Corporate social responsibility and sustainable development have been prioritized by IBS for many years and since 2014 have been part of the School's mission and one of the directions of the School's strategic development.
The School has a long tradition of promoting and implementing the principles of social responsibility and sustainable development in all areas of its activities. IBS was the first Russian school to join the UN PRME initiative in 2008, and until 2012 remained the only active participant from Russia.
PRME, or Principles for Responsible Management Education, is a UN initiative that over the years of its existence since 2007 has become the largest connecting platform between the UN and higher education institutions in the field of business and management.
PRME is embedded in the UN Global Compact, who has more than 11,000 companies signed up to work towards the UN Sustainable Development Goals. Working with UN Global Compact, PRME’s vision is to create a global movement and drive thought leadership on responsible management education in the spirit of the UN Sustainable Development Goals. Established in 2007, today more than 830 globally leading business schools and universities are PRME signatories with a strong commitment to transform management education and develop responsible decision-makers of tomorrow to advance sustainable development.
In 2016, the PRME Chapter Central and Eastern Europe was officially founded. IBS representatives serve on the Chapter's steering committee.
In 2018 IBS the first and only Russian school in the PRME Champions group. In 2019, IBS was invited to the PRME Champions group for the next two-year cycle (2020-2021).
PRME Champions is a group of leading business schools with an ambitious commitment to collaborate to advance responsible management education. The PRME Champions group works to clarify what leadership means in the area of responsible management education , define criteria for recognizing progress and developing a roadmap for continual improvement by all members of the PRME community. The group also pledged to engage PRME more actively with United Nations agencies, funds and programs, as well as with companies participating in the UN Global Compact.