The Palumbo Donahue School of Business at Duquesne University is among the first 100 endorsers of a United Nations-backed initiative to promote corporate responsibility in business education.
By signing the voluntary initiative, known as the Principles for Responsible Management Education (PRME), Duquesne and the other endorsing institutions agree to align their mission and core competencies with a set of six principles related to sustainability and social responsibility. The six principles were developed under the coordination of the UN Global Compact, a framework for corporations and managers committed to operating their businesses by accepted principles for environmental practices, human rights, fair trade and other issues.
“Stressing ethics and social justice is something we’ve always done at Duquesne University,” says Business School Dean Alan Miciak, “and our recent eighth-place ranking among business schools worldwide by the Aspen Institute’s Beyond Gray Pinstripes survey is evidence that social responsibility, environmental concerns and ethics are important components of the business school curriculum too.”
Duquesne University launched its top-ranked Sustainable MBA program in 2007. The 1-year, full-time MBA is anchored by global study trips and live corporate projects.
Business school accrediting organizations, including the Association for the Advancement of Collegiate Schools of Business (AACSB), which drew up the first set of standards for business schools in 1919, are stressing the importance of PRME for educating business leaders to meet the challenges of the 21st century. Duquesne University has been accredited by the AACSB since 1962.
For more information about PRME and the six principles, visit www.unprme.org. For more information about the UN Global Compact, visit www.unglobalcompact.org.