What is the PRME?

The Principles for Responsible Management Education (PRME) initiative was developed in 2007 by an international task force of sixty deans, university presidents, and official representatives of leading business schools and academic institutions.

Inspired by internationally accepted values, such as the principles of the United Nations Global Compact, PRME seeks to establish a process of continuous improvement among institutions of management education in order to develop a new generation of business leaders. Launched at the 2007 UN Global Compact Leaders Summit with the presence of UN Secretary General Ban Ki-moon, the mission of the PRME is to inspire and champion responsible management education, research, and thought leadership globally.

How to Get Started

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.

For many participants, PRME has been a catalyst for initiates already in progress within the academic organization. While for others, joining PRME has started a process to develop a new framework. In some instances, the organizations leadership started the process, and in other circumstances, faculty or students were the driving force. All approaches are valid and demonstrate that there is no one-size fits all approach.

The initiative embodies a voluntary set of principles. It is important to note, however that each PRME participant can start with implementing those principles, which are more relevant to the organizations specific value-creating strategies and capacities and do not need to have programs or initiatives that relate to every principle. There is no financial cost to become a PRME Signatory.

How to Join

In order to join the PRME initiative, an academic institution is asked to:

• Complete a short online questionnaire that asks for background information about your organization, and
• Send a signed letter of support by the organizations highest executive (e.g. dean or relevant equivalent of business school leader) to the PRME Secretariat.

Additional Resources