The Conference takes place under the patronage of the UN Global Compact Office of the United Nations and the PRME D-A-CH-Initiative and will be supported by distinguished partners.
The Priniciples of Responsible Management Education were developed in 2007 by an international task force of sixty deans, university presidents and official representatives of leading business schools and academic institutions under coordination of the UN Global Compact Office.
The idea of developing a principle-based global engagement platform for academic institutions follows from a recommendation by all academic stakeholders of the UN Global Compact.
The idea was officially introduced by the Global Compact Office at the Global Forum "Business as an Agent of World Benefit" at Case Western Reserve University in October 2006.
Vision and Goals
"If globalization does not benefit everyone, it benefits no one at the end." Under that device, Kofi Annan’s intention was to create sustainable markets and to promote the concept of corporate social responsibility.
The UN Global Compact is a strategic policy initiative for businesses that are committed to aligning their operations and strategies with ten universally accepted principles in the areas of human rights, labor, environment and anti-corruption. By doing so, business, as a primary agent driving globalization, can help ensure that markets, commerce, technology and finance advance in ways that benefit economies and societies everywhere.
Dialog and Exchange
With more than 10,000 companies participating, the Global Compact is currently the world’s largest network for corporate social responsibility. But not only companies are invited to join the Global Compact. The initiative also encourages governmental and non-governmental organizations as well as academic institutions to participate. The goal is to create a multi-stakeholder platform in order to promote exchange between companies and their stakeholders and to facilitate joint work on the implementation of the ten principles.
PRME - Principles for Responsible Management Education
The mission of the Principles for Responsible Management Education (PRME) initiative is to inspire and champion responsible management education, research and thought leadership globally.
The PRME are inspired by internationally accepted values such as the principles of the United Nations Global Compact. They seek to establish a process of continuous improvement among institutions of management education in order to develop a new generation of business leaders capable of managing the complex challenges faced by business and society in the 21st century.
In the current academic environment, corporate responsibility and sustainability have entered but not yet become embedded in the mainstream of business-related education. The PRME are therefore a timely global call for business schools and universities worldwide to gradually adapt their curricula, research, teaching methodologies and institutional strategies to the new business challenges and opportunities.
Taking the Six Principles as a guiding framework, any institution which is willing to integrate corporate responsibility and sustainability in a gradual but systemic manner is welcome to join the initiative.