighted the need to expand the scope of responsibility to include several stakeholders such as corporations, educational institutions, community, employees, and governments, for sustainable development. Jonas Haertle, Head, PRME Secretariat, UN Global Compact, briefed the conference delegates on the proposed SDGs of the United Nations. Welcoming the delegates, Rakesh Chaudhry, Senior Director IILM shared how IILM became a signatory of PRME in August 2008, and has been actively engaged in implementing initiatives and the framework of PRME on its own, as well as in partnership with other PRME Champion business schools.

The conference deliberations covered: Framework for Responsible Management Education, Inclusive Equitable Education and Lifelong learning, Skills Development for Sustainable Economic growth, Gender equality, women empowerment, Rethinking consumption, and Training and sensitization for responsible management. The conference also included Research papers on the theme of Conference. The jury adjudged the paper titled “Sustainability and Management Education: Exploration and the interrelationship between the dimensions from stakeholder’s perspective” by Ankur Roy, as the best research paper.

As one of the main outcomes of the meeting, IILM will again host the next Third International Conference on “Responsible Management Education, Training and Practice” from 7-9 January 2016.

Read the Business Wire India press release here.

For more information, please contact:
Rakesh Chaudhry, Senior Director, IILM, rakesh.chaudhry@iilm.edu

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Background on the Sustainable Development Goals (SDGs) and relevance for Higher Education Institutions: 

The United Nations General Assembly is in the process of formulating and articulating a new global framework and goals for sustainable development to replace the Millennium Development Goals, when they expire at the end of 2015.

Higher education institutions (HEIs), including business and management schools, are emerging as a core stakeholder in discussions on the required architecture for achieving the proposed Sustainable Development Goals.

In his July 2013 report to member states, UN Secretary General Ban Ki-moon cited the need for partnerships, including academia, to achieve the Goals, and in July 2014, he called on PRME specifically to play an active role.

As an essential part of the system, there is the need for management-related academic institutions and individuals to work together collaboratively to establish how best to respond to these calls and articulate a roadmap for how the management education and research community as a whole can best contribute to achieving the Sustainable Development Goals. There are clear roles for which this community is uniquely placed to play:

  • Through education, by developing globally responsible leaders with the necessary capabilities and commitment,
  • Through research and thought leadership, enabling business organizations to serve the common good, and
  • Through engaging in the transformation of business and the society.

Accordingly, the management education community, and specifically the signatories of the Principles of Responsible Management Education, are encouraged to:

  • Align their education, research, and engagement agendas with key global development issues as being articulated in the UN’s new Sustainable Development Goals framework;
  • Embed new content and transformative learning approaches, including experiential learning, throughout the curriculum in order to develop the competencies necessary for business to tackle our major sustainable development goals;
  • Engage in new forms of action research around the major sustainable development issues we face and create new solutions to help business play a more effective role in multiple local contexts;
  • Play an active role as public opinion leaders, advisors, solution providers and facilitators to help business become an effective agent of sustainable development;
  • Act as impartial facilitators for and between business, government, and civil society.

10 Jan 2015

December Recognition - New Signatories, SIPs & Contributions to PRME initiative

We are pleased to highlight contributing PRME participants for the month of December. We welcome new signatories and supporting organisations to the PRME initiative (7), congratulate signatories for submitting their Sharing Information on Progress (SIP) reports (30), and express our collective thanks to all participants that contributed financially (9) to the PRME initiative over the last month.

New Signatories & Supporting Organisations:

Sharing Information on Progress (SIP) reports:

Financial Contributions:

01 Jan 2015

Eleven Schools Delisted for Failure to Comply with Sharing Information on Progress (SIP) Reporting Requirement

Today, the Principles for Responsible Management Education (PRME) Secretariat announced that 11 schools were delisted from the PRME initiative for failure to meet the mandatory reporting requirement. The delisting of PRME signatories, first rolled out in January 2013, is part of ongoing efforts by PRME to enhance transparency, accountability and credibility of the initiative, and follows from a recommendation by the PRME Steering Committee as well as from the wider PRME community though the Rio Declaration on the Contribution of HEIs and Management Schools to the Future We Want: A Roadmap for Management Education to 2020. To date, 57 institutions have been delisted for failure to comply.

Under the policies of PRME, participating signatory institutions must issue a biennial progress report (also known as Sharing Information on Progress, or SIP) on their implementation of the initiative’s six principles. Failure to meet the SIP deadline results in a signatory being listed as “non-communicating” on the PRME website. Non-communicating signatories at risk of being delisted can regain their status as “active” participants by submitting an SIP report. Continued failure to submit an SIP to PRME’s public database leads to the delisting.

While delisted signatories are removed entirely from PRME’s database, the initiative does allow those inclined to return. To rejoin PRME, institutions must send a new letter of commitment signed by the highest executive to the PRME Steering Committee and submit an SIP to the PRME database. 

“While joining PRME is voluntary, the SIP policy enables us to hold signatories accountable to their commitment. This will help to increase the credibility of the initiative overall and also to recognise those signatories that report on their changes to curriculum, research and campus practices, based on the principles of PRME,” says Jonas Haertle, Head of the PRME Secretariat at the UN Global Compact Office.

Despite the number of schools removed from the participant list, the overall number of PRME participants continues to rise. In 2014, more than 75 organisations joined the initiative, bringing the total of participants to 588 active participants from 80 countries.

Delisted 31 December 2014 (in alphabetical order):

  1. Ecole Superieur Robert de Sorbon
  2. Gediz University Department of Management
  3. Institute of Productivity & Management 
  4. Kazakh Academy of Labour & Social Relations
  5. Sociedade Latino Americana de Coaching
  6. Suguna Spark Business School
  7. University of Bucharest Faculty of Business and Administration
  8. University of Nebraska at Omaha College of Business Administration
  9. University of Tirana Faculty of Economy
  10. Zicklin School of Business, Baruch College, City University of New York     

Click here for an overview of delisted signatories.

Click here for an overview of active and non-communicating participants.

31 Dec 2014

PRME at the Global Compact's 10th Anniversary Celebration of the 10th Principle: Anti-Corruption

The UN Global Compact commemorated the 10th anniversary of its 10th Principle against Corruption, recognising this milestone, highlighting private sector successes in the fight against corruption and looking toward future action, particularly in the context of the post-2015 development agenda and the proposed Sustainable Development Goal number 16 on good governance.

The event provided a platform for over 200 business representatives and key stakeholders from Government, civil society, academia, Global Compact Local Networks and others to share lessons learned in the last 10 years of business engagement in the fight against corruption. Participants explored effective ways to engage in collaboration and collective action that advance the global fight against corruption.

Alongside the celebrations, the PRME Working Group on Anti-Corruption convened to conclude their work under the Siemens Integrity Initiative. They focused on defining next steps, community building among the members, and strengthening the links to the UN Global Compact Working Group and other partners.

During the 15th Meeting of the UN Global Compact Working Group on the 10th Principle against Corruption participants had an opportunity to join the interactive computer simulation programme, “HONEST,” an interactive Integrity Training, conducted by the University of Applied Sciences HTW Chur. This interactive simulation (HONEST) has been developed to sensitise and train students, business professionals and public employees on corruption prevention in international settings. Throughout the simulation participants experience realistic scenarios based on practical experiences. HONEST was developed by the University of Applied Sciences HTW Chur, Switzerland in cooperation with Siemens (Schweiz) AG, TATA Interactive Systems AG and sponsored by the Commission for Technology and Innovation (CTI). University of Applied Sciences HTW Chur is an active PRME signatory, member of the PRME Working Group on Anti-Corruption, member of the PRME Champions leadership group, and founding member of the regional PRME Chapter DACH.

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PRME Working Group on Anti-Corruption in Curriculum Change

The PRME Working Group on Anti-Corruption in Curriculum Change was created in 2008 with the aim to develop good practices, encourage curriculum change, and promote research by collecting and disseminating knowledge with a practical emphasis in the fields of Business Ethics, Transparency, and Good Governance. With support from the Siemens Integrity Initiative, the group developed and maintains a free, open-source PRME Anti-Corruption Toolkit. The eleven modules of the Toolkit include background reading material, detailed case discussions, and an array of primary sources and scenarios. The modules can be used individually or as a stand-alone MBA course on anti-corruption. The aim of the Toolkit is to address the ethical, moral, and practical challenges that students may face in the marketplace. Educators and practitioners are invited to visit the online portal to access content, suggest changes or updates to existing material, or contribute new resources, at http://actoolkit.unprme.org.

10 Dec 2014

Publishers Greenleaf/GSE and BEP Announce Digital Library Collaboration

Greenleaf Publishing and Business Expert Press (BEP) have announced a collaboration between their digital libraries!

The Greenleaf Online Library and the Business Expert Press eBook collection operate with liberal licence terms, free MARC records, no DRM restrictions, and work across multiple devices. The Greenleaf Online collection is also contained in the larger Sustainable Organization Library collection, operated by GSE Research, which also draws from publishers and NGOs in sustainability and responsible management.

The PRME series include such titles as Corporate Social Responsibility: A Strategic Perspective by David Chandler; Teaching Ethics Across the Management Curriculum: A Handbook for International Faculty by Kemi Ogunyemi; the Inspirational Guide for the Implementation of PRME: First and Second Editions and UK & Ireland Edition; and Socially Responsive Organizations and the Challenge of Poverty by Gudic, Rosenbloom, and Parkes.

Please contact Sean.Kaneski@businessexpertpress.com or Cathie.Manis@gseresearch.com for more information, noting that you are based at a PRME signatory school, to receive special rates on subscription and purchase.

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Greenleaf Publishing and GSE Research

The Greenleaf Publishing/PRME Book Series – For Responsibility in Management Education aims to highlight the important work of PRME working groups and projects from around the world. It will provide tools and inspiration for all those working to make management education fit for purpose in creating a new generation of enlightened leaders for the 21st century.

To discuss potential book projects (either authored or edited), members of the PRME community are encouraged to contact rebecca.marsh@greenleaf-publishing.com.

Together, GSE Research and Greenleaf Publishing gather and disseminate research and best practice in the fields of Governance, Sustainability, CSR, and Environmental Management via the Sustainable Organization Library (SOL) and Greenleaf Online Library (GOL) collections. They support environmentally sound, socially just, ethical, and sustainable growth.

 

Business Expert Press (BEP)

The Business Expert Press (BEP) Principles for Responsible Management Education (PRME) book collection is in the process of establishing a compendium on responsible management education and responsible management that is appreciated both in academia and executive education. The collection offers guidance for a growing audience interested in management education for sustainability, responsibility, and ethics. The titles are available through all major book sellers or directly through the collection website.

Prospective authors should be academics or practitioners with a strong background in responsible management theory and practice. Interested authors are invited to discuss their ideas with the collection editor, Oliver Laasch (olaasch@responsiblemanagement.net). Proposals may be related to relevant subject areas as outlined here.

Business Expert Press (BEP) is a world-leading resource in business education with a strong track record in responsible management books. The company publishes collections of concise, academically sound and applied books for the purpose of providing supplemental material for undergraduate and MBA business education. Books also serve the business executive education marketplace and are available in both print and e-book formats. The average book length is 150 pages, but can also be much more extensive.

04 Dec 2014

November Recognition - New Signatories, SIPs & Contributions to PRME initiative

We are pleased to highlight contributing PRME participants for the month of October. We welcome new signatories and supporting organisations to the PRME initiative (4), congratulate signatories for submitting their Sharing Information on Progress (SIP) reports (10), and express our collective thanks to all participants that contributed financially (21) to the PRME initiative over the last month.

New Signatories & Supporting Organisations:

 

Sharing Information on Progress (SIP) reports:

 

Financial Contributions:

01 Dec 2014

Global Compact LEAD Symposium Imagines the Future Corporation

(New York, 20 November 2014) – With a transition underway by global business towards sustainability, companies and sustainability experts today helped to sketch an outline of The Future Corporation during the Global Compact LEAD Symposium, held at UN Headquarters in New York.

The annual Global Compact LEAD Symposium is designed to engage LEAD companies – a small group of companies committed to achieving leadership sustainability performance – and global experts to exchange experiences and views on advanced aspects around corporate vision, strategy and practice.

Imagining “The Future Corporation”

Today’s discussions build on the understanding that companies must play a key role in meeting the social, environmental and economic needs of our planet. While business strategies and practices are beginning to change to address sustainability challenges, many more companies need to join the movement and sharpen the focus on transformative initiatives and strategies.

Participants in today’s event were challenged to identify key characteristics of what the sustainable corporation should look like in the future – how it will create value, be governed, and engage with stakeholders. At its core, the future corporation should respond to the real needs of people and societies, take a long-term and holistic approach to value creation, and fully account for externalities and the company’s impacts.

Key aspects of business leadership were recognized as critical to realize the corporation of the future:

  • Get full support at the highest levels of governance and decision-making. As the highest level of governance in most large corporations, Boards of Directors can help realize “the future corporation”.  
  • Align business strategies with sustainable development priorities such as the forthcoming Sustainable Development Goals (SDGs).
  • Better analyze and communicate the impact of corporate sustainability on financial performance in order for investors to reward the most sustainable companies in the marketplace and to address short-termism in capital markets, companies must.
  • Demonstrate leadership by identifying new forms of partnership and collaboration that address challenges that no entity or sector can solve alone.

Building on this theme of leadership, the UN Global Compact launched an innovative programme to bring sustainability issues into the boardroom, so that companies can better manage risk and opportunities. Developed by Global Compact LEAD and the Principles for Responsible Management Education (PRME), the first of its kind Global Compact Board Programme supports Boards of Directors to effectively oversee and drive a strategic approach to corporate sustainability, and to respond to the interests of all their key stakeholders while protecting and creating financial value.

Today’s Symposium also featured the online participation of a global audience of business school students and faculty through a live webcast. This collaborative effort with PRME – a network of business schools worldwide – offered future business leaders the opportunity to share their vision of The Future Corporation and to engage with LEAD participants on discussions related to the event.

About Global Compact LEAD – Innovation through Action
Global Compact LEAD is an exclusive platform designed to engage the most committed companies within the Global Compact to lead the way to a new era of sustainability. With participation from sustainability leaders from all regions and sectors, LEAD brings a wealth of expertise to the challenge of achieving higher levels of corporate sustainability performance. See full list of over 50 LEAD participants and learn more at www.unglobalcompact.org/LEAD.

Contact

Ole Hansen
Head, Global Compact LEAD
hansen4@unglobalcompact.org

20 Nov 2014

New Programme Puts Sustainability on the Agenda for Boards of Directors

At conclusion of two-year pilot phase, UN Global Compact launches innovative Global Compact Board Programme to all 8,000 companies

(New York, 20 November 2014) – The UN Global Compact today launched an innovative programme to help move sustainability issues from the backroom to the boardroom, so that companies can better manage risk and opportunities for growth by developing solutions that respond to the future demands of people and needs of the planet.

As the first of its kind, the Global Compact Board Programme supports Boards of Directors to effectively oversee and drive a strategic approach to corporate sustainability, and to respond to the interests of all their key stakeholders while protecting and creating financial value.

Developed by Global Compact LEAD and the Principles for Responsible Management Education (PRME) – in collaboration with knowledge partners The Boston Consulting Group (BCG) and DLA Piper – the Board Programme seeks to accelerate recognition by corporate leaders of the material impacts of non-financial issues, and integrate sustainability into business strategy and operations.

“In order to move towards more inclusive and sustainable markets, there must be full ownership and oversight at the highest levels of corporate governance and decision-making,” said Georg Kell, UN Global Compact Executive Director. “Boards of Directors are uniquely positioned to ensure the long-term viability of the business and to recruit and create the right incentives for the next generation of business leaders. Our goal is to put sustainability on both the CEO and Board agendas like never before.”

Board adoption and oversight of corporate sustainability, while on the rise in some respects, represents an area where vast improvement and gains can be achieved, as companies often demonstrate a “performance gap” between ambition and execution on sustainability. In a recent survey of nearly 2,000 Global Compact companies, 90 percent stated that their Boards discuss and act on sustainability issues, while only 15 percent provide corporate responsibility training for Board members.

The Board Programme aims to support Boards in the following ways:

  • Align on the strategic imperative of corporate sustainability as critical for the company’s long-term viability and the distinction between issues that are strategic and non-strategic to the industry.
  • Realize the integral role that Board members can and should play in overseeing, incentivizing and driving corporate sustainability, embedding it into Board duties and structures.
  • Demonstrate leadership on Board adoption and oversight of corporate sustainability with investors, employees, customers and other stakeholders.

Organized in two strategic sessions on the “Materiality of Sustainability” and “The Role of the Board”, the Board Programme features in-house delivery by a global roster of expert facilitators with corporate governance and sustainability expertise across a number of industries. To ensure maximum relevance and impact, the Programme is customized to the needs of the individual company and carried out as a collaborative effort over the course of two to three months. The Programme offers access to a database of expertise and resources across sustainability, strategy, governance and business model innovation topics designed specifically for Boards of Directors.

"Because it can affect the long-term competitive and financial performance of a company, sustainability is now firmly on the corporate agenda," stated Martin Reeves, a BCG senior partner who collaborated on the design of the Programme. "Therefore, boards of directors, as the highest decision making bodies of corporations, have an essential role to play. The Global Compact Board Programme, which BCG is privileged to support, helps boards identify and understand the key sustainability issues for their organizations—and define the right policies and governance structures for the specific business contexts they face."

Six Global Compact LEAD companies from Europe, Asia and Africa – Enel S.p.S., Eni S.p.A., Eskom, SK Telecom, Sinopec Limited and Yara International ASA – have piloted the Board Programme. Guided by the experiences of these LEAD companies, the Programme will now be made available to all UN Global Compact corporate participants with relevant governance models. In addition, Global Compact Local Networks in South Africa, Italy, Brazil and China will work to elevate awareness around the crucial roles of Boards within their countries.

The Board Programme is being launched during today’s 5th Global Compact LEAD Symposium, which will challenge participants to sketch a vision for “The Future Corporation”. LEAD companies and invited experts will identify key characteristics of what the sustainable corporation could and should look like in the future – how it will be governed, create value and manage its impact on society – highlighting the transition of the global business community that is already underway, fueled by deeper integration of sustainability into strategies and operations. 

About Global Compact LEAD – Innovation through Action
Global Compact LEAD is an exclusive platform designed to engage the most committed companies within the Global Compact to lead the way to a new era of sustainability. With participation from sustainability leaders from all regions and sectors, LEAD brings a wealth of expertise to the challenge of achieving higher levels of corporate sustainability performance. See full list of over 50 LEAD participants and learn more at www.unglobalcompact.org/LEAD.

Media Contacts

UN Global Compact
Kristen Coco
Public Affairs and Media Relations
cocok@un.org, +1 917-367-8566 or +1 917-288-0787 (m)

BCG
Madeleine Desmond
Senior Media Relations Specialist
desmond.madeleine@bcg.com, +1 212- 446- 2856 or +1 917-634-6528 (m)

20 Nov 2014

Join the virtual conversation: Global Compact LEAD Symposium – The Future Corporation

2014 LEAD Symposium: The Future Corporation

This year’s Global Compact LEAD Symposium will challenge participants to sketch a vision for The Future Corporation. The transition toward deeper integration of sustainability into corporate strategies and operations has begun. LEAD aims to use the opportunity of its 5th Symposium to outline a corporate sustainability roadmap for the global business community. Participants will identify key characteristics of what the sustainable corporation could and should look like in the future, as well as how The Future Corporation will be governed, create value, and manage its impact on society.

While the event is open exclusively to LEAD participants, the PRME community is invited to view a live-stream of the Symposium. Download the live-stream agenda. Click here to access the live-stream on the day of the event.
  

LEAD companies want to hear from business school professors and students about their vision of The Future Corporation and to engage on related discussions in the lead-up to, during, and after the event.*

  • Submit Questions to the Q&A
    Students and professors are invited to submit questions in advance for the segments "Ask a Sustainability Professional" using #GCLEAD and #FutureCorporation on Twitter. Featured speakers include:
    • Gavin Power - Deputy Director, UN Global Compact
    • Vivian Mac Knight - Climate Change and New Economy Manager, Vale
    The PRME community is also encouraged to send questions in advance for Joel Bakan. His documentary, The Corporation, will be shown via the livestream followed by a Q&A with Joel Bakan about the film's lessons and implications for the future. View the documentary here or a synopsis here.
  • Watch and Tweet LIVE
    On 20 November, students are invited to watch the Live-stream and join the conversation on Twitter using the hashtags #FutureCorporation and #GCLEAD. The live Twitter feed will be displayed in the conference, and attendees in the room will be encouraged to engage in dialogue with those watching the live-stream: www.unglobalcompact.org/LEADSymposiumOnline.


* Online participants are requested to mention their academic affiliation and/or home country in their Tweets.

19 Nov 2014

Three new regional PRME Chapters launched in Asia

Kuala Lumpur, 14 November 2014  – At the conclusion of the 5th PRME Regional Forum Asia participants agreed to launch three PRME Chapters for the Asia region focusing on East Asia (China, Japan, South Korea), the Asean region as well as South Asia (India, Pakistan, Bangladesh and Sri Lanka). The Regional Forum, which was hosted by Othman Yeop Abdullah Graduate School of Business at University Utara Malaysia in Kuala Lumpur, Malaysia, was held from 13-14 November 2014. The event was supported by the World Association of Business Schools in Islamic Countries and held in collaboration with the Ministry of Education Malaysia.

The PRME Regional Forum Asia provided a platform for business school thought leaders and stakeholders to meet and discuss global challenges in the Asian context. The discussions focused on ways in which business schools are going about developing more responsible management graduates. In particular, participants stressed that Asian viewpoints need to be stressed and what is different in Asia compared to other regions. The collaboration between academic and non-academic organizations within the PRME initiatives was acknowledged as an important factor.

Participants supported the idea of establishing at least three regional PRME Chapters with the following contact points:

PRME Chapter Asean+, participants agreed to the appointment of the Othman Yeop Abdullah Graduate School of Business (OYAGSB), Universiti Utara Malaysia as the secretariat. OYAGSB will undertake the responsibility to contact and network with the business schools in the ASEAN region to promote PRME’s principles within the region and carry out activities for region. The Dean of OYAGSB will provide the leadership for this initiative.

PRME Chapter South Asia (India, Pakistan, Bangladesh, Sri Lanka and others), IILM Institute for Higher Education, Goa Institute of Management,  and Dr. Salehuddin Ahmed of the Daily Star, Bangladesh agreed to take the responsibility to lead the process of contacting the relevant business school and start the process of establishing the South Asian PRME Chapter.

PRME Chapter  East Asia (China, Japan, South Korea), Dr. Alison Elizabeth Lloyd from the Faculty of Business, the Hong Kong Polytechnic University will provide the leadership to contact and move the process of getting people from the region to work together.

The 6th PRME Regional Forum Asia will take place at the Goa Institute of Management, India, from 27-28 November 2015.

Photos of the 5th PRME Regional Forum Asia can be accessed here.

For more information, please contact:

Ms. Florencia Librizzi, Manager Participants and Chapters, Legal & Policy Adviser, PRME Secretariat, UN Global Compact Office at librizzi@unglobalcompact.org

14 Nov 2014

Peer-to-peer learning and anti-corruption topic to be promoted through new PRME MENA Chapter

(Casablanca, 11 November 2014) – The successful 4th PRME MENA Regional Forum, ”Regional and Local Challenges for Responsible Management Education,” took place at ESCA School of Management, in Casablanca, Morocco on 10-11 November, resulting in the launch of the established PRME Chapter MENA.

As the Arab world is facing deep changes and difficult transitions, this year’s PRME MENA Regional Forum highlighted the importance for business schools and universities on the South and East coast of the Mediterranean to implement the Principles for Responsible Management Education in classrooms through curriculum, research, dialogue and teaching, and to adapt their strategies to the new business challenges and opportunities.

Eminent representatives from government, academia, the private sector and the PRME community, presented at this forum. Almost six hundred participants registered to this event and another 564 followed the forum via live stream. The on-site and web participants came from Algeria, Canada, Egypt, Ethiopia, France, Germany, Ivory Coast, Morocco, the Netherlands, Senegal, Spain, Turkey, UK and USA.

Additionally, the 4th PRME MENA Regional Forum provided a space to further discuss the future of the PRME Chapter MENA, which was proposed and endorsed during the previous three PRME MENA Regional Fora taking place at the American University in Cairo; the Holy Spirit University of Kaslik; and the University of Dubai. As a result of these conversations, the PRME Chapter MENA has now become established under the coordination of America University in Cairo.

Main activities and core value proposition of the established PRME Chapter MENA:

Many activities were discussed with the spirit of peer learning, towards strengthening the regional PRME community and collaboratively tackling barriers to responsible management, proposing the following projects for focus:

1. Teaching: Curriculum development, content sharing, and faculty webinars on topics of interest

2. Research: Anti-corruption, among other topics

3. Outreach on the sustainability literacy test

4. Women on boards in the Arab Region

5. The 5th PRME MENA Regional Forum will be hosted by Talal Abu-Ghazaleh Graduate School of Business, German Jordan University, in 2015

6. The 6th PRME MENA Regional Forum will be hosted by School of Business, the American University in Cairo, in 2016

The PRME Secretariat wishes to thank ESCA School of Management as the host, as well as the participants, for this successful event.

If you would like to participate in the activities of the PRME Chapter MENA please contact Prof. Ghada Howaidy at ghowaidy@aucegypt.edu. If you would like to receive more information on PRME Chapters, contact Florencia Librizzi, Manager Participants and Chapters, Legal & Policy Adviser, PRME Secretariat, UN Global Compact Office at librizzi@unglobalcompact.org.

11 Nov 2014

Three in four commitments to 2012 Higher Education Sustainability Initiative (HESI) implemented

(Nagoya, 9 November 2014) – Around three-quarters of all Higher Education Institutions (HEIs) having made a voluntary pledge as part of the Higher Education Sustainability Initiative (HESI) in 2012, were found to have made at least partial progress on their commitment, according to a preliminary report. The study to review the progress of the 272 HEI commitments made at the occasion of the Rio+20 Summit in Rio de Janeiro, Brazil, found that these commitments played an enabling role in mobilising HEIs towards ensuring a sustainable future. While the level of progress varied significantly among the committing institutions, this majority figure provides an optimistic outlook that these academic institutions are progressing on implementing the Education for Sustainable Development (ESD) agenda. The majority of institutions actively support sustainable development through education, research, operations and outreach programmes, demonstrating noteworthy patterns in the types of outcomes and the implementation methodologies used to achieve these outcomes. Tools leveraged by these institutions primarily included strategic plans, working groups and reporting.

The preliminary HESI progress report, conducted by the PRME Secretariat of the UN Global Compact Office, with comments from the HESI co-convening UN partners UN Educational, Scientific and Cultural Organization (UNESCO), UN Department of Economic and Social Affairs (UN DESA), UN Environment Programme (UNEP) and United Nations University (UNU), was issued at the occasion of the International Conference on Higher Education for Sustainable Development on 9 November, in Nagoya, Japan, and the following UNESCO World Conference on Higher Education for Sustainable Development: Higher Education Beyond 2014, taking place from 10-12 November 2014. The former was organised by UNU, in collaboration with UNESCO, PRME, UN DESA, UNEP and the International Association of Universities, and reflected on the achievements and challenges for education institutions in implementing ESD priority areas. The conference also served as a follow-up to the commitments made by participants of HESI. Here, the conference provided a unique opportunity to look back on the progress made, as well as critically examine the challenges and collaboratively develop pathways to scale their transformative impact.

For a copy of the progress report, please see here.

For further information, please contact:
Jonas Haertle
Head, PRME Secretariat
UN Global Compact
haertle@unglobalcompact.org

09 Nov 2014

Conference Declaration Renews Commitments to Higher Education for Sustainable Development for UNESCO Global Action Program

(Nagoya, 9 November 2014) - United Nations University (UNU) in partnership with the PRME Secretariat and other UN organisations and programs organised the International Conference on Higher Education for Sustainable Development: Higher Education Beyond 2014 in Nagoya, Japan. Marking the final year of the UN Decade of Education for Sustainable Development (DESD) 2005–2014, the conference celebrated achievements throughout the decade and reviewed commitments to education for sustainable development (ESD) beyond 2014. With approximately 750 participants from 66 countries, it highlighted the major challenges and pathways for transforming higher education, with a focus on mainstreaming innovative practices in learning, knowledge development, and research.

The conference was organised in collaboration with UNESCO, the UN Department of Economic and Social Affairs, the UN Environment Programme, the UN Global Compact Principles for Responsible Management Education initiative and the International Association of Universities (IAU). The co-organisers of the event were the Ministry of the Environment of Japan, the Ministry of Education, Culture, Sports, Science and Technology of Japan and Nagoya University.

The conference resulted in the Nagoya Declaration on Higher Education for Sustainable Development, in which conference participants reaffirmed and renewed commitments made within the framework of the UN DESD. The declaration also serves as a call upon world leaders to support the transformative role of higher education towards sustainable development, and to recognise the essential role and responsibility of higher education institutions (HEIs) towards creating sustainable societies. The declaration and the outcomes of the event were shared at the UNESCO World Conference on Education for Sustainable Development, also held in Nagoya on 10–12 November.

The conference opened with remarks by David M. Malone (Rector, UNU), Irina Bokova (Director-General, UNESCO), and other high-level speakers. In the first high-level panel on the “whole-institution approach”, Hans Van Ginkel (former UNU Rector) called for HEIs to implement a matrix organisation principle by which disciplines are connected through breakthrough science. The whole-institution approach to ESD would need to go beyond education and research in order to reach society more broadly.

Jonas Haertle, Head, PRME Secretariat said: "This conference emphasised that many UN partners are committed to advancing ESD beyond 2014 through promoting sustainability values in curriculum, research and thought leadership. We are committed to strengthening our networks and links between different UN engagement platforms."

Discussions following the panel sessions focused on advancing policy, transforming learning and training environments, building capacities of educators and trainers, empowering and mobilising youth, accelerating sustainable solutions at the local level, and links between academia and the business sector.

For more information on the event please visit the conference website. Presentation slides are available in the Related Files tab.

Contact:
Jonas Haertle
Head, PRME Secretariat
haertle@unglobalcompact.org

09 Nov 2014

October Recognition - New Signatories, SIPs & Contributions to PRME initiative

We are pleased to highlight contributing PRME participants for the month of October. We welcome new signatories and supporting organisations to the PRME initiative (13), congratulate signatories for submitting their Sharing Information on Progress (SIP) reports (17), and express our collective thanks to all participants that contributed financially (22) to the PRME initiative over the last month.

New Signatories & Supporting Organisations:

 

Sharing Information on Progress (SIP) reports:

 

Financial Contributions:

03 Nov 2014

PRME DACH Meeting results in launch of five projects to further embed PRME in German-speaking Europe

(Chur, Switzerland, 31 October 2014) The Responsible Management Education Research Conference, "The Future of Responsible Management Education," took place on 30 October 2014 at the University of Applied Sciences HTW Chur, Switzerland, offering a forum for research on the manifold initiatives and measures undertaken to implement PRME in business teaching for the future we want. In addition to distinguished keynote speakers the conference offered interactive sessions on theme-focused work streams around Responsible Management Education (RME) covering a broad spectrum of topics including poverty reduction and social business, anti-corruption and business integrity, sustainable economic growth, sustainability in food and agriculture, green economy and sustainable innovation as well as systems thinking, service-learning, and curriculum change. More than 170 participants from around 30 countries, and all seven continents, participated, establishing the basis for an on-going discourse for academics and students, as well as practitioners, on the core idea of furthering sustainable development through management education and responsible business conduct.

In addition to this conference, the established PRME Chapter DACH held their 2nd PRME Regional Meeting DACH on 31 October 2014. During this workshop, participants expressed their interest to continue working together and strengthening the engagement in the region, leading to the definition of the following projects and activities. 

Main activities and core value proposition of the established PRME Chapter DACH:

Many activities were discussed with the spirit of peer learning, towards strengthening the regional PRME community and collaboratively tackling barriers to responsible management, proposing the following projects for focus:

  • Analysis of the Mission Statements of the Universities on the light of PRME (Hochschulstrategie/Mission Statements)
  • Understanding Responsible Management Education in the DACH context (RME: Verstandnis im DACH-Kontext)
  • Curriculum Development (Entwicklung Curriculum/Programme)
  • Faculty Development (Weiterbildung)
  • Student perspectives
  • Holding the 3rd PRME Regional Meeting DACH in Frankfurt in 2015
  • Holding the 4rd PRME Regional Meeting and Research Conference 2016 at IMC University of Applied Sciences Krems

 

The PRME Secretariat wishes to thank HTW Chur as the host, as well as the participants, for this successful event.

If you would like to participate in the activities of the PRME Chapter DACH please contact Prof. Dr. Lutz Schlange at lutz.schlange@htwchur.ch. If you would like to receive more information on PRME Chapters, contact Florencia Librizzi, Manager Participants and Chapters, Legal & Policy Adviser, PRME Secretariat, UN Global Compact Office at librizzi@unglobalcompact.org

*** 

PRME DACH ebnet den Weg für fünf PRME-Projekte im deutschsprachigen Europa

(Chur in der Schweiz, 31. Oktober 2014)

Die Konferenz für Responsible Management Education Research, "Die Zukunft der verantwortungsvollen Managerausbildung," fand am 30. Oktober 2014 auf der Hochschule für Technik und Wirtschaft HTW Chur in der Schweiz statt und bot eine Forschungsplattform für die zahlreichen verschiedenen Initiativen und Maßnahmen zur Implementierung von PRME in der zukünftig angestrebten Wirtschaftslehre. Zusätzlich zu den herausragenden Keynote-Sprechern bot die Konferenz interaktive Sessions zu schwerpunktbasierten Arbeitsabläufen rund um verantwortungsvolle Managerausbildung (Responsible Management Education = RME) an und deckte damit ein breites Spektrum an Themen ab, inklusive der Bekämpfung von Armut, Social Business, Antikorruption und Geschäftsintegrität, nachhaltiges Wirtschaftswachstum, Nachhaltigkeit von Lebensmitteln und Landwirtschaft, grüne Wirtschaft und nachhaltige Innovationen, sowie systemorientiertes Denken, Lernen durch Engagement und Veränderungen im Curriculum. Mehr als 170 Teilnehmer aus über 30 Ländern auf allen sieben Kontinenten waren anwesend und bildeten gemeinsam die Grundlage für den weiterführenden Diskurs für Akademiker, Studenten und Teilnehmer aus der Praxis mit dem Hauptaugenmerk auf der Förderung nachhaltiger Entwicklung durch Managerausbildung und verantwortungsvolle Geschäftsabläufe.

Außerdem hielt am 31. Oktober 2014 die renommierte PRME Chapter DACH das zweite PRME Regional Meeting DACH ab. Während dieses Workshops verliehen die Teilnehmer ihrem Interesse an einer weiteren Zusammenarbeit zur Stärkung des regionalen Engagements Ausdruck, was zur Ausarbeitung der folgenden Projekte und Aktivitäten führte. 

Schwerpunkte und Kernprämissen der renommierten PRME Chapter DACH:

Die Schwerpunkte wurden im Sinne des "Peer-Learning" diskutiert, in Richtung der Stärkung der regionalen PRME-Gemeinschaft und der gemeinsamen Bemühungen zur Beseitigung der Barrieren auf dem Weg zu verantwortungsvollem Management. So wurden die folgenden Projekte als Schwerpunkte vorgeschlagen:

  • Analyse der Unternehmensleitbilder der Universitäten im Lichte der PRME (Hochschulstrategie/ Mission Statements)
  • Verständnis der verantwortungsvollen Managerausbildung im DACH-Kontext (RME: Verständnis im DACH-Kontext)
  • Entwicklung des Curriculums
  • Weiterbildung
  • Perspektiven für Studenten
  • Drittes PRME Regional Meeting DACH in Frankfurt im Jahr 2015
  • Viertes PRME Regional Meeting und Forschungskonferenz im Jahr 2016 an der IMC University of Applied Sciences Krems

Das PRME Sekretariat dankt sowohl dem Gasteber HTW Chur als auch den Teilnehmern für diese erfolgreiche Veranstaltung.

Sollten Sie sich an den Aktivitäten von PRME Chapter DACH beteiligen wollen, so kontaktieren Sie bitte Prof. Dr. Lutz Schlange unter lutz.schlange@htwchur.ch. Wünschen Sie mehr Informationen zu PRME Chapters, so kontaktieren Sie bitte Florencia Librizzi, Manager Participants and Chapters, Legal & Policy Adviser im PRME Sekretariat, UN-Büro des Global Compact unter librizzi@unglobalcompact.org.

 

31 Oct 2014

PRME & Giving Voice to Values award given for Outstanding Case Study on Anti-Corruption

(Austin, Texas, 25 October 2014) The winner of the award for Outstanding Case Study on Anti-Corruption, given by the Principles for Responsible Management Education (PRME) and Giving Voice to Values (GVV), was announced at the North American Case Research Association (NACRA) conference in Austin, Texas, on 25 October, 2014. Vasilia Kilibarda and Adam Waytz, of Northwestern University, took the prize for their case, "Through the Eyes of A Whistle-Blower: How Sherry Hunt Spoke Up About Citibank's Mortgage Fraud." The case, along with video supplements and teaching note is already scheduled for use in a number of business education settings.

The Outstanding GVV-Style Case on Anti-corruption Award was part of PRME’s efforts to promote anti-corruption as a topic to be integrated into curricula in business schools and higher education institutions around the world, as part of the Siemens Integrity Initiative. 

At the 2015 NACRA conference, NACRA and GVV will award another prize for the Outstanding Giving Voice To Values-Style Case Study. For more information, please contact: mgentile3@babson.edu

The Principles for Responsible Management Education (PRME) initiative of the United Nations Global Compact seeks to inspire and champion responsible management education, research, and thought leadership globally. Currently, over 500 business schools and management education-related institutions from 80 countries are signatory to the Principles. 

Giving Voice to Values (GVV) is an innovative, cross-disciplinary business curriculum and action-oriented pedagogical approach for developing the skills, knowledge and commitment required to implement values-based leadership. The unique pedagogy and curriculum has been piloted in hundreds of business schools and increasingly in companies and other settings as well, on all seven continents. For access to the curriculum, see www.GivingVoiceToValues.org.

Giving Voice To Values works in close collaboration with the Principles for Responsible Management Education.

25 Oct 2014

Aligning PRME with the UN’s Sustainable Development Goals framework – Call for Action launched at 3rd Global Forum for Business as an Agent of World Benefit

(Cleveland, 17 October 2014) – Participants at the 2014 3rd Global Forum for Business as an Agent of World Benefit workshop on Management Education and Action for Advancing Sustainable Development issued a Call for Action for management education, research and engagement to advance the proposed Sustainable Development Goals.

With the Millennium Development Goals (MDGs) set to expire next year a new framework is currently being developed under the name Sustainable Development Goals. The first draft, proposed by an Open Working Group of United Nations member states with the input from a number of stakeholder groups including business, comprises 17 goals. There are two main differences between these new goals and the MDGs. First, they target not only the needs and challenges of the developing world, but of the whole world. Second, the private sector is no longer an afterthought but a central partner in achieving the goals. With this work-in-progress as background, participants at the workshop, facilitated by Ángel Cabrera, President of George Mason University, discussed how business schools and higher education can take on a key leading role in pushing the new global development agenda. Some of the most far reaching ideas included the following calls for action for business schools and higher education institutions, especially those that have endorsed the Principles for Responsible Management Education (PRME):

  • Align education, research, and engagement agendas with key global development issues as being articulated in the UN’s new Sustainable Development Goals framework;
  • Embed new content and transformative learning approaches, including experiential learning, throughout the curriculum in order to develop the competencies necessary for business to tackle our major sustainable development goals;
  • Engage in new forms of action research around the major sustainable development issues we face and create new solutions to help business play a more effective role in multiple local contexts;
  • Play an active role as public opinion leaders, advisors, solution providers and facilitators to help business become an effective agent of sustainable development;
  • Act as impartial facilitators for and between business, government, and civil society.

See here for the Call for Action.

The workshop was part of the 2 1/2 days Flourish and Prosper: The Third Global Forum for Business as an Agent of World Benefit. Business executives, scholars, policymakers and entrepreneurs from around the world gathered in Cleveland from 15-17 October to discuss creative business practices and inspire local community members during this Global Forum. First held in 2006 and again in 2009, the Global Forum was started by David Cooperrider and Ron Fry, both professors of organizational behavior at Case Western Reserve University’s Weatherhead School of Management. The Global Forum brought together more than 650 participants to discuss topics such as education, water, energy, health and well-being, and the economy. In addition to panel discussions, the forum included interactive workshops and eight mini design summits. These ranged from agriculture and energy to metrics, the circular economy, cities, consciousness of connectedness and pioneering work on a U.S. Grand Strategy along with a new prizing project to showcase Business as an Agent of World Benefit. Plans are under way to present outcomes of the prizing project at the 15th anniversary event of the UN Global Compact and the 2015 PRME Global Forum in June 2015 in New York.

During the 2006 Global Forum for Business as an Agent of World Benefit, discussions among participants led to the origins of the Principles for Responsible Management Education. “That effort at the UN has grown and there are more than 500 different business schools from around the world that are a part of PRME. That’s an outstanding example,” said Roger Saillant, executive director of The Fowler Center for Sustainable Value at the Weatherhead School.

For more information, please contact:

Jonas Haertle
Head, PRME Secretariat, UN Global Compact
haertle@unglobalcompact.org

17 Oct 2014

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Sending News Items to PRME

Participating academic institutions are welcome to send relevant news (to be published worldwide) to:

Email: