PRME: Principles for Responsible Management Education
SSE signed up to the Principles of Responsible Management Education (PRME) in 2013. Read about the initiative and our report "Responsibility for Competitiveness" - all about Stockholm School of Economics contributions to the six principles of responsible management education.
To further strengthen and show its commitment to the process of integrating ethics, responsibility and sustainable development into all of SSE’s educational programs, and to make an existing and proven system our school’s tool, in 2013 the school became a signatory to PRME. This is the global United Nations initiative to inspire responsible management education, research and thought leadership. 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 and is a cooperation between the UN and the academic world.
The SSE President, Lars Strannegård, highlights two important initiatives since the school joined PRME.
- The inauguration of the Mistra Center for Sustainable Markets (Misum), on January 1, 2015.
- The creation of the mandatory two year track Global Challenges around our times’ biggest sustainability challenges. It started in 2016 and is included in the Bachelor program in Business and Economics.
As a signatory, SSE is involved in the ongoing process of implementing six principles of responsible management education, with the school filing its first PRME Sharing of Information Progress (SIP) report in July 2015. Operationally, Misum administers the SSE PRME effort.
PRME encourages business schools to examine their education and operations in relation to six principles – and report on these every two years. The six principles are: purpose, values, method, research, partnership and dialogue. As a key integrity measure, the SIP's main objective is to serve as a public vehicle for information on responsible management education. SSE’s first SIP report covers 2013 to 2015 and the second one 2015-2017. In addition to reflecting on the principles, they set two-year goals.
Related to principles 4 and 5, Misum pools increased interdisciplinary research on sustainable finance, markets and innovation and collaboration with other academic institutions and a variety of private and public stakeholders.
Find the report for 2013-2015 here.
Find the report for 2015-2017 here.
For more info, please contact Johanna Klatt, Project Manager for PRME at SSE.