Media Release
 

April 7, 2008

Principles for Responsible Management Education now endorsed by more than 100 Business Schools

Richard Ivey School of Business congratulates UN initiative on important milestone (London, Ontario, April 7, 2007) – The Principles for Responsible Management Education (PRME), a UN-backed global initiative developed to promote corporate responsibility and sustainability in business education, has now been endorsed by more than 100 business schools and universities from around the world. Institutions participating in the initiative, which was launched under the patronage of UN Secretary-General Ban Ki-moon in July 2007, make a commitment to align their mission and strategy, as well as their core competencies – education, research and thought leadership –, with UN values embodied by the six PRME principles. Actions encouraged under the initiative’s framework include curriculum development around the corporate responsibility agenda and research in support of sustainable management systems, as well as public advocacy and opinion leadership to advance responsible business practices. “Thanks to the joint outreach by all partners, the PRME initiative has reached this critical milestone of 100 signatories,” said Dr. Manuel Escudero, Head of Academic Initiatives at the UN Global Compact, which is one of the initiative’s co-conveners. Speaking on behalf of the PRME steering committee, Dr. Escudero stressed that “this will enable the initiative to bring good efforts to scale and truly embed the sustainability agenda in the training of future business leaders.” The Richard Ivey School of Business at The University of Western Ontario has signed onto the principles and has a strong history of sustainability initiatives, including student-led Ivey Connects which is active in environmental and community outreach; Ivey’s Cross-Enterprise Leadership Centre on Building Sustainable Value and sustainability courses in the curriculum. The PRME Steering Committee includes the UN Global Compact, the Association to Advance Collegiate Schools of Business (AACSB International), the European Foundation for Management Development (EFMD), the Aspen Institute’s Business and Society Program, the European Academy for Business in Society (EABIS), the Globally Responsible Leadership Initiative (GRLI), the Graduate Management Admission Council (GMAC), and Net Impact. Following its early outreach and awareness-raising efforts, the initiative is currently establishing several participant working groups to facilitate implementation of the principles and identify best practices. In addition, a Global Forum for Responsible Management Education will be convened on 1-2 December 2008 at UN Headquarters in New York. The event will present a first opportunity to take stock of the PRME initiative so far, to exchange experiences and forge a closer link between the United Nations’ mission and the work of business schools. For more information about the PRME, please visit www.unprme.org.  PRME Signatories (in alphabetical order) A.J. Palumbo School of Business and John F. Donahue Graduate School of Business, Duquesne University, USA ALTIS Postgraduate School Business & Society at the Catholic University of Milan, Italy Arthur Lok Jack Graduate School of Business, Trinidad and Tobago Ashridge Business School, United Kingdom Association of Certified Commercial Diplomats, United Kingdom Audencia Nantes School of Management, France AVT Institute of Executive Education, Denmark BA Business and Finance School, Latvia BEM – Bordeaux Management School, France Bentley College, USA BI Norwegian School of Management, Norway CAG University, Turkey Cameron School of Business, University of St. Thomas, USA Carey Business School, Johns Hopkins University, USA Carroll School of Management, Boston College, USA CENTRUM - Centro de Negocios de la Pontificia Universidad Católica del Perú, Pontificia Universidad Católica del Perú, Peru CERAM Business School, France China Europe International Business School (CEIBS), China Coles College of Business, Kennesaw State University, USA College of Business, Illinois State University, USA Cranfield School of Management, United Kingdom Deggendorf University of Applied Sciences, Germany Educatis University, Switzerland EGADE - Graduate School of Business Administration and Leadership, Tecnólogico de Monterrey University System, Mexico ESADE, Spain ESC Bretagne Brest, France ESCP-EAP European School of Management, France ESG UQAM, Canada ESPAE-ESPOL, Ecuador ESSEC Business School, France Euromed Marseille Ecole de Management, France European Business School EBS, Germany European University of Lefke, Turkey Facultad de Administracion, Universidad de los Andes, Colombia Facultad de Ciencias Empresariales, Universidad de San Buenaventura, Colombia Faculty of Management and Law, University of Surrey, United Kingdom Fondazione ISTUD, Italy French-Vietnamese Center for Management Education (CFVG), Viet Nam Fundacao Dom Cabral (FDC), Brazil Gdansk Foundation for Management Development, Poland Graduate Management School, State University - Higher School of Economics, Russia Graduate School for Environmental Management, Hosei University, Japan Graduate School of Management, University of California, Davis, USA Grenoble Ecole de Management, France Griffith Business School, Griffith University, Australia Hanken - Swedish School of Economics and Business Administration, Finland Helena Kaushik Women’s P.G. College, India Higher Institute for Management Sciences, Egypt IEDC-Bled School of Management, Slovenia IESE Business School, Spain IESEG School of Management, France IMISP - International Management Institute of St. Petersburg, Russia INCAE Business School, Costa Rica Ingolstadt School of Management at Catholic University Eichstaett-Ingolstadt, Catholic University Eichstaett-Ingolstadt, Germany INSEAD, France Institute of Business Studies (IBS-Moscow), Russia Instituto de Empresa, Spain INT Management, France International Graduate School Zittau, Germany International University College, Bulgaria ISAE/FGV, Fundacao Getulio Vargas, Brazil ISM University of Management and Economics, Lithuania J. Mack Robinson College of Business, Georgia State University, USA John Cook School of Business, St. Louis University, USA John Molson School of Business, Canada Johnson School of Business, Cornell University, USA Jones International University, USA KAIST Business School, South Korea Kogod School of Business, American University, USA Kyiv Mohyla Business School, National University of Kyiv Mohyla Academy, Ukraine La Trobe University Graduate School of Management, La Trobe University, Australia Leon Kozminski Academy of Entrepreneurship and Management, Poland London Business School, United Kingdom McCoy College of Business Administration, Texas State University, USA Mendoza College of Business, University of Notre Dame, USA Nottingham University Business School, Nottingham University, United Kingdom Odette School of Business, University of Windsor, Canada Peter F. Drucker and Masatoshi Ito Graduate School of Management, USA Pforzheim University Business Shool, Germany Postgraduate Institute of Management, University of Sri Jayewardenepura, Sri Lanka Queen Mary School of Business and Management, United Kingdom Queen's School of Business, Queen's University, Canada Richard Ivey School of Business, The University of Western Ontario, Canada Rohrer College of Business, Rowan University, USA Rotterdam School of Management, Erasmus University, Netherlands School of Business Administration, University of San Diego, USA School of Business, Baptist University Hong Kong, South Korea School of Economics and Business, Martin-Luther University Halle-Wittenberg, Germany SDA Bocconi School of Management, Italy Swiss Management Center, Switzerland Talal Abu-Ghazaleh College of Business, German-Jordanian University, Jordan Ted Rogers School of Management, Ryerson University, Canada Thunderbird, The Garvin School of Global Management, USA Tsinghua SEM, China University of Dubai, United Arab Emirates University of Mannheim, Germany University of St. Andrews School of Management, University of St. Andrews, Scotland, United Kingdom University of Stellenbosch Business School, University of Stellenbosch, South Africa University of Waikato Management School, New Zealand Weatherhead School of Management, Case Western Reserve University, USA XLRI Jamshedpur School of Business & Human Resources, India About the Richard Ivey School of Business, The University of Western Ontario The Richard Ivey School of Business at The University of Western Ontario (www.ivey.ca) offers undergraduate (HBA) and graduate degree programs (MBA, Executive MBA and PhD) in addition to non-degree Executive Development programs. Ivey has campuses in London (Ontario), Toronto, and Hong Kong. Ivey recently redesigned its curriculum to focus on Cross-Enterprise Leadership – a holistic issues-based approach to management education that meets the demands of today’s complex global business world. -30- For more information: Ashleigh Murphy, Richard Ivey School of Business 519-661-2111 x80503, asmurphy@ivey.uwo.ca