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News - 8 July 2016

7th PRME Asia Forum and PRME Colloquium on Higher Education engage in dialogue on the SDGs and establish roadmaps for PRME Chapters in the Asia region

The 7th PRME Asia Forum, organized by the Faculty of Business of The Hong Kong Polytechnic University (PolyU), was held on 6 - 7 July 2016 in Hong Kong in conjunction with the 1st PRME Colloquium on Higher Education, organized by the Centre for Corporate Sustainability and Innovations (CCSI), Hang Seng Management College (HSMC).

During the two-day Forum, themed “Stakeholder Engagement for Responsible Management Education in Contributing to the Sustainable Development Goals,” 130 participants from China, India, Malaysia, the Philippines, South Korea, Thailand and other countries explored ways of engaging students, businesses, non-governmental organizations, policymakers, accreditation bodies, and non-business faculties in promoting responsible leadership, sustainability, and corporate responsibility. Meanwhile, the Colloquium engaged these stakeholders in an open dialogue on the context, practices and actions necessary for developing a sustainable mindset, offering responsible management education, and fulfilling SDGs.

Among the guests of honor at the event were Dr. Christine Loh Kung-wai, Under Secretary for the Environment of the HKSAR Government, and Mr. Jonas Haertle, Head of PRME Secretariat & Academic Affairs at the UN Global Compact Office.

The Forum concluded with the creation of roadmaps for two emerging PRME Chapters in the region: PRME Chapter East Asia and PRME Chapter India, as well the establishment of the PRME Chapter ASEAN+. In addition, CCSI of HSMC signed an MoU with Letran University in the Philippines for sustainability-related activities at the Colloquium.

The PRME Secretariat would like to thank the Faculty of Business of The Hong Kong Polytechnic University and the Centre for Corporate Sustainability and Innovations (CCSI), Hang Seng Management College for hosting and participants for attending this productive event. Find more information on the 7th PRME Asia Forum here and the PRME Colloquium on Higher Education here. Photos from the 7th PRME Asia Forum can be found here and speaker presentations here


08 Jul 2016

Twenty-five 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 25 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 the 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

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. According to the new SIP policy, a non-communicating participant that fails to fulfil the minimum SIP policy requirements will be automatically delisted from PRME after 12 months from receiving non-communicating status. Under the old SIP policy, these institutions had been given 24 months after their SIP deadline to submit their SIP report before they were delisted. 

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. Thus far in 2016, 34 organisations joined the initiative, bringing the total to 648 active participants from 83 countries.

Delisted July 2016:

  1. ALYTAUS KOLEGIJA University of Applied Sciences
  2. Aurous Institute of Management
  3. Baltic College
  4. Belgrade Business School HEI for Applied Studies
  6. DPU Accounting School,  Dhurakij Pundit University
  7. Ecole Superieur Robert de Sorbon
  8. Escuela de Negocios,  Universidad Catolica de Temuco  
  9. European University College of Business 
  10. Indus Business Academy
  11. International Institute of Business (IIB)
  12. International University of Fundamental Studies, Intergovernmental Higher Academic Council
  13. John A. Mackay Institute,  Maastricht School of Management
  14. Maastricht School of Management Romania
  15. Munk School of Global Affairs, University of Toronto
  16. Newports Institute of Communications & Economics
  17. Postgraduate Institute of Management, University of Sri Jayewardenepura
  18. Sambhram School of Management, Sambhram Group of Institutions 
  19. School of Economics and Management, Beijing Forestry University
  20. Siemens Power academy Lagos, Siemens Power Academy T&D
  21. Universidad Azteca
  22. Universidad de las Americas (Udla), Laureate
  23. Universidad Tecnologica del Centro
  24. University of Kassel Faculty of Economics and Management, University of Kassel
  25. VBS Purvanchal University

Click here for an overview of delisted signatories.

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


08 Jul 2016

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