It was developed within the framework of the UN PRME (Principles for Responsible Management Education) initiative, which advocates responsible management education, and is a part of the UN global project on sustainable development. At the RANEPA, the project is being implemented by the Institute of Business Studies (the IBS, RANEPA) in partnership with leading international business schools of emerging economies Universidad de Colombia School of Management (Colombia), ISAE - Brazilian Business School (Brazil), SPJIMR–Bharatiya Vidaya Bhavan (India) and, since 2021, the University of Monterrey (Mexico).
The program of the module on “Adopting Sustainability” has featured illustrative examples drawn from various sources - interventions taken up by the government and public sector, by private sector, social sector entities, and academic institutions. This has helped participants develop knowledge on the macro picture in India related to sustainability, as also understand a myriad of initiatives taken by various stakeholders in the economy, to not only bring about heightened awareness, and also provide impetus to action to support measures to alleviate and mitigate issues related to Sustainability.
The important topics covered each day have had presentations across three sections - Academic (by a Faculty member of SPJIMR), Practitioner-oriented (by an Industry / Social sector Practitioner), and Student (from SPJIMR).
On the final day of the module the participants presented their solutions to the sustainability challenge “Impact of Climate Change on Agriculture, and Ways of Mitigating this Impact through Public & Private Measures”. The panelists, who assessed the presentations, noted that despite the participants’ diversity they have common interest to the sustainability concept, and are ready to put the main principles into practice.
The module has been considered by both participants and BSIEM co-organizing partners as successful and fruitful! The IBS students proved themselves as capable international specialists, demonstrating the skills of intercultural communication, project work and possession of relevant knowledge in the field of sustainable development.
Professor Prabhat Pani, Senior advisor at Tata Trust, Executive Director of the Centre for Innovation in Sustainable Development, SPJIMR: “Our mission is to influence practice and promote value-based growth. Our students recognize, understand, and uphold the social relevance of business decisions, including within the underserved sections of society. We should recognize our role as a responsive and responsible member of the society. As a community, we need to realize these objectives through integrity, self-accountability, professional discipline, and hard work. It’s important to value operational freedom and uphold an entrepreneurial, agile, flexible, and collaborative culture.”