The United Nations has called on business schools to make much greater
efforts to advance the principles of corporate social responsibility.
UN secretary-general Ban Ki-moon has made the demand in the form of a
set of Principles for Responsible Management Education, which he wants
academic institutions to sign. The six-part principles urge schools to
‘develop the capabilities of students to be future generators of
sustainable value for business and society’ and to incorporate ‘the
values of global social responsibility’ into curricula.
The principles were announced at the 2007 UN Global Compact Leaders
Summit in Geneva attended by more than 1000 company heads. Luke Wilde,
director of TwentyFifty consultancy, who was at the summit, said that
some 80 Chinese companies and a dozen Chinese industry associations
were in the audience. He told EP: ‘The strong delegation underlines how
the Global Compact has attracted support in [emerging economy] markets
at a time when other initiatives are struggling to move beyond the
familiar faces.’