BI and Toyota begin climate research

22 May 2008

BI Norwegian School of Management and Toyota Norge AS have entered into an agreement regarding a guest professorship for research into climate strategies.

The research will contribute to reducing the global emissions of greenhouse gases.

The work will be headed by professor Jørgen Randers and will be established at a new research centre at BI, which will be called “BI’s Centre for Climate Strategy”. The guest professorship will last 5 years, starting from the 1st August 2008. The donation from Toyota Norge AS is for a total of nine million kroner.

- We respect the investment into independent climate research that Toyota has made possible with this donation. For BI, this new guest professorship means that we are strengthening our research and education in an area that is of the greatest significance for economic and administrative decision takers, says Tom Colbjørnsen, president of BI Norwegian School of Management.

- I am very grateful for this opportunity to perform practical, relevant work into climate strategies for trade and industry, and administration. Our vision is that the centre will help to considerably strengthen future-orientated climate work in Norway, with an emphasis on economic-administrative problems of interest to politics, and trade and industry. This will fill a significant gap in Norwegian competence in climate matters, says professor Jørgen Randers.

Potential results of the research

  • Proposal for climate strategies for various players (individuals, companies, countries, regions, and the world) and at relevant levels.
  • Identification of industrial potentials and clarification of when these will be profitable.
  • Different scenarios for the social development that may arise in the years ahead, for example if the climate policy develops more slowly than desired.
  • Crisis plans (for different players).

 Potential projects in the start up phase

  • Clarifying probable price paths for different types of energy and for different types of emission quotas.
  • Economic administrative studies of climate technologies that are especially important for Norway: CO2-capture and storage, offshore windmills, gas powered vehicles, and low emission cars for use in rural areas.
  • Describing the probable future of the European quota trading system.
  • Summarizing the status and experience of individual emission quotas.
  • An environmentally friendly China.

Toyota

Toyota is known for its investment into developing more environmentally friendly cars. Toyota has produced over one million hybrid cars thus far, and will launch a new plug-in future technology in the coming years. Toyota Norge AS was also the first car importer with ISO 14001 environmental approval in Norway.

- Toyota’s input into the climate professorship is a natural extension of the conscious environmental work that Toyota performs and has performed both internationally and here in Norway for several years. Toyota’s vision is one of zero emissions and zero negative effects on the climate. Toyota is therefore investing enormous sums into the research and development of continuously new technological solutions. We are deliberately working on climate and environmental control within all our activities, both in our car factories and at importers and distributors, says Tor I. Berge, managing director of Toyota Norge AS.

- The climate professorship at BI will become an important, neutral, professional body within what is perhaps the most important field in the world today, concludes Berge.

BI Norwegian School of Management contact information: Toyota Norge AS contact information:
President Tom Colbjørnsen
+47 46 41 04 48
MD, Tor I. Berge
+47 90 65 59 98
Professor Jørgen Randers
+47 92 24 06 87
Director of Information, Per Arne Skramstad,
+47 90 58 23 87
Head of Information, Nordan Helland
+47 46 41 08 40
 

Facts about the Norwegian School of Management BI:

  • Vision: Professional strength and relevance makes BI a leading European management school.
  • Approved by NOKUT (Norwegian Agency for Quality Assurance in Education) for accreditation as a scientific university college.
  • EQUIS-accredited as one of only 110 schools worldwide.
  • Presented as one of the 100 most recognised management schools out of a total of 4000 management schools worldwide, and one of the 35 most recognised management schools in Europe on the website www.eduniversal.com.
  • 18,253 students, of whom 52% are women and 48% are men. In 2008, BI had a record number of people starting courses, with an increase in applications between 2007 and 2008 of 15%, or 862 applicants. All BI schools and almost all Bachelor's courses are progressing. An extremely high proportion of students (a total of 95%) find a job within six months of completing their course. 
  • Researchers at highest levels internationally.
  • Courses: MBA course, 16 Bachelor's degree courses, seven Master’s degree courses, five doctoral programmes, covering vocational and further education, specialist courses, industry courses, tailor-made internal business programmes and management programmes.
  • Collaboration agreements with 148 universities and management schools in 40 countries around the world with many exchange students.
  • Separate MBA programme in China in collaboration with Fudan University School of Management.
  • Principal owner of ISM University of Economics and Management in Lithuania with 2000 students.
  • Strategic alliances with Nanyang Technological University (NTU) in Singapore and ESCP/EAP European School of Management in Paris and others.
  • A total of six study sites in Norway: Oslo, Bergen, Trondheim, Stavanger, Kristiansand and Drammen.
  • In 2008, BI’s building in Oslo won FIABCI’s Prix d’Excellence – Norway, and has now been entered in for the international competition.
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