December the 7th, Reykjavik University Business School (RUBS) signed up to a participation agreement with the United Nations Principles of Responsible Management Education (PRME).
The PRME initiative is the first organized relationship between the United Nations and management-related academic institutions, business schools, and universities. Launched at the 2007 UN Global Compact Leaders' Summit in Geneva, the Principles provide an engagement framework for academic institutions to advance corporate sustainability and social responsibility through the incorporation of universal values into curricula and research.
To date, over 450 leading business schools and management-related academic institutions from more than 80 countries across the world are signatories of PRME. Reykjavik University Business School is proud to be a part of this ambitious group of business schools that shows that they are willing to take on the role of leaders when it comes to social responsibility and sustainability.
As an institution of higher education involved in the development of current and future managers, Reykjavik University Business School declares, by signing this agreement, its willingness to report on progress related to the implementation of the following principles to all our stakeholders:
1. Purpose - 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.
2. Values - We will incorporate into our academic activities and curricula the values of global social responsibility as portrayed in international initiatives such as the United Nations Global Compact.
3. Method - We will create educational frameworks, materials, processes and environments that enable effective learning experiences for responsible leadership.
4. Research - 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.
5. Partnership - 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.
6. Dialogue - We will facilitate and support dialog and debate among educators, students, businesses, the government, consumers, media, civil society organisations and other interested groups and stakeholders on critical issues related to global social responsibility and sustainability.
RUSB first Sharing Information on Progress Report was published in December 2014 and is titled Developing Responsible Leaders. In this report the progress of the implementation of PRME‘s Six Principles are discussed and goals and objectives set for the next couple of years. The Report is available here.
Further information regarding PRME can be found on PRME‘s webpage: www.unprme.org or by contacting Hrefna Sigridur Briem, director of BSc program in Business firstname.lastname@example.org or Guðrún Mjöll Sigurðardóttir email@example.com.