BI wins UN recognition for sustainability reporting

25 June 2021

Principles for Responsible Management Education (PRME) has awarded BI this year’s Excellence in Reporting Award for its latest report on the school’s sustainability efforts.

With more than 800 signatories, PRME has become the largest organized relationship between the United Nations and business schools worldwide. After becoming a signatory in 2016, BI has worked systematically to collaborate with other schools and share experiences related to the work on educating responsible leaders and developing knowledge for a more sustainable society.

During last week’s 2021 Virtual PRME Global Forum, BI was awarded the 2021 Excellence in Reporting Award for the school’s latest Sharing Information on Progress (SIP) report. The report highlights BI’s strategic work to implement sustainability across the school’s programmes and operations, as well as goals for the next two years.

“We are committed to shape people and business for a sustainable future, as well as publishing research that contributes to reach the Sustainable Development Goals. Being recognized by the UN for our efforts to document our progress is a great inspiration for us going forward”, says Inge Jan Henjesand, President of BI Norwegian Business School.

According to PRME, the award is “intended to spotlight significant achievements in reporting progress against the Six Principles”. Winners are selected based on “quality of reporting, not the quality of what is reported” and “how they share information on progress in relation to PRME”.

“It is an honor for PRME to award you with this well-deserved recognition of your striking efforts in driving sustainability within and beyond your campus”, says Dr. Mette Morsing, Global Head of the PRME initiative.

Professor Caroline Dale Ditlev-Simonsen, who is BI’s official PRME contact, says the award is a recognition of both students and employees at BI, and their shared passion for sustainability topics and other initiatives addressing societal challenges.

“Challenges and opportunities anchored in sustainable development will require innovation and new business models. Educating future leaders, BI has a great responsibility to ensure competence in running sustainable business”, says Ditlev-Simonsen.

About PRME:

  • Launched at the 2007 UN Global Compact Leaders’ Summit in Geneva, the PRME initiative is the first organised relationship between the UN and business schools
  • PRME and their six principles for responsible management education aim to “create a global movement and drive thought leadership on responsible management education”.
  • Signatories are obligated to submit detailed reports every other year to document their progress.
  • Four awards for excellence in Sharing Information 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 led by Giselle Weybrecht, author and editor of the PRiMEtime Blog.
  • In addition to BI, this year’s winners included the Gordon Institute of Business Science, South Africa (Excellence in Reporting – SIP Report), Edith Cowan University School of Business and Law, Australia (Excellence in Reporting – First Time Report) and the Hanken School of Economics, Finland (Excellence in Reporting – Excellence Over Time).

 

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