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Since the Six Principles for Responsible Management Education launched in 2007, the world has changed significantly. Our PRME principles-based community has unitedly navigated through this fast-paced changing world, dealing with new and more complex challenges and contributing to cutting-edge solutions for the betterment of society and the planet. Responsible Management Education has moved to the spotlight of global debates as a critical factor in advancing the Sustainable Development Goals (SDGs).
While these changes have brought PRME’s role within business schools into greater focus, PRME has also been sharpening and elevating its commitment to responsible management education through its strategic reviews in 2015 and 2019. The 2019 strategic review exposed the need to review the SIP (Sharing Information on Progress) Reports, which had become cumbersome and offered less value than they could. Established by the PRME Board in 2020 to review the SIP reporting system, the PRME SIP Impact Sub-Committee proposed changes not only to the SIP reports, which will be ratified in June 2023, but also recommended that the PRME Principles be lightly ‘refreshed’ to align with the proposed changes to the SIP reports and the changing business landscape. Some of the changes they recommended were to add principles that spoke to signatories' own operations and the commitment to continuous learning through the application of responsible and accountable practices into their own operations, which ultimately supports the implementation of the Ten Principles of the UN Global Compact in academic institutions around the world. They also proposed to make the Principles more declarative and assertive, rather than simply aspirational.
Following these recommendations, the PRME Board struck the PRME Principles Task Force (PPTF) to finalize the process of lightly refreshing PRME’s Principles. Starting with the SIP Impact Sub-Committee’s recommendations, PPTF has been capturing input of our global community to base its work. PPTF conducted focus groups with PRME community leaders and then solicit written feedback from all community members through an open survey. PPTF will then table the draft Principles to the PRME Board for ratification in October 2023 (see the process timeline below).
Central Objective of the Principles Refresh Process:
‘Light’ refresh of the PRME Principles, based on the previous recommendations of the 2015 and 2019 Strategic Reviews, SIP Review Sub-Committee, and consultations with the PRME community and partners.
The Principles Refresh Process Fundamentals:
The PRME Board requested the creation of a PRME Principles Task Force (PPTF) on 4 October 2022 to finalize the Principles Refresh process recommended by the 2015 and 2019 strategic reviews and initiated by the SIP Impact Sub-Committee in 2020. The PPTF consists of five members representing the PRME global community:
Founder, Network for Business Sustainability
Former President, Academy of Management
Dean, Gordan Institute of Business Science
Research Professor, EGADE Business School
Former PRME Secretariat member, PRME Student Advisor at Stockholm School of Economics
The PRME Principles Task Force (PPTF) has been building its work on the 2015 and 2019 PRME strategic reviews as well as the PRME SIP Impact Sub-Committee (created and approved by PRME's Board on 30 November 2020).
Since the PPTF's creation in October 2022 and the formal process approval by the Board during its last meeting on March 2023, the PPTF has called the PRME Community to engage in global consultations:
Several two-hour focus groups with 40+ participants from all PRME constituencies (Chapters, PGS, Champions, etc.) from 23 countries.
Eighty-seven responses have been collected so far, yielding 195 pages of feedback.
Participants from 38 countries across all of PRME's constituencies and external partners
PRME Newsletter announcements
Social Media posts
Email blasts
2023 PRME Global Forum
We are grateful to the multitude of people, both named below and unnamed, for their support and participation in surveys, focus groups, and interviews.
Katell Le Goulven, INSEAD, France
Maria Jose (Majo) Murcia, Austral University, Argentina
Giselle Weybrecht, PRME, Australia
Dr Nilufa Khanom, Victoria University Melbourne, Australia
Anna Young-Ferris, The University of Sydney Business School, Australia
Suzanne Young, La Trobe University, Australia
Julie Wolfram Cox, Monash University, Australia
Katharina de Melo, FHWien University of Applied Sciences, Austria
Regina Obexer, MCI | The Entrepreneurial School, Austria
DI Roman H. Mesicek, IMC University of Applied Sciences Krems, Austria
Ivo Matser, ABIS, Belgium
Priscila Borin de Oliveira Claro, Insper, Brazil
Gustavo Loiola, PRME Secretariat, Brazil
Paulo Speroni, PRME Secretariat, Brazil
Basma Majerbi, University of Victoria, Canada
Kristeen McKee, Cambrian College, Canada
Maxime Lakat, Re_Generation, Canada
Xuanwei Cao, Xi’an Jiaotong-Liverpool University, China
Ye Hang, PRME Secretariat, China
Gustavo Adolfo Yepes, PRME Chapter LAC Chair, Colombia
Roberto Gutiérrez Poveda, Universidad de los Andes, Colombia
Diego Gonzalez, Pacto Global Colombia, Colombia
Urs Jäger, PRME Board Member, Costa Rica
Felipe Perez, INCAE, Costa Rica
Ifigenia Georgiou, University of Nicosia, Cyprus
Jeremy Moon, CBS, Denmark
Virginia Lasio, Espae Graduate School of Management - Espol, Ecuador
Jorge Rodriguez, ESPAE, Ecuador
Ghadeer Mohamed Badr Eldin Aboul Ela, Future University, Egypt
Sherwat Ibrahim, PRME Chapter Africa Chair, Egypt
Marwa El Maghawry, Future University in Egypt, Egypt
Hagar Adib, German University of Cairo, Egypt
Radwa Morsi, ESLSCA University, Egypt
Salma El Masri, ESLSCA University, Egypt
Hadia Fakhr ElDin, British University of Egypt, Egypt
Rania El Guindy, Université Senghor, Egypt
Dr. Ann Hindley, Liverpool John Moores University, England
Ann Parchment, Surrey Business School (University of Surrey), England United Kingdom
Krista Finstad-Milion, PRME Chapter France-Benelux Chair, France
Robin Jund, France
Tapie, GRLI, France & Singapore
Maritza Arbaiza, GAIA Business School, Guatemala
Michael Yeboah, Kumasi Technical University, Ghana
Elisabeth Fröhlich, PRME Board Member, Germany
Ruth Areli García León, Ostfalia University of Applied Sciences, Germany
Alexander Herzner, Ostbayerische Technische Hochschule Amberg-Weiden, Germany
Divya Singhal, Goa Institute of Management, India
Siddharth Chauhan, PGS Regional Leader in Central and South Asia, India
Maeve Houlihan, University College Dublin, Ireland
Sara Piacentini, Rome Business School, Italy
Marzhan Berniyazova, KIMEP University, Kazakhstan
Aigerim Kaumenova, Almaty University, Kazakhstan
Mumbi Wachira, Strathmore University Business School, Kenya
Priya Sharma, PRME Board Member and PRME Chapter ASEAN+ Chair, Malaysia
Daniel Lago Okomo, Dut Vocational Training Centre (DVTC) and the Maoni Network, Kenya
Brendon Mahere, PGS Regional Leader in Africa, Marrocco
Victoria Gonzalez, CETYS, Mexico
Mirjam Minderman, TIAS School for Business and Society, Netherlands
Oreva Atanya, Lagos Business School, Nigeria
Jason Miklian, PRME Working Group on Business for Peace Chair, Norway
Alfredo Estrada, Universidad de Lima, Peru
Benito L. Teehankee, De La Salle University, Philippines
Emilina Sarreal, De La Salle University, Philippines
Elżbieta Karwowska, Gdańsk University of Technology, Poland
Magdalena Kaczkowska-Serafińska, Vistula University, Poland
Ekaterina Ivanova, PRME Working Group in Sustainability Mindset, Russia
Evgenia Pashkevic, IBS RANEPA, Russia
Jill Bogie, Gordon Institute of Business Science (GIBS), South Africa
John North, GRLI Foundation, South Africa
Mark Smith, Stellenbosch Business School, South Africa
Hayley Pearson, Gordon Institute of Business Science (GIBS, South Africa
Jane Usher, Milpark Business School, South Africa
Chimene Nukunah, Milpark Business School, South Africa
Shaun Berry, Milpark Business School, South Africa
Gia Whitehead, Tsiba Business School, South Africa
Sholina Durga, Richfield University, South Africa
Maria Valle, CUNEF Universidad, Spain
Patricia Enríquez Nistal, CUNEF Universidad, Spain
Philippe Du Pasquier, BSL Business School Lausanne, Switzerland
Christian Baumgartner, University of Applied Sciences of the Grisons, Switzerland
Agata Stachowicz-Stanusch, Canadian University Dubai, UAE
John Katsos, American University of Sharjah, UAE
Alec Wersun, PRME Global Chapter Council, UK
Jonathan Louw, PRME Chapter UK & Ireland Chair, UK
Dr. Mohamed Saeudy, University of Bedfordshire, UK
Cathy d'Abreu, Oxford Brookes University, UK
Georgina Gough, UWE Bristol, UK
Professor Kleio Akrivou, University Of Reading, Henley Business School, UK
Petra Montan-Hill, PRME Working Group on Climate Change and Environment, UK
Elizabeth Collier, PRME Chapter North America Chair, USA
John Paul Goodwin, Learning Economy Foundation, USA
Megan Elizabeth Buchter, Case Western Reserve University - Weatherhead School of Management, USA
Michael Pirson, PRME Working Group on Humanistic Management Chair, USA
Meredith Storey, PRME Secretariat, USA
Sianne Powe, PRME Secretariat, USA
Sophie Kacki, PRME Secretariat, USA
Isabel Rimanoczy, PRME Working Group Sustainability Mindset, USA
William Chisholm Schulz III, Walden University, USA
Preamble
As institutions of higher education involved in the development of current and future managers we declare our willingness to progress in the implementation, within our institution, of the following Principles, starting with those that are more relevant to our capacities and mission. We will report on progress to all our stakeholders and exchange effective practices related to these principles with other academic institutions:
We will develop the capabilities of students to be future generators of sustainable value for business and society at large and to work for an inclusive and sustainable global economy.
We will incorporate into our academic activities, curricula, and organisational practices the values of global social responsibility as portrayed in international initiatives such as the United Nations Global Compact.
We will create educational frameworks, materials, processes and environments that enable effective learning experiences for responsible leadership.
We will engage in conceptual and empirical research that advances our understanding about the role, dynamics, and impact of corporations in the creation of sustainable social, environmental and economic value.
We will interact with managers of business corporations to extend our knowledge of their challenges in meeting social and environmental responsibilities and to explore jointly effective approaches to meeting these challenges.
We will facilitate and support dialogue and debate among educators, students, business, government, consumers, media, civil society organisations and other interested groups and stakeholders on critical issues related to global social responsibility and sustainability.