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THE ESSENTIALS OF PRME

A BACKGROUND ON THE PRINCIPLES FOR


RESPONSIBLE MANAGEMENT EDUCATION

Business and management schools play a key role in shaping the skills of
future business leaders, and can be powerful drivers of corporate
sustainability. The Principles for Responsible Management Education
(PRME) provides a platform to raise the profile of sustainability in schools
around the world and to equip todays business students with the
understanding and ability to deliver change tomorrow.

WHAT IS PRME?
In the mid-2000s, the U.N. Global Compact and its academic community
The Principles for recognised that the business leaders of tomorrow would need to play a
Responsible critical role in tackling the sustainability challenges of the next century.
Management Education
has the capacity to take The response was the Principles for Responsible Management Education
the case for universal (PRME), launched in 2007 by U.N. Secretary-General Ban Ki-moon with a
values and business into mission to inspire and champion responsible management education,
classrooms on every research and thought leadership globally. Working through the Six
continent. Principles, PRME engages business schools to ensure they provide future
business leaders with the skills needed to balance economic and
UN Secretary-General sustainability goals, while drawing attention to the Sustainable
Ban Ki-moon Development Goals (SDGs) and aligning academic institutions with the
work of the U.N. Global Compact.

HOW DOES IT WORK?


PRME encourages business schools and management-related higher education institutions to become
advocates for an inclusive and sustainable global economy by incorporating values of business
responsibility and sustainability into their activities, teaching, and research using the Six Principles. In
summary, the PRME initiative:

Provides a platform for dialogue and learning on responsible management education


Develops and publishes tools and resources to help increase responsible management education
Identifies and develops thought and action leadership on responsible management education

In addition, Signatories are required to submit a Sharing Information on Progress (SIP) Report every two
years describing specific ways the institutions have adapted the Six Principles into their curricular and
extra-curricular programs. Signatories are also strongly encouraged to support the operations of the
PRME Secretariat by contributing to a nominal Annual Service Fee which grants contributors access to
numerous benefits and leadership opportunities within the PRME initiative.
KEY STATISTICS
Over 650 signatories worldwide
Represented in 85 countries
Includes 44 of the Financial Times Top 100 Business Schools
Surveys of PRME signatory students demonstrate widespread positive attitudes
towards PRMEs mission and objectives

PRME AND THE SDGS


In September 2015, all 193 Member States of the
United Nations adopted a plan for achieving a better
future for all laying out a path over the next 15
years to end extreme poverty, fight inequality and
injustice, and protect our planet. At the heart of
Agenda 2030 are the SDGs which clearly define the
world we want applying to all nations and
institutions, and leaving no one behind.

The SDGs are relevant for business and management


schools. Higher Education Institutions have the ability
to influence students with responsible and sustainable
business practices. All PRME work streams and
networks are encouraged to incorporate the SDGs into
their activities.

PRME NETWORK OF NETWORKS


Inspiring systemic change in business schools from the ground up involves collaboration between and among
higher education institutions. PRME has established networks that engage signatories and individuals and allow
them to share ideas and promote dialogue on responsible management education, sustainability, and the SDGs.

Regional platforms, including regional meetings, that advance the Six Principles of PRME
PRME Chapters within a particular geographic context

Working groups deepen collaboration in and across institutions on specific issues relevant to
PRME Working Groups corporate sustainability and responsibility and related to UN Global Compact workstreams

Contribute to thought and action leadership on responsible management education in the


PRME Champions context of the SDGs.

INTERESTED IN LEARNING MORE?


Visit unprme.org and sign up for our PRME Newsletter. Read our blog, PRiMEtime, and connect with us via our
social media platforms on Twitter, Facebook, and LinkedIn.

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