While businesses struggle to fight corruption and meet environmental, labour and human rights standards, for business schools, issues of sustainability and responsibility are rather different. So a different approach was needed when schools began to show eagerness to participate in the United Nations Global Compact, a voluntary corporate citizenship programme launched in 2000.
Few schools are likely to face the more intractable problems associated with the global footprint of business, such as encountering child labour in the supply chain. Although participating schools agree to follow Global Compact’s 10 principles, as business members do, they make a more important commitment. They pledge to stimulate curriculum development and promote research. In this way they will act as catalysts for change through the MBA students they teach.
The principles for responsible business education – to be launched at the Global Compact leaders’ summit in Geneva in July – will set out the agenda.
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