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News - Most Recent

UN Global Compact’s Outgoing Director to Join Board of Values-Based Asset Management Firm

(New York, 31 August 2015) – Today, after 15 years at the helm of the world’s largest corporate sustainability initiative, Georg Kell will step down as Executive Director of the UN Global Compact, the organization he helped found in 2000 and which he has built into a global movement over the past decade.

Mr. Kell will join Arabesque Partners, the Anglo-German asset management firm, as Vice Chairman-designate.  Arabesque, which bills itself as a “values-based asset management firm”, uses the UN Global Compact principles, as well as environmental, social and governance (ESG) information to direct its core business of portfolio management.

Commenting on Mr. Kell’s new role, Arabesque Chairman Dr. Robert G. Eccles said: “Georg has a unique understanding of companies’ environmental, social and governance (ESG) issues around the globe. The integration of such nonfinancial information into Arabesque’s quantitative models is at the core of our work. His many years of experience as the leader of the UN Global Compact will be invaluable to us.”

In a farewell message to the Global Compact’s over 13,000 participants, Mr. Kell expressed his excitement for this new venture, noting: “It is my aspiration to help create the next generation of asset management and thereby firmly establish the business case for the UN Global Compact. I have no doubt that winning over the world of finance is key to achieving market transformation.”

Additionally, as a founder of the UN Global Compact, Mr. Kell will remain involved as a Senior Policy Adviser to the initiative, supporting the new Executive Director, Lise Kingo, who will begin her appointment on 1 September.

31 Aug 2015

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

We are pleased to highlight contributing PRME participants for the month of July. 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 (20) to the PRME initiative over the last month. 

New Signatories:

Sharing Information on Progress (SIP) reports:  

Financial Contributions:

05 Aug 2015

14 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 14 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, 71 institutions have been delisted for failure to comply.

The SIP policy was developed based on the consensus reached at the 1st PRME Global Forum for Responsible Management Education in 2008, and has been updated in consultation with the PRME Working Group on SIP and PRME Advisory Committee in 2015. The updated policy was endorsed by the 2015 Global Forum for Responsible Management Education – 6th Annual Assembly in the Outcomes Declaration.

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 willing 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 the first half of 2015, more than 49 organisations joined the initiative, bringing the total of participants to 626 active participants from 82 countries.

Delisted 3 August 2015 (in alphabetical order):

  1. Chitkara University
  2. College of Business Administration, Abu Dhabi University
  3. Davis College of Business, Jacksonville University
  4. Faculty of Management and Law, University of Surrey
  5. Federal University of Parana (UFPR)
  6. Grupo Educacional Uninter
  7. International Business School, Vilnius University
  8. Marlboro College Graduate School
  9. MISTC Busines
  10. Namibia Business School, University of Namibia
  11. School of Business, Pacific Lutheran University
  12. Seoul School of Integrated Sciences & Technologies (aSSIST)
  13. St. Linus University
  14. Unisa Graduate School of Business Leadership

 

Click here for an overview of delisted signatories.

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

 

 

03 Aug 2015

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

We are pleased to highlight contributing PRME participants for the month of June. We welcome new signatories and supporting organisations to the PRME initiative (5), congratulate signatories for submitting their Sharing Information on Progress (SIP) reports (27), and express our collective thanks to all participants that contributed financially (43) to the PRME initiative over the last month. 

New Signatories:

Sharing Information on Progress (SIP) reports: 

Financial Contributions:

05 Jul 2015

Global Compact Companies Send Clear Message in UN General Assembly: More Businesses Need to Take Responsibility for Achieving a Better World

(New York, 25 June 2015) – On the third and final day of the United Nations Global Compact’s 15th anniversary event, global business leaders met with Governments in the historic UN General Assembly Hall to demonstrate the growing, strategic role that the private sector plays in solving our world’s greatest challenges.

The UN General Assembly President Sam Kutesa and UN Secretary-General Ban Ki-moon welcomed over 1,000 people, including the world’s top CEOs and high-level Government representatives to the UN, to review progress made through the global corporate sustainability movement and show the potential for responsible business to help advance sustainable development moving forward.

With the United Nations launching global Sustainable Development Goals (SDGs) in September, corporate leaders shared how businesses are operating and innovating in ways that support societal priorities, and also emphasized the need for Governments to enable and incentivize corporate sustainability, including through putting a price on carbon and calling for all public procurement to be transparent.

Addressing participants, UN Secretary-General Ban Ki-moon noted the growing role of business in advancing United Nations objectives stating that “by respecting and supporting universal principles in operations, and by pioneering new business models and forming innovative partnerships, enlightened business leaders are poised to make long-lasting contributions to the cause of global sustainability.” While marking important progress, the Secretary-General underscored that serious challenges remain for billions of people and our planet. He urged more companies to pick up the pace and deepen their commitment to sustainability.

The day featured addresses by business and business education leaders, including: Henrik Madsen, CEO of DNV GL; Paul Bulcke, CEO of Nestlé; Monica de Greiff, President of Chamber of Commerce of Bogota; Paul Polman, CEO of Unilever; Yılmaz Argüden, Chair of Global Compact Network Turkey; Fu Chengyu, Chairman of Global Compact Local China; Erika Karp, Founder and CEO of Cornerstone Capital Inc; and Dov Seidman, Founder and CEO of LRN

Also addressing the audience were key voices from civil society, labour and academia, including Mary Robinson, former President of Ireland and President of the Mary Robinson Foundation - Climate Justice; Julia Christensen Hughes, Dean of College of Business and Economics, University of Guelph, Canada; and Jyrki Raina, General Secretary of IndustriALL Global Union.

The UN General Assembly session concluded a range of events marking fifteen years since the launch of the Global Compact, which represented a major shift within the United Nations to invite new actors – particularly business – to the table in the quest to address global challenges. The Global Compact is today the world’s largest voluntary initiative for corporate responsibility, with over 13,000 companies and other stakeholders based in 170 countries.

The past three days have seen over 1,200 representatives of business, civil society, labour, Government, the UN, academia and the investment community take stock of a decade and a half’s work on environment, social and governance issues – as well as staking the course for the future.

Summing up the UN General Assembly session and the week’s events, Georg Kell, Executive Director of the UN Global Compact stated, “Businesses around the world are awakening to their role in society and have started making important strides to operate more responsibly and innovate for a greener and more sustainable future. But there is still a long way to go. We need companies everywhere to step up to the realities of our time, understanding that healthy societies and healthy markets go hand-in-hand.”

Global report on impact of corporate sustainability

At the event, a new report, Impact: Transforming Business, Changing the World, was launched providing one of the most comprehensive analyses on the impact of corporate responsibility. Produced by DNV GL, a world-leading classification/certification body and technical assurance provider, the report finds that today it is almost impossible for a global company to avoid having environment, social and governance issues on its agenda, contrary to the state of the business world in 2000.

Among the report’s key findings is a major shift in global perceptions of the role of business in society, as well as a critical initiation of the investment community. It concludes that the UN Global Compact has had a profound impact in driving corporate sustainability globally, having strengthened the enabling environment for responsible business in 170 countries.

The study also examines the change in corporate practices over time, and to what extent the Global Compact and its programmes – in particular the Women’s Empowerment PrinciplesCaring for ClimateBusiness for Peace and the CEO Water Mandate – have created actionable agendas for business.

“Our assessment shows that the UN Global Compact, as the world’s largest sustainability initiative, and the business community have had an impact on the development of sustainability over the past 15 years. I'm certainly optimistic about the willingness of business to be a partner in solving the serious problems of today’s world and to lead us onto a sustainable pathway. The assessment shows that most business leaders now have sustainability on their agenda,” says Dr. Henrik O. Madsen, Group President & Chief Executive Officer at DNV GL.

Outlining pathways for future transformation, the assessment stresses the need to revitalize corporate sustainability efforts in order to maintain momentum and scale up impact. A key part of this work will be the forthcoming SDGs, which are expected to play an important role in framing global policies and agendas in the next 15 years. The report predicts that the Global Compact Local Networks will play an essential role in facilitating action and partnerships on the ground to implement the SDGs.

The report is built on an analysis of over 1,500 Global Compact survey respondents, 30 interviews with top executives and more than 180 in-depth interviews with people from business, civil society, academia and government.

26 Jun 2015

Chancellor Yunus to address 2015 UK & Ireland PRME Conference at GCU

Glasgow Caledonian University (GCU) Chancellor Professor Muhammad Yunus will deliver a keynote address at the 2015 UK & Ireland PRME Conference, which will be held at the University on Monday, June 29 and Tuesday, June 30.

The two-day conference aims to create a forum to bring together advocates of responsible citizenship, management and leadership from universities and institutions across the UK and Ireland.

Chancellor Yunus, Nobel Laureate and world thought leader in social business, will address delegates in a keynote address entitled 'Reflections on Social Business,' which will be chaired by GCU Principal and Vice-Chancellor Professor Pamela Gillies CBE.

The programme will include sessions on social innovation, led by GCU’s Professor Simon Teasdale and Professor Olinga Ta'eed of the University of Northampton, and on 'Business as a Force for Good,' led by Jane Wood, CEO of Scottish Business in the Community; Richard Taylor, Director of Communications at Scottish Power; and Sefton Laing, Head of Sustainability Services at the Royal Bank of Scotland.

GCU became a signatory to PRME in January 2012. The University’s participation, led by Glasgow School for Business and Society, demonstrates its commitment to ensure that the PRME principles are central to teaching, learning, and research across all disciplines.

GCU is a founding member of the PRME Chapter UK & Ireland, which was established in 2014, and now has 56 members. The Chapter’s remit is to work with higher education institutions and related bodies to support the integration of PRME in the UK and Ireland.

Dr Alec Wersun, Senior Lecturer in Glasgow School for Business and Society, is Vice-Chair of the UK & Ireland Chapter of PRME. He said:

The 2015 UK & Ireland PRME Conference comes straight after the PRME Global Forum in New York and just months before the UN General Assembly announces its plans to address further the structural drivers of poverty, inequality and unsustainable development by 2030.

 The potential of higher education institutions to make significant contributions to this UN agenda is widely acknowledged, be that through research, community engagement and education, to produce the responsible citizens and leaders of tomorrow.

Hosting the conference is further recognition of the leading role that GCU is playing in this area and of its commitment to deliver economic and social benefits at home and across the world. It is important that higher education institutions and business come together to discuss such matters of importance and GCU is delighted to create a space where these important conversations can take place.

The conference is open to academic and non-academic audiences and is not limited to members of the PRME Chapter UK & Ireland or signatories of PRME. It will take place in the University’s Centre for Executive Education (CEE).

25 Jun 2015

Management Education, Business and Government Leaders Met at PRME Global Forum to Celebrate and Reaffirm Commitment to Sustainable Development

(New York, 25 June 2015) – Over four hundred participants from higher education institutions, business, government, and civil society gathered at the 2015 Global Forum for Responsible Management Education – 6th PRME Assembly in New York, welcoming 137 new participants that have joined PRME since the last global meeting in Bled in September 2013, celebrating the ongoing work of the regional PRME Chapters, PRME Champions and PRME Working Groups, and addressing the path forward for management education and business to take a leading role in shaping and achieving the global sustainable development agenda.

On the growth of the PRME, Jonas Haertle, Head of the PRME Secretariat noted that “the PRME initiative, now in its eighth year, is a thriving network and a truly global platform for learning and action…[comprised of] over 600 institutions in over 80 countries, all of which have heeded our call to ‘place sustainability at the heart of management education.’” Over the last one and a half years, 18 PRME Chapter and Regional Meetings have been held, with new PRME Chapters now reach 12 around the world and new resources and tools have been launched, such as the Anti-Corruption Toolkit developed by the PRME Working Group on Anti-Corruption in Curriculum Change with the support of the Siemens Integrity Initiative, and the PRME Chapter UK & Ireland region-specific Inspirational Guide for the Implementation of PRME. Also in this time, many collaborations have taken place including the PRME Champions meeting with the Global Compact Board, the Principles for Responsible Investment (PRI) Advisory Council, and ambassadors at UN Headquarters to discuss the historic opportunity that business has to shape and advance the post-2015 development agenda. 

At the PRME Global Forum new PRME Workstreams were launched on Business for Peace, Business and Human Rights, and Climate Change, Resilience and Environment Protection. The Forum also saw the launch of the Flourish Prizes project, which was initiated at the 2014 Business as an Agent of World Benefit conference. The PRME Advisory Committee—which enables signatory institutions and the different constituencies of PRME to directly influence the strategic direction of the PRME initiative—met, and committed to work together with the PRME Steering Committee to jointly revise PRME's strategy, in light of learnings from the initial eight years of PRME and in an effort to focus PRME's work for the coming three to five years.

In a Declaration issued at the conclusion of the 2015 Global Forum for Responsible Management Education, participants reaffirmed support for PRME, made commitments to enhance the quality of the PRME initiative individually, institutionally and collectively as a community, and called for governments, business leaders, accrediting bodies, rankings providers, and UN system entities to support management educators in their key role in developing future leaders and helping to achieve the Sustainable Development Goals (SDGs).

Throughout the development of the proposed SDGs, higher education institutions, and management schools in particular, have emerged as one of the core focus areas in discussions on the required architecture for achieving the goals. In her closing statement at the PRME Global Forum, Susana Malcorra, Chef de Cabinet, spoke on behalf of UN Secretary-General Ban Ki-moon, saying, “today, I am encouraged to see the progress you have made—individually, at your academic institutions, and as a community” and recognising that “as educators, researchers, and thought leaders, your role [in achieving the SDGs] is essential.”

25 Jun 2015

Higher Education Institutions Recognised for Excellence in Reporting (2015)

(New York City, 23 June 2015) – Seven higher education institutions were recognised for their excellent efforts in reporting at the official reception of the 2015 Global Forum for Responsible Management Education, hosted and sponsored by Glasgow Caledonian University New York. Two categories—first-time Sharing Information on Progress (SIP) reports, and not first-time SIP reports submitted (on time) between July 2013 to March 2015—were entered for review.

In both categories, multiple reports were selected for recognition. Among many exemplary reports, those selected stood out for the reasons listed below. They are both stand-alone reports as well as integrated reports, and vary in the structure used to report on how they implement the Six Principles. The recognitions were granted after a peer review process conducted by members of PRME Working Group on SIPs, facilitators Giselle Weybrecht and Jose Manuel Alcaraz, discussion leaders, and Katie Simon and Florencia Librizzi from the PRME Secretariat. The institutions recognised on the occasion of the 2015 PRME Global Forum are listed below, in no particular order. 

First time Category

Groupe Sup de Co La Rochelle/La Rochelle Business School (France)

Link to report: http://www.unprme.org/reports/LaRochelleBusinessSchoolPRMEProgressReport.pdf

La Rochelle Business School offers a thoughtful and substantive report. In particular, this report incorporates a thorough assessment of La Rochelle’s impact—particularly for a first-time report—with both qualitative and quantitative indicators. Building off of these assessments, the report highlights future objectives accompanied with a strategy to scale their impact. In addition, the report incorporates a clear integrated sustainability strategy, with supporting visual graphics.

Haas School of Business, University of California, Berkeley (United States)

Link to report: http://www.unprme.org/reports/BerkeleyHaas2013PRMEREPORT.pdf 

Haas School of Business’s report is an organised, thorough report. Notable about this report is how it effectively structures and highlights its activities. In particular, under every Principle section, the report lists its Key Accomplishments and Future Objectives. In addition, the report allows the reader to grasp the scope and depth of Haas’s activities with its selected detailed and diverse examples, notably those in the Research Section.

Reykjavik University Business School (Iceland)

Link to report: http://www.unprme.org/reports/PRMEReport2014ReykjavikUniversity.pdf

Reykjavik University Business School’s report is a strong example of an engaging and reader-friendly report. With accompanying graphics and photos, this report effectively communicates its many SIP-related activities in a concise, visually-appealing manner, which demonstrates how an SIP can be a powerful communication tool for stakeholders. Particularly notable is its engagement of different stakeholders in the report: the report routinely highlights examples and quotes from students, professors, and others.

Non first-time Category

Copenhagen Business School (Denmark)

Link to report: http://www.unprme.org/reports/CBS2015.pdf

Copenhagen Business School’s SIP exemplifies thoughtful impact assessment and reflection of its PRME-related activities, with accompanying examples and indicators effectively highlighted throughout the report. Particularly noteworthy about this report is how it engages a wide range of stakeholders. Quotes and contact information of the individuals involved in various activities are listed throughout the report, demonstrating how the SIP is used both for internal and external purposes. 

Hanken School of Economics (Finland)

Link to report: http://www.unprme.org/reports/PRME2014pagesresized.pdf

Hanken School of Economics’ SIP is a thoughtful, strategic report. The report demonstrates a clear, integrated sustainability strategy, which ties smoothly to the activities described throughout the report. The reflection incorporated throughout the report is clear, with organized, appealing tables concisely outlining previous goals, the progress made on those goals, and future goals at the end of each section.

 KEDGE Business School (France)

Link to report: http://www.unprme.org/reports/KEDGEBSActivityReport20122013.pdf 

KEDGE Business School’s SIP is a strong example of an effective integrated report, with clear ties to the mission and Principles of PRME. The report demonstrates a comprehensive impact assessment of its sustainability activities, highlighting a range of both qualitative and quantitative indicators in reader-friendly tables and visuals. To add, the report is inviting and readable with an innovative structure, organised around the institution’s three core values: Create, Share, Care.

 Universidad del Pacifico (Peru)

Link to report:http://www.unprme.org/reports/PRMEUniversidaddelPacfico20122013VF.pdf

Universidad del Pacifico’s SIP is an organised, reflective report. The report provides comprehensive summaries of their activities under the Six Principles, as well as the “Seventh” Principle (Organisational Practices), in a clear manner with accompanying tables. In addition, the SIP concisely details the impacts of their activities using tables and indicators. The future objectives listed at the end are also thorough.

Reports worth a read in each region (2015) 

To better enable signatories to learn good practices and tools from others in their communities, an additional two examples of good reporting from each region have been identified. The list of reports from each region can be found here.

23 Jun 2015

1st Chartered Annual PRME Chapter Meeting Nordic: Strengthening the Chapter and further exploring collaboration

1st Chartered Annual PRME Chapter Meeting Nordic: Strengthening the Chapter and further exploring collaboration

Copenhagen, 9 June 2015- The PRME Chapter Nordic convened for the first time since becoming officially chartered in December 2014. Hosted by Copenhagen Business School (CBS) and arranged by PRME Chapter Secretariat Hanken School of Economics, the meeting coincided with the CBS arranged conference Sustainability in a Scandinavian Context, which created good synergies for the meeting. The PRME Chapter Meeting Nordic saw particpants from 7 out of 9 of the Chapters member schools: Aarhus University, School of Business and Social Sciences (DEN);  Aalto University School of Business (FIN); Copenhagen Business School (DEN); Hanken School of Economics (FIN); Jönköping International Business School (SWE); Reykjavik University School of Business (ISL); and Turku School of Economics (FIN) had representatives present. Additionally the meeting was atteended by representatives of two other PRME members from the Nordic region, BI in Norway and SSE from Sweden. We hope to welcome these schools soon to becoming members of the regional PRME Chapter.

During the meeting the member schools presented the most important progress and developments that had occurred in 2014. In more extensive presentations, CBS presented the preliminary finding of the PRME Champions project of Faculty Development, Hanken School of Economics presented the other schools with the new SIP rubrics, and Sara Krüger-Falk from presented the progress and work of Global Compact Network Nordic. Mary Gentile from Babson also had a session where she presented the Giving Voice to Value (GVV) method.

The meeting was rounded up with a workshop on two concrete collaboration projects for the Nordic Chapter A) Closer collaboration with Global Compact Nordic Network B) A common collaborative MOOC or rather DOCC (distributed open collaborative course) were agreed upon. A timeline for both projects were created. For A) it was further agreed that an informal Nordic Chapter meeting should be arranged in Helsinki in December when the GCNN have their meeting, a long-term plan is to start arranging the PRME Chapter Nordic meetings in conjunction with the GCNN meetings to facilitate collaboration opportunities. BI, Aalto and Hanken took ownership for arranging the December meeting. In regard of B) the plan is for a roll out of the PRME Nordic MOOC/DOCC in the fall of 2016. Hanken took ownership of the issue and will conduct a survey in August with the participating schools in order to map existing technical resources and needs.

09 Jun 2015

Academic, Business and Government Leaders Worldwide to Identify Best Practices for Integrating Sustainability and Responsibility into Business Education

(New York, 3 June, 2015) – The 2015 Global Forum for Responsible Management Education 6th PRME Assembly, hosted by the PRME Secretariat of the UN Global Compact Office, will be held June 23-25, 2015 in New York bringing together leaders in academia, business, government and civil society, to discuss and identify best practices for integrating sustainability and responsibility into management education. The PRME initiative facilitates organisational change, inspiring and recognising higher education institutions that embed corporate responsibility and sustainability into their curricula - thereby producing business leaders equipped to manage the complex challenges facing business and society. This year a key discussion point will be the involvement of business and management education in contributing to the forthcoming UN Sustainable Development Goals (SDGs).

Since its launch in 2007, 600+ institutions have signed up to PRME, including the University of California, Berkeley, Haas School of Business who have successfully integrated sustainability into project courses where students can apply what they have learnt in innovative ways:

"At the Haas School of Business, students are not just learning about the issues (e.g. with our Global Megatrends course) but are also exploring, testing, and even putting into place innovative solutions to the world's business challenges, through, for example, our "Intrapreneurship for Sustainability" course." Christina Meinberg, Associate Director, Center for Responsible Business, University of California, Berkeley, Haas School of Business, USA

To learn more about joining PRME and/or the UN Global Compact, please visit: http://www.unprme.org/how-to-participate.  

To view the agenda of the 2015 PRME Global Forum visit: http://www.unprme.org/global-forum. 

About the PRME Initiative

The mission of the Principles for Responsible Management Education (PRME) initiative is to inspire and champion responsible management education, research and thought leadership globally. The PRME are inspired by internationally accepted values such as the principles of the United Nations Global Compact. They seek to establish a process of continuous improvement among institutions of management education in order to develop a new generation of business leaders capable of managing the complex challenges faced by business and society in the 21st century.

In the current academic environment, corporate responsibility and sustainability have entered but not yet become embedded in the mainstream of business-related education. PRME therefore provides a timely global call for business schools and universities worldwide to gradually adapt their curricula, research, teaching methodologies and institutional strategies to respond to the new business challenges and opportunities. By teaching current and future business leaders, management educators are uniquely positioned to facilitate the transition to a sustainable future. As the business sector increasingly demands an understanding of sustainability, educational institutions must adapt in order to produce graduates equipped for a changing business environment.

Taking the Six Principles as a guiding framework, any institution that is willing to integrate corporate responsibility and sustainability in a gradual and systemic manner is welcome to join the initiative. PRME was initially developed in collaboration between the United Nations Global Compact and representatives of business education. The Six Principles were first unveiled at the UN Global Compact Leaders Summit in July 2007. There are currently over 600 organisations signed up to the PRME initiative.

03 Jun 2015

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

We are pleased to highlight contributing PRME participants for the month of May. We welcome new signatories and supporting organisations to the PRME initiative (17), congratulate signatories for submitting their Sharing Information on Progress (SIP) reports (16), and express our collective thanks to all participants that contributed financially (86) to the PRME initiative over the last month. 

New Signatories:

Sharing Information on Progress (SIP) reports: 

Financial Contributions:

02 Jun 2015

UN Global Compact Executive Director Addresses South Korean Business School Students at the World Education Forum

(Incheon, 21 May 2015) – The World Education Forum, organised by UNESCO and hosted by the Republic of Korea’s Ministry of Education in Incheon, convened 1,500 participants from the global education community – including government ministers from more than 100 countries, civil society, youth groups and the private sector. The Forum set out to take stock of progress made on the Dakar Framework for Action adopted in 2000 and the Education for All initiative, and to prepare a new education agenda to ensure quality learning for all by 2030.

The Education 2030 Framework for Action, which will guide implementation, highlights the important role the private sector can play in supporting governments in delivering on the right to education. The UN Global Compact jointly co-organised with the Global Business Coalition for Education (GBC-Education) a session to explore how business can coordinate action with education partners to achieve the 2030 education agenda. Panelists as well as members of the audience underscored the value of dialogue between different stakeholders for building trust to drive effective learning through scalable and sustainable education solutions.

The Forum concluded with the adoption of the Incheon Declaration and public commitments made by UN and other partners to deliver on the 2030 education. Georg Kell, Executive Director, UN Global Compact stated, “Year after year business views education as a top development priority. The UN Global Compact is committed to working together with UNESCO and UN partners to support this important issue.”

A collection of case examples jointly developed with GBC-Education, Investing in Education: Lessons from the Business Community, was launched on this occasion. The publication aims to inspire and guide business investments in education.

Earlier in the week, Georg Kell visited Sogang Business School, a signatory of the UN Global Compact and the Principles for Responsible Management Education (PRME). He spoke to students on the growing relevance for business to internalise corporate responsibility in order to achieve long-term success. PRME engages academic institutions to champion responsible management education and is leading the work in Education for Sustainable Development in the context of the post-2015 development agenda.

24 May 2015

2015 PRME Global Forum — The Flourish Prizes Launch

Participants of the 2015 PRME Global Forum are invited to join an interactive workshop for the introduction of The Flourish Prizes: a global learning initiative powered by students to share stories about radical business innovations that uplift humanity. Inspired by the UN Sustainable Development Goals, the Flourish Prizes are inviting business students worldwide to showcase their discoveries on a dynamic online platform powered by the technology partner myActions.com. Hear results from the Spring 2015 pilot with 24 professors from 13 countries on 5 continents, and learn how your school and students can join in Fall 2015.

Several professors engaged in the pilot of the Flourish Prizes will be in attendance to share their students' experiences. Professor Amelia Indrajaya Januar of the IPMI International Business School in Indonesia has energized 55 students to locate innovations, conduct in-person interviews and submit stories. And Professor George Dionne of the IESDE Business School in Mexico reports that his students are very excited about the process and are conducting Appreciative Inquiry interviews to learn about business model and technology innovations in their community.

All 2015 PRME Global Forum attendees are invited to attend this action-learning workshop and to take part in discovering and sharing student-discovered stories about business as an agent of world benefit. The Flourish Prizes workshop session will be held 23 June from 1-3pm.

14 May 2015

New Global Compact Webinar Series on Board Adoption & Oversight of Sustainability

Join one of three upcoming Global Compact Webinars on Board Adoption & Oversight of Sustainability.

Board adoption and oversight of corporate sustainability, while on the rise in some respects, continues to represent an area of tremendous opportunity for most companies. By embedding sustainability within its core duties – notably setting the strategic course, managing and monitoring risk, leading executive recruitment, and determining remuneration – Directors are uniquely positioned to ensure the full mainstreaming of sustainability into business strategy and practices in a way that will support the long-term profitability and viability of the company.

Building on the resources and tools developed for the new Global Compact Board Programme, we invite you to join us for an interactive webinar series carried out in three parts, featuring conversations with world class experts on why corporate sustainability is a Board-level concern and what role Boards should play. 

Program Overview

14 May 2015, 8:00-9:00am (ET)/14:00-15:00 (CET)

Part I: Sustainability belongs on the agenda of Boards of Directors

  • What is the business imperative for sustainability? 

  • How is the Board uniquely positioned to drive the sustainability agenda? 

  • What are the challenges and opportunities relative to the increasing expectations of the role of the Board? 

28 May 2015, 8:00-9:00am (ET)/14:00-15:00 (CET)

Part II: The Role of the Board on Sustainability 

  • What are the most important roles and responsibilities of a Board in overseeing and driving sustainability? 
  • How do these roles complement the ones of executive leadership?
  • What are the challenges related to these increasing expectations?

9 June 2015, 11:00-12:00am (ET)/17:00-18:00 (CET)

Part III: Organising for Sustainability

  • What are the pros and cons of a dedicated Board committee on sustainability? 
  • What are the key skills needed on the Board of the future? 
  • How can Board diversity benefit progress? 

This complimentary webinar series is open to all Global Compact, PRME and PRI signatories.

To see more information on featured speakers and to secure your participation through registration, see here. Whether you plan to participate in all or one, we encourage you to engage with the speakers in advance by submitting any questions or comments you may have to lead@unglobalcompact.org.

06 May 2015

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

We are pleased to highlight contributing PRME participants for the month of April. We welcome new signatories and supporting organisations to the PRME initiative (5), congratulate signatories for submitting their Sharing Information on Progress (SIP) reports (15), and express our collective thanks to all participants that contributed financially (2) to the PRME initiative over the last month. 

New Signatories:

Sharing Information on Progress (SIP) reports: 

Financial Contributions:

01 May 2015

PRME Working Group on Gender Equality Webinar – 28 April 2015

20 Apr 2015

Deadline for Call for Papers Extended – 22nd Annual International Vincentian Business Ethics Conference (IVBEC)

22nd Annual International Vincentian Business Ethics Conference (IVBEC) 

UN Global Compact and UN PRME:

What We Practice and What We Teach in Business Ethics

St. John’s University, New York will host the International Vincentian Business Ethics Conference in 2015, on 22-24 October in New York City, attracting leading academics to examine, discuss and develop the role of Business Ethics in economic, political, corporate and social life today. 

The theme of the IVBEC 2015 conference, UN Global Compact and UN PRME: What we Practice and What We Teach in Business Ethics, addresses topics in all areas of business and professional ethics. Keynote addresses by UN and business leaders, panel sessions, academic paper sessions and paper development workshops will be used to spur discussion amongst conference participants on ethics and ethical decision making in business.

As the United Nations works toward a September 2015 deadline to establish post-2015 Sustainable Development Goals, the theme of the conference will focus on how business education and business practices align to foster responsible management of organisations in a sustainable future. Proposals are encouraged that relate to the intersection of Business Ethics and the role that the UN Global Compact and the UN Principles of Responsible Management Education (PRME) play in sustainable and inclusive development within a global context.  

In addition to the general theme for the keynote and plenary sessions, the conference is organised in broad topical areas based on proposed submissions.

The conference is looking for submissions from business professionals, academics and young scholars who have an interest in and commitment to the study and discussion of business and professional ethics. See full details on the Call for Proposals here. For further details on the conference itself, see their event page here.

17 Apr 2015

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

We are pleased to highlight contributing PRME participants for the month of March. We welcome new signatories and supporting organisations to the PRME initiative (8), congratulate signatories for submitting their Sharing Information on Progress (SIP) reports (13), and express our collective thanks to all participants that contributed financially (-) to the PRME initiative over the last month. 

New Signatories:

 Sharing Information on Progress (SIP) reports:

01 Apr 2015

The Flourish Prizes Pilot Launches to Discover Radical Innovations

(Cleveland, 27 March 2015) The next phase of The Flourish Prizes for Business as an Agent of World Benefit kicked off 26 March with two global WebEx conferences, bringing together 32 professors in 19 countries.  

David Cooperrider and Ron Fry co-hosted the calls to introduce The Flourish Prizes to the professors in the pilot group, who have stepped up to help test and improve The Flourish Prize’s interactive learning process with their students. Using Appreciative Inquiry interviews, their students will track down stories of radical business innovations globally, and then submit these “Business for Good” stories into a dynamic online platform. 

Cooperrider and Fry explained that these inspiring stories of business innovation will become nominations for The Flourish Prizes awards, to be honored at the Fourth Global Forum in 2017 along with the students who discovered them and their faculty members who coached them.

Jonas Haertle, Head, PRME Secretariat, also joined the call as a founding partner of The Flourish Prizes. Many of the professors in the pilot are affiliated with one of the almost 600 PRME-signatory schools that are committed to developing the next generation of business leaders for a more just and flourishing world.

Haertle invited all the pilot’s participants and their Deans to attend PRME’s June 2015 Global Forum in New York City, where The Flourish Prizes will be featured in a working session.

Joe Kane and Roberta Baskin from The Flourish Prizes Core Team facilitated the calls, with the technology assistance of Suzanne Healy from the Information Technology Group at Case Western Reserve University.

During the 2-hour calls, offered twice to accommodate global time zones, the professors learned about the history of Business as an Agent of World Benefit and its roots at the United Nations. They also heard about the World Inquiry Innovation Bank that was started several years ago to house stories of radical business innovations for good.

As part of the pilot, the professors will invite their students to try out the story generation methodology and submit the stories they discover about radical business innovations as nominations. Pilot professors have already received customisable materials, developed by Cooperrider and Fry, to help them incorporate The Flourish Prizes into their curriculums and classrooms.

The Flourish Prizes stands apart because the winning innovations are being discovered, nominated and submitted by business school students, initially at PRME signatory schools. Beyond recognition, these awards are designed to have a vastly greater learning impact than other prestigious awards. The team at Case Western Reserve University is creating an integrated partnership with participation by hundreds of business schools across a global learning platform (powered by MyActions.org) that will become the world's largest resource for innovations.

Speaking about the pilot’s launch, Baskin explained, “There's a more hopeful future in recognising there's profit in doing good. I want to shine a bright light on those stories.”

To learn more, watch videos, and to sign up for our monthly e-newsletter, please visit FlourishPrizes.com.

27 Mar 2015

PRME Chapter Brazil plans its year ahead and its presence during the 2015 PRME Global Forum

(Ribeirão Preto, São Paulo, 18 March 2015) – The PRME Chapter Brazil, launched on 8 August 2013, hosted their first official meeting of the year at FEA/RP – USP in Ribeirão Preto, São Paulo, Brazil.  

The meeting was very productive to further develop and plan the activities of this PRME Chapter, including three additional Chapter Meetings and its presence at the 2015 PRME Global Forum. Consistent with the main goal of this Chapter of promoting corporate sustainability and responsible management education; as well as contributing with the ongoing debate on management practices and innovative management education, the main outcomes of this meeting include:

  • Setting up the agenda of official PRME Chapter Meetings for the rest of the year:
    o The 2nd PRME Chapter Meeting Brazil of the year will be held on 2 June at Fundação Dom Cabral in São Paulo;
    o The 3rd meeting will be held on 21 July at SESI/PR in Curitiba; and  
    o The 4rd meeting will be held on 10 November at ISAE in Curitiba
  • PRME Chapter Brazil communication materials: Diverse communication materials and measures (including a PRME Chapter Brazil website and other resources) are being developed in order to promote PRME. These developments will be launched at the PRME Global Forum.
  • Sustainable Games: The PRME Chapter Brazil has committed to disseminating information on the Sustainable Games competition in order to have a number of representative Brazilian participants in this activity.
  • 2015 Global Forum for Responsible Management Education: It was emphasized during the meeting the importance of the members of the PRME Chapter Brazil to participate in this global event of PRME. The PRME Chapter has expressed the intention to have some delegate to share their projects and actions with other Chapters, as well as to interact with the wider global community of PRME.
  • PRME Inspirational Guide being translated to Portuguese: The PRME Chapter Brazil has committed to translate to Portuguese the PRME Inspirational Guide. 
  • SIP Reports: It was emphasized during the meeting the importance of Brazilian institutions to comply with the PRME policy for SIP Reports. Additionally, in order to aid our signatories in Brazil, the guidelines to produce SIP reports were translated to Portuguese.

 

For more information on the PRME Chapter Brazil, kindly see their Chapter page and contacts here.

23 Mar 2015

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