Array (  => April  => 22,  => 2021 )22April
Responsible Management Education – Making Sustainability a Priority
Today is Earth Day! Every year on April 22nd, over 175 countries contribute to increasing the global appreciation for nature and raising awareness for our consumer behavior. Earth Day is about taking responsibility and making sustainability a priority. Therefore, we could not think of a better day to introduce our ‘Principles for Responsible Management Education’ (PRME) report – the global movement transforming business and management education through research and leadership.
What does PRME mean?
Founded in 2007, the Principles for Responsible Management Education (PRME) is a platform which brings educational sustainability to schools around the world. The United Nations-supported initiative leads the vision to create a global movement and drive thought leadership on responsible management education to advance sustainable development.
To accomplish this, PRME has engaged over 800 business and management schools worldwide – TUM School of Management being one of them. PRME works through the Six Principles: Purpose, Values, Method, Research, Partnership and Dialog. The goal is to draw attention to the Sustainability Development Goals (SDGs), align academic institutions with the work of the UN Global Compact and ensure that signatories provide future leaders with the skills needed to balance economic as well as social and environmental goals.
Sustainability at the TUM School of Management
At TUM School of Management, we are committed to delivering responsible management education based on high-level research. Over the last years, TUM has been integrating sustainability in all areas of teaching, research and procedures. Operating within a technical university grants us as a management school the opportunity to interlink different disciplines and contribute to TUM’s mission to create a holistic strategy to act as a roadmap for our sustainability journey. The goal is to exploit the full sustainability potential of TUM across all key action areas, ranging from research and teaching to entrepreneurship, campus and operations. TUM School of Management Dean Prof. Dr. Gunther Friedl explains: “Together with our colleagues we are able to contribute to solutions to the grand societal challenges, such as climate change, digitization, infrastructure, urbanization and food security. We believe that we can benefit society with our research and the education of individuals who will become tomorrow’s leaders.”
While we unite management and technology in our educational approach at the TUM School of Management, we have formed an internationally renowned entrepreneurship group with a space to gather ideas and put them into practice by creating new companies. Many alumni use this foundation and combine it with ideas for a more sustainable future. “Since we started reporting to PRME, we have been able to expand our commitment to working on the Sustainable Development Goals”, says Prof. Dr. Friedl. To broaden our interdisciplinary approach at the TUM School of Management and fulfill our promise, we have launched new research initiatives, such as the SEED Center, and created new specializations within our degree programs, such as Renewable Resources or Medicine.
“This report presents details of our commitment to society, responsible management education and outreach. We are proud of how much we have achieved so far. In the coming years, we will develop an overarching sustainability strategy and further deepen our commitment to the core values of the UN-PRME initiative”, concludes Dean Prof. Dr. Friedl.
Stay tuned as we will be introducing some of the report’s highlights on our channels in the upcoming weeks and dedicate more space to the topic of sustainability!
The complete report is available here.