United Nations Principles for Responsible Management Education (PRME)
La Trobe Business School became a signatory to the PRME in 2008 as one of the first 100 business schools globally. The PRME was officially launched by UN Secretary-General Ban Ki-Moon in 2007, and has now grown to include more than 500 leading business schools and management-related academic institutions from over 80 countries across the world.
Through the initiative, La Trobe Business School has access to a global network for academic institutions to advance corporate sustainability and social responsibility in our curricula and research.
La Trobe Business School was appointed as a PRME Champion in Australia in 2016 and it was announced, in early 2018, that the position will be extended for another two years. In being named an official PRME Champion, La Trobe Business School is illustrating its commitment to working with Global Compact LEAD Companies and to advancing corporate sustainability and social responsibility in the private sector, and in achieving the UN Sustainable Development Goals.
As a PRME champion, La Trobe Business School is one of a select group of Business Schools across the world taking a leadership role in this space.
Research and Teaching Expertise
A number of the La Trobe Business School staff specialise in research related to:
- Corporate social responsibility, governance and business ethics (Management and Marketing)
- Critical, social and sustainability accounting
- Corporations and corporate governance (Economics and Finance)
- Environmental and resource economics
The Business School is home to The Yunus Social Business Centre, which was established by a Memorandum of Understanding between the Yunus Centre, Dhaka, Bangladesh, and La Trobe Business School in November 2014.
The YSBC focuses on enhancing responsible business and leadership values at La Trobe Business School and strengthening links with students and the wider community.
La Trobe Business School also has a number of research centres and units that address corporate social responsibility and sustainability more widely.
The CR3 + Conference is an annual international collaborative effort between ISAE (Brazil), La Trobe Business School (Australia), Audencia Nantes School of Management (France) and Hanken School of Economics (Finland).
As signatory business schools to the PRME, the four schools have been working together since 2008 in an effort to exchange ideas, pedagogy, curriculum and research in the area of corporate responsibility.
Watch the below video of Jonas Haertle, head of the UN PRME Secretariat, introducing the 2015 conference in at ISAE in Curitiba, Brazil and La Trobe Business School's involvement
For an interview with Associate Professor Suzanne Young about what sustainability means for management, education, and the day-to-day decision-making process of companies, please visit the La Trobe Business School blog.
Curriculum Development and Student Engagement
In line with the overarching objective of PRME to develop and nurture responsible business leaders of the future, La Trobe Business School has developed a number of innovative curriculum and student engagement programs.
For example, in the subject Sustainability, students are taught to analyse and develop solutions to modern sustainability challenges by examining them though a systems thinking lens. Significantly, this is a compulsory second-year undergraduate subject that all students enrolled in our numerous business degrees have to complete.
In another example, the Aspire Program acknowledges the work students do in their communities, where qualifying students are offered early entry into their course based on their volunteering efforts.
La Trobe PRME reports
As a member business school, we are required to regularly share information on the progress made in implementing the PRME through a Sharing Information on Progress (SIP) report.
The report submissions can be downloaded below.
For more information about the School's involvement in the UN PRME, please contact Professor Suzanne Young .