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If you are the focal point for a Signatory Member and haven't received an invitation to join PRME Commons, please update your institution's contact name, title, and email address ASAP in your PRME account and email us at prmecommons@unglobalcompact.org.

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Sharing Information on Progress (SIP)

SIP Reporting


A central commitment of any institution participating in the PRME initiative is to regularly share information with its stakeholders on the progress made in implementing the Seven Principles through a Sharing Information on Progress (SIP) report. As a key integrity measure, the SIP's main objective is to serve as a public vehicle for information on responsible management education. In addition, the SIP can be an effective tool for facilitating stakeholder dialogue and a learning community among signatories.

2024 SIP reporting is officially open! Submit your SIP by 31 August.


SIP Policy

In order to maintain a "communicating" status within the PRME community, a Signatory must fulfill the following requirements.

  • Signatories are required to communicate their progress every year during the reporting period by submitting a Sharing Information on Progress (SIP) report. The annual reporting period is from 1 March - 30 June, except for 2024 where it will be from 28 March until 31 August.

  • Signatories must answer all of the questions, upload all of the objects, and complete all the narratives required for each Principle to have a complete submission. Not all question responses will require object uploads or narratives. The SIP preview provides a comprehensive overview of what is required. Below is an overview.

  • SIPs are to be completed online via PRME Commons to which all Signatory Members have access starting 28 March 2024 at 8am ET. If you do not have access, please write to us at prmecommons@unglobalcompact.org.

Know your Deadlines

The 2024 SIP reporting period is 28 March at 8 AM (EDT) to 31 August 2024 at 11:59 PM (EDT).

New joiners do not need to submit a SIP until the year after joining. For example, Signatories joining PRME in 2024 do not need to submit a SIP until 2025. If you were an early adopter or submitted a SIP 1.0 already in Jan - March 2024, you do not need to submit until 2025.

Signatories, excluding new joiners, who fail to submit a 2024 SIP within the submission period will be listed as ‘Non-communicating’ on their Signatory profile.

‘Non-communicating’ Signatories who do not submit a late SIP by 31 December 2024 will be ‘Delisted’ from PRME in 2025.

Delisting Policy

In order to maintain the integrity and reputation of the initiative, PRME has developed criteria for delisting participants. Signatories that are delisted from the initiative will be reflected as such on the PRME website; will have all formal relationships with PRME and it Chapters terminated; are not allowed to use the PRME name or logo, even if such permission had been granted prior to their removal; and may result in the forfeiture of financial contributions, including required annual contributions or Champions.

All institutions that are no longer part of the initiative are given the status of “delisted,” with a reason for delisting, and it is reflected as such on PRME website.

Delistings can either occur for integrity reasons such as:

- Failure to communicate on progress (based on the reporting guidelines);

- Failure to Engage in dialogue: participants are required to respond to third party concerns raised with the PRME Secretariat within a two-month deadline. If a participant fails to respond within the required deadline, it may be listed as “non-communicating” until such dialogue commences. If the status persists for a year, the institution will be delisted for failure to engage in dialogue; and

- or for administrative reasons, which are usually based on a request by the participant.

Benefits

SIP 2.0 provides several opportunities for the PRME and its Signatories to engage in the digital transformation. Benefits for Signatory Members include but are not limited to:

  • Build credibility and relevance by showing their commitment to the PRME Principles and the Sustainable Development Goals (SDGs).

  • Measure and demonstrate progress on the PRME Principles for the individual institution as well as regionally and globally.

  • New ”progression" levels aligned with SIP questions, to enable a self-diagnosis of the institution at the time it fills out the report and also to reflect on commitments.

  • Using the SIP as evidence of societal impact in your institution's accreditation process.

  • Through the new PRME Commons where SIP reporting will take place:
    • Receive insight, learn and continuously improve performance. PRME Commons will be a space for global knowledge exchange and peer-learning across countries, regions, and the world with an incentive mechanism for transitioning from first- to second-generation responsible management education (RME). It aims to provide technical help, resources, and guidance at every step of the way, and will also create a space to share good practices. It will help you to identify gaps and set goals to improve your institution's impact and development journey on PRME year over year.

    • Space to share narratives and stories in a systematic way, creating a space for data analysis, tagging, etc.

    • Monitor - not ranking - progress with peers through one of the largest sources of free, public, and trusted responsible business education data.

PRME Commons


The PRME Commons is a novel technological platform that aims to facilitate global knowledge exchange among business schools, focusing on responsible leadership and sustainable practices. The platform serves as a self-reporting database for PRME Signatory Members to track their progress in transforming their teaching, research, and thought leadership in alignment with the Seven Principles of PRME - universal values of sustainability, responsibility, and ethics.

Previously, Signatory Members uploaded PDFs of their progress - static and locked documents that made tracking progress over time difficult to analyze and hindered shared learning amongst Members. Now, PRME Commons will facilitate global knowledge exchange between business schools through annually required Sharing Information on Progress (SIP) reporting. With the launch of PRME Commons, SIP reports have been restructured to include a questionnaire, objects and narratives to facilitate evidence-sharing and stimulate interactive collaboration between Signatories.

The questionnaire assesses the institution’s commitment to the Seven Principles of PRME. Responses to the questionnaire are then evidenced by uploading objects: statements, policies, events, learning objects, or public media. Accompanying narratives provide complimentary context and/or stories written by Signatories to expand upon their responses and showcase their implementation of the Principles in more organic ways. These objects and narratives will be filed into a larger repository that offers educators at PRME Signatory schools a comprehensive resource for enhancing their teaching practice.

The PRME Commons intends to incentivize global change by freely sharing an open science platform accessible to the public. It seeks to influence existing rankings and accreditations by integrating second-generation responsible management education indicators. By leveraging open infrastructures and smart technologies, the platform aims to foster knowledge sharing and challenge the status quo in business school education, promoting diversity and best practices.


Benefits of SIP

The new SIP reporting provides several opportunities for PRME and its Signatory Members to engage in the digital transformation. Benefits for Signatory Members include but are not limited to:

  • Build credibility and relevance by showing their commitment to the Principles and the Sustainable Development Goals (SDGs).

  • Measure and demonstrate progress on the Principles for the individual institution as well as regionally and globally.

  • New ”progression" levels aligned with SIP questions, to enable a self-diagnosis of the institution at the time it fills out the report and also to reflect on commitments.

  • Through the new PRME Commons where SIP reporting will take place:
    • Receive insight, learn and continuously improve performance. PRME Commons will be a space for global knowledge exchange and peer-learning across countries, regions, and the world with an incentive mechanism for transitioning from first- to second-generation responsible management education (RME). It aims to provide technical help, resources, and guidance at every step of the way, and will also create a space to share good practices. It will help you to identify gaps and set goals to improve your institution's impact and development journey on PRME year over year.

    • Space to share narratives and stories in a systematic way, creating a space for data analysis, tagging, etc.

    • Monitor - not ranking - progress with peers through one of the largest sources of free, public, and trusted responsible business education data.

The SIP can provide great value, both to individual signatories and to the global PRME community. Listed below are some benefits that signatories note having gained from preparing, producing, and sharing SIP reports.

1. Creating awareness of the mission of PRME and your commitment to it: "We believe that the actual preparation of the report itself can serve as a powerful catalyst for continued change and further recognition of the influence of PRME on campus. The more that people on campus know about how PRME relates to our mission, the more likely they are to take steps to shape activities and programmes that will be aligned with and driven by the Principles." Babson College, United States.

2. Giving a concise and comprehensive overall picture of your activities: "Preparation of the report has brought to light the impressive number of activities in our College that are PRME-related. Although I track many of these programmes and initiatives, it is always surprising, when seeing it all accumulated, to realise the breadth and scope of these activities, and the large number of faculty, students, administrators and staff involved." The Peter J. Tobin College of Business, St. John's University, United States.

3. Boosting visibility and reputation: "For us, preparing the PRME report has had tremendous benefits. We have found that the process of gathering data regarding progress and commitments in relation to PRME has made visible very powerful backstage initiatives that are definitively making changes when educating future managers. Therefore, for us PRME has been an instrument of public and social recognition of creative and treasured initiatives that colleagues have silently designed and implemented in order to form socially responsible managers and citizens." Universidad EAFIT, Colombia.

4. Organising and connecting relevant people across your organisation: "The reporting process has been exceedingly good at organising people who impact sustainability indicators. Because of the reporting process, regular meetings occurred between some of these parties and continue to occur with the future goal of improving our environmental management system." KU Leuven Faculty of Economics and Business, Belgium.

5. Defining direction and strategy: "This process has enabled valuable critical discussions on the topic of responsible management education and its role across the institution. Putting the report together creates involvement and the final report serves as a proof that PRME activities are conducted beyond the CBS Office of Responsible Management Education and across the organisation... It helps us define our direction and strategy." Copenhagen Business School, Denmark.

6. Tracking and benchmarking progress: "Completing the SIP report on a yearly basis has facilitated our ability to track our activities, capture and benchmark the breadth of initiatives across campus, and motivate faculty, staff and students to build on these experiences, encouraging them to take them to the next level." Bentley University, United States.

7. Identifying where more can be done: "We have been able to see the gaps and areas of improvement towards achievement of the Principles and set out improvement plans where we are not doing well. This has also created more awareness and closer engagement with the Principles." KCA University, Kenya.

8. Fostering a sense of achievement: "Our first audience for the report was internal; it was a way of documenting and celebrating some of the excellent work in which our colleagues are engaged. The more we all learn about the work of our colleagues, the greater the opportunities are for new collaborations between us, and this is at the very heart of our inter-disciplinary School." Glasgow Caledonian University, United Kingdom.

9. Creating new synergies and collaborations: "Our baseline report gives [readers] a primer on all of the various social impact initiatives and programmes at Berkeley-Haas, which accelerates the conversations we're able to have with our employees, advisors and students. We're able to spend less time explaining who we are and more time focusing on areas of collaboration and growth." The Haas School of Business, University of California Berkeley, United States.

10. Promoting PRME's impact globally: "Public reporting of SIP ensures the credibility of the PRME initiative and facilitates the exchange of good practices among the PRME network and beyond." Monash University Faculty of Business and Economics, Australia.

SIP Readiness


Ensure your institution's contact information is up to date

On 28 March, the focal point for every Signatory Member will receive an invitation to join PRME Commons. If your institution has experienced a recent faculty change that affects who is responsible for PRME-related matters, please update the contact's name, title, and email address ASAP. Please contact our team at info@unprme.org if you are not able to reset your password or would like to change the admin email used on your institution's PRME profile.


Know your Deadlines

The 2024 SIP reporting period is 28 March at 8 AM (EDT) to 31 August 2024 at 11:59 PM (EDT).

New joiners do not need to submit a SIP until the year after joining. For example, Signatories joining PRME in 2024 do not need to submit a SIP until 2025. If you were an early adopter or submitted a SIP 1.0 already in Jan - March 2024, you do not need to submit until 2025.

Signatories, excluding new joiners, who fail to submit a 2024 SIP within the submission period will be listed as ‘Non-communicating’ on their Signatory profile.

‘Non-communicating’ Signatories who do not submit a late SIP by 31 December 2024 will be ‘Delisted’ from PRME in 2025.


Download the SIP 2.0 Preview

The SIP 2.0 Preview is now available and represents the set of questions, objects, and narratives that make up the SIP 2.0 report according to the latest adaptations of the Principles and the PRME Commons logic. While this Preview is different from the previously shared SIP 2.0 questionnaire, the content required for a SIP 2.0 report has not changed but rather how the information is submitted has changed. We invite you to join us for a webinar on 28 February on How to Complete the SIP 2.0 Report within the PRME Commons to prepare for submitting your 2024 SIP report. Scroll below to see all the events we will be offering in preparation for SIP 2.0.



Watch the Walk Through of PRME Commons

To celebrate the launch of the PRME Commons, the creators hosted a walk-through to introduce Signatory Members to the platform, demonstrate how to navigate the SIP submission and other features, and answer any questions. We encourage Signatory Member focal points and any other faculty and/or staff who will be supporting SIP submissions to watch this webinar before beginning their journey into PRME Commons.


Upcoming Webinars & Events

# 30 May: PRME Commons 'Office Hours'

10:00 a.m. - 11:00 a.m. ET


Join us for an open meeting available to all Signatory Members who have questions about using PRME Commons.


Register Now

Past Webinars & Events

# 28 February: How to Complete the SIP 2.0 Report within the PRME Commons

The objective of this 1.5 hour webinar was to present the alignment of the SIP 2.0 Report with the refreshed Principles, as well as demonstrate the rationale for data collection and information dissemination on the new PRME Commons. We explain the role of narratives and objects within the Commons and how they can be used to demonstrate your progress and reflect on your institutional journey as a PRME member. We also answer a number of questions from the community.

# 28 March: PRME Commons Launch Walk-Through

To celebrate the launch of the PRME Commons, the creators hosted a walk-through to introduce Signatory Members to the platform, demonstrate how to navigate the SIP submission and other features, and answer any questions. We encourage Signatory Member focal points and any other faculty and/or staff who will be supporting SIP submissions to watch this webinar before beginning their journey into PRME Commons.

Exemplary Reporting

The Sharing Information on Progress (SIP) Report is a pillar in the PRME community - a resource for storytelling, a tool for internal and external accountability, and a stratgic document for many in their accreditation processes. To recognize the time put into compiling these reports and to honor the efforts in transparency from the community, the PRME Recognition for Excellence in SIP Reporting was created.

# Recognition of Excellence in Reporting (2023)

Continuing with the annual Recognitions for Excellence in SIP Reporting, we are pleased to publish the outstanding SIP Reports for 2023. All reports submitted between 1 May 2022 - 1 May 2023 were considered.

To be considered, reports needed to have fulfilled SIP policy requirements including:

  • A letter signed by the highest executive of the organisation expressing continued commitment to PRME
  • A description of practical actions (i.e., disclosure of any relevant policies, procedures, activities) that the institution has taken to implement one or more Principles during the past 24 months
  • An assessment of outcomes (i.e., the degree to which previously outlined goals were met, or other qualitative or quantitative evaluation of results)
  • Key, specific objectives for the next 24-month period with regard to the implementation of the Principle(s)

As a reminder, there are two important considerations to identifying qualifying reports.

  1. It is the quality of the reporting on progress that is considered, not the quality of the initiatives outlined.
  2. These recognitions are for reports that specifically share information on progress in relation to PRME (although that is not to say that they cannot also include other reporting initiatives).

Excellence in Reporting - First Time Reporters

Excellence in Reporting - Emerging (2 - 4 Reports)

Excellence in Reporting - Established (5+ Reports)

# Recognition of Excellence in Reporting (2022)

As per tradition, the 2022 edition of the Recognition Awards for SIP Excellence were presented at the 2022 Virtual PRME Global Forum on 3 June. There were 256 SIP Reports submitted since the last recognitions were given out in June 2021, in the period between 1 May 2021 - 1 May 2022. These were the reports taken into consideration for this year's awards.

All qualifying reports were read during the months of April and May, by a Peer Review Committee consisting of 22 members of the community from 13 countries, to determine eligibility. To be considered, reports needed to have fulfilled SIP policy requirements including:

  • A letter signed by the highest executive of the organisation expressing continued commitment to PRME. Note that SIPs with letters that were unsigned were still considered.
  • A description of practical actions (i.e., disclosure of any relevant policies, procedures, activities) that the institution has taken to implement one or more Principles during the past 24 months (since signing up to PRME or since last submission of SIP)
  • An assessment of outcomes (i.e., the degree to which previously outlined goals were met, or other qualitative or quantitative evaluation of results)
  • Key, specific objectives for the next 24-month period with regard to the implementation of the Principle(s). Concrete strategies and timelines are encouraged.

There are two important considerations in relation to identifying qualifying reports.

  1. It is the quality of the reporting on progress that is considered, not the quality of the initiatives outlined.
  2. These recognitions are for reports that specifically share information on progress in relation to PRME (although that is not to say that they cannot also include other reporting initiatives).

Excellence in Reporting - First Time Reporters

Excellence in Reporting - Emerging (2 - 4 Reports)

Excellence in Reporting - Established (5+ Reports)

# Recognition of Excellence in Reporting (2021)

Four awards for excellence in Sharing Information on Progress (SIP) reporting were announced during the 2021 Virtual PRME Global Forum.

Shortlisted reports were reviewed by a Peer Review Group made up of 17 Signatories from 14 countries, as well as 4 student reviewers from 3 countries. The process was coordinated by Giselle Weybrecht.

All reviewed reports were submitted between 1 May 2020 - 1 May 2021 and needed to fulfill all SIP policy requirements in order to qualify

Reports are recognized for:

  • Quality of reporting, not the quality of what is reported.
  • How they share information on progress in relation to PRME.

Excellence in Reporting - First Time Report

Excellence in Reporting - SIP Report

Excellence in Reporting - Excellence Over Time

# Recognition of Excellence in Reporting (2020)

Four awards for excellence in SIP reporting were announced during the 2020 Virtual PRME Global Forum. Held on the second day of the Forum, the recognition was given to four PRME Champion schools for their high-quality SIP Reports. The recognized institutions, listed below by category, were selected by a peer review group under the guidance of Giselle Weybrecht, author, Editor to the PRiMEtime Blog and expert in sustainable business education. SIP Recognitions have become a tradition of each PRME Global Forum, and are intended to spotlight significant achievements in reporting progress against the Six Principles at higher education signatories to the Principles for Responsible Management Education.

First Time Reporters

Non-First Time Reporters & Reporting on the SDGs

FAQs

About SIP 2.0

# How do I submit my SIP report?

SIPs will be submitted via PRME Commons, to which all Signatory Members have access via their focal point starting 28 March 2024 at 8am ET. If you do not have access, please write to us at prmecommons@unglobalcompact.org.

# What is the difference between the original SIP reporting and SIP 2.0?

The original SIP model was the first reporting logic created by PRME. This model was unstructured, required every two years, based on the original 6 Principles, and submission was via a PDF or Document file. The SIP was updated in 2023 around the refreshed 7 Principles and is structured in a questionnaire format that requires evidence, is now required annually, and is submitted via an online platform, the PRME Commons.

# How frequent will the new SIP Reporting be?

PRME will follow a similar submission period to the UN Global Compact’s Communication on Progress (CoP), receiving reports from Signatory Members annually from March - June. In 2024, the reporting period will be from 28 March - 31 August.

# What is the reporting period in 2024?

Exceptionally, the universal submission period in 2024 will be from 28 March to 31 August. From 2025 onwards the universal submission period will be from 1 March to 30 June every year.

# Who does this new reporting process apply to?

This new reporting process will apply to all PRME Signatories beginning in 2024, except for new joiners, meaning those that joined PRME in 2023 and 2024. New joiners will submit their first SIP Report under the new process during the March - June 2025 submission period.


Early adopters of SIP 2.0 will not be due to submit another report, regardless of their original SIP deadline, until the March - August 2025 submission period.


From 2024 onward, all PRME Signatory Members will have the same deadline for the report, due during the submission period annually.

# What period should the SIP report cover?

The report should cover the previous calendar year (a 2024 SIP report should cover the 2023 calendar year). Alternatively, in this first iteration of SIP 2.0, you can include any updates since your last report. Going forward, it will be by calendar year to consider the various academic years around the world.

# Can I access the new SIP report preview before submitting my SIP?

Yes! You can download the preview to familiarize yourself with the content here. A recording of a webinar that walks through the SIP can be viewed here.

# Do you have a version of the SIP report that is a word document or excel that my team and I can work in?

We have a preview of the SIP, but encourage all members to work on their SIP within PRME Commons.

# What if my institution fails to submit a report within the stipulated submission period?

Signatories, excluding new joiners, who fail to submit a 2024 SIP within the submission period will be listed as ‘Non-communicating’ on their Signatory profile. ‘Non-communicating’ Signatories who do not submit a late SIP by 31 December 2024 will be ‘Delisted’ from PRME on 1 January 2025

# Are all questions in the SIP report mandatory?

Signatories must answer all of the questions, upload all of the objects, and complete all the narratives required for each Principle to have a complete submission. Not all question responses will require object uploads or narratives. The SIP preview provides a comprehensive overview of what is required. Below is an overview.

# What will the SIP Awards look like from 2024 onward?

The SIP Awards at the 2024 PRME Global Forum will recognize reports submitted between 1 May 2023 and 29 February 2024, under the original SIP reporting logic, according to the regular criteria and peer review process that PRME has adhered to for the last several years. SIP Reports submitted in the 2.0 format during the new universal reporting period between 28 March - 31 August 2024 will be recognized in 2025.

# Is this an additional time commitment from the original SIP process?

The time it takes to complete a SIP report varies widely across institutions. The new reporting method is intended to be more direct and clear on what to report on, and could take more or less time than the previous reporting method, depending on the level of detail that is included.

# With this new reporting model, does PRME intend to be a ranking and accreditation institution in the future?

No. The intention of the new reporting model is to create a mechanism for measuring impact and self-progress, contributing to the development of our community.

About PRME Commons

# How do I log into the Commons platform?

To log into PRME Commons, please use the e-mail address you use to sign into your institution’s profile on the PRME website. An invitation to create an account on the platform should have been sent to this email address. If you have not received the invitation or are not able to log in, please email us at prmecommons@unglobalcompact.org.

# Can I invite other members of my institution to PRME Commons to support our SIP submission?

Yes, in fact, we encourage it! Focal points of Signatory Members have admin access to their institutional account on PRME Commons and can invite other users to the institutional account.

# What is the difference between the Admin, Supervisor, and Contributor permissions in PRME Commons?

Admins:

  • These are the primary contacts/admins for an Organization in the PRME Commons. There is only one per Signatory Member.
  • Can edit organization data, delete an organization, add/update/delete members, and retrieve data.
  • Can create, edit, and delete all narratives/objects.
  • Can answer the SIP questionnaire.
  • The only user who can submit the SIP.

Supervisors can:

  • Add/update/delete members and retrieve data.
  • Create narratives and objects, can edit those of which they are a contributor to, and can only delete those that they have created.
  • Answer the SIP questionnaire.

Contributors can:

  • Create narratives and objects, can edit those of which they are a contributor to, and can only delete those that they have created.
  • Answer the SIP questionnaire.
# Can I save as I go on PRME Commons?

Yes, you can work on your SIP report in stages and save as you go. However, once you submit your report you cannot edit it again.

# Who will be able to view my SIP and my data in PRME Commons?

All other Signatory Members will be able to see your answers to the questionnaire when you submit your SIP. However, you have the option to choose who views your objects and narratives. They can be set to private (only those who have access to your institutional account), PRME community only (only Signatory Members within PRME Commons), or public (anyone viewing the publicly shared SIP report).

About the Process of Upgrading SIP

# Why did PRME revamp its SIP reporting?

After 15 years of SIP Reporting on the Principles for Responsible Management Education, we have recognized the importance of the Signatory Members’ SIP Reports as a way of reporting their PRME implementation journey within their institutions and as a way of communicating these advances to internal and external stakeholders. Since its implementation in 2008 there are more than 2,800 reports available on the PRME website, evidencing the commitment of the Signatories within the environment of responsible management education.


During this period, different stakeholders have collaborated for the evolution of sustainability and impact reporting, whether in the higher education or business environment, since multiple frameworks and many metrics are emerging and growing in importance. With the advancement of visibility around the Sustainable Development Goals (SDGs) and environmental, social, and corporate governance (ESG) metrics, these topics have taken the lead in the need to "walk the talk". Building on an era of advancing the Principles for Responsible Management Education, with an action-oriented mindset, a new SIP reporting scheme can strengthen the convergence of responsible management education, impact and responsible business

# What was the process for revamping the SIP reporting?

The PRME Sub-Committee on Sharing Information on Progress (SIP) Impact was created by PRME’s Board on 30 November 2020. This Sub-Committee operated under the umbrella of the PRME Board’s Committee on Nomination and Governance. The original purpose of this Sub-Committee was to support and provide PRME Signatories with inspiration for more precise Sustainable Development Goal (SDG) goal-setting and a more thorough recording system for business school activities and impact on sustainable development.


The Sub-Committee was led by Wilfred Mijnhardt (Rotterdam School of Management), supported by the PRME Secretariat, and consists of a group of members from the global PRME community. The members were selected based on their professional expertise in SDGs, impact, and impact reporting. The Sub-Committee is composed with respect to diversity (e.g. gender, geography, and ethnicity).


The objective for creating a Sub-Committee was to design a renewed and helpful reporting logic with regards to responsible management education and sustainable development for Signatory Members that aligns with the changing institutional environment. Intended to last from January until June 2021, the committee grew in its relevance and impact, having its mandate expanded, and ending its activities in June 2023.


As deliverables of the Committee, the Terms of Reference indicated that the group should:


  1. Design a renewed SIP/impact reporting logic for Signatory Members, making good use of accreditation, stakeholder and sustainability reporting schemata, respecting the institution’s mission and context.

  2. Produce an overview of relevant impact reporting schemes and indicators aligned with the Principles for Responsible Management Education and relevant schemata for sustainability reporting, including a set of illustrations of productive impact reporting practices from PRME Signatories.

  3. Recommendation for a new infrastructure/platform for reporting under PRME orchestration: The reporting infrastructure can be more or less technology driven. Either the platform can evolve into a database/data graph-based platform with dynamic reporting facilities using smart and open science technology (making use of technology like AI and persistent identifiers (PID) logic). Or the alternative can be a more traditional document based periodic/thematic reporting mechanism.


To achieve this goal, Committee members met in 23 online meetings from 2021-2023, with a trajectory of activities divided in four phases:


Phase 1: Development of SIP Logic - January to July 2021


During this period, the group worked on defining the terms of reference, and reflecting on the current structure of SIP reporting, through alignment with external stakeholders and inspiration from different ranking models, accreditation and the UN Global Compact.


Phase 2: Consultation process and resourcing - September to December 2021


The consultations had two objectives:

  1. Reflect on the intention to update the Principles and include a new Principle focused on resilience.

  2. Explore the participants' perception of the new logic of SIP reporting as well as inputs regarding potential indicators and narratives for each Principle.


Phase 3: Operationalization - January to July 2022


Phase three was very important for addressing the feedback offered by the PRME community and directing the Committee's decisions. Some decisions were fundamental, such as the process of approaching and aligning with rankings and accreditors, identifying indicators and potential narratives, in addition to directing fundraising strategies to support the construction of the PRME Commons.


Phase 4: Setting the stage for implementation - September 2022 to May 2023


With the announcement of a partnership between PRME and the Economics of Mutuality Foundation (EOM), the work of the SIP Committee was dedicated to creating a solid platform for the strengthening of this partnership.


In this sense, the Committee solidified the Five Design Principles that guides the transition to SIP 2.0 as a way to create the foundations for the platform, in addition to having carried out a new consultation with the PRME community in relation to a new set of questions and indicators for reporting.


Five Design Principles:


1. Beneficial to multiple users


SIP creates value for individual faculty members and students, as well as center directors, deans, and admissions/placement/development officers, and the many external stakeholder who care about the state of business education in the world today (firms, NGOs/NFPs, government, media, prospective students and alumni, donors). It helps those who are doing the day-to-day teaching, research and learning in the business schools, as well as those who are designing and leading the initiatives to better the teaching and learning environment in the schools, and those in the world who affect and are affected by the schools’ work.


2. Inspire for creativity & learning towards progress


Enable emulation, foster problem solving, encourage collaboration, and in the end, make a better world.


3. Use the power of evidence based strategic narratives


Convinced of the power of story-telling, we want to capture narrative reports of a school’s work and add the counts and analytics of initiatives and quantitative assessments of impact.


4. Institutional learning journey


We want to hear about how the schools plan and implement their initiatives, their success (and yes, struggles and failures), and of course, the impact of their work. We want our members to be able to learn from each other and explore each other’s work at any time.


5. Inspired by open science values and smart technology


Explore the emerging (selective open) knowledge base of stored information and analytics that will help business schools serve society by helping each member school best serve its own internal and external stakeholders.


Access the End Report of the Sub-Committee on Sharing Information on Progress (SIP) Impact.

# Who was involved in updating the SIP reporting?

Between December 2022 and January 2023, a call was launched for the PRME community, inviting institutions that were interested in piloting the new PRME reporting logic, through the SIP Questionnaire. A group of 25 schools engaged in a 3-month process in order to meet the expectations below:

  • Set the new global tone for developing and implementing a new logic of business school reporting on sustainable development reporting (i.e. SDG, ESG, CSR, RME) with a set of guidelines that will be used in the future for all PRME community and other stakeholders (such as accreditations and local/global rankings);

  • Provide recommendations for a new infrastructure/platform for reporting under PRME expectations;

  • Collaborate with leading HEIs and the SIP Committee members on a project of value to the PRME community by contributing to the flagship project PRME Commons;

  • Inspire creativity & learning towards progress by enabling emulation, foster problem solving, encourage collaboration, and in the end, make a better world.

  • Learn with the journey as the new logic seeks to create a process of self-reflection within the institution based on different levels of progress and maturity;

  • Inspired by open science values and smart technology, explore the emerging (selective open) knowledge base of stored information that will help business schools serve the world by helping each member school best serve its own internal and external stakeholders.