BSIEM (Business with Social Impact in Emerging Markets) is an international project in the field of social responsibility and sustainable development. 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 Russian module was devoted to the topic of corporate social responsibility and covered both the theoretical basis and practical side of the issue. During the week-long work, the project participants were able to get acquainted with the analytical studies of national CSR specialists, listen to the reports of representatives of medium and large businesses, including international companies, such as IKEA, Nivea, and take part in interactive discussions in multinational teams. On the final day of the module, the most prominent cases of socially responsible business in the BSIEM countries were presented, facilitating the exchange of experience and best entrepreneurial practices. In this regard, the participation of IBS exchange students from France in the project is remarkable which brought a fundamentally new perspective of a developed economy to the discourse.

The module was noted by both listeners and BSIEM co-organizing partners as successful and fruitful and gathered a record number of participants, totaling more than 50 people! 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 and corporate social responsibility. And certainly, the module would not have been possible at all without the Business Communications Teaching Department and, its head Natalia Yankovskaya and assistant Andrey Shalnev.

"The final day of the module met all our expectations, we were able to present our findings and learn from the experience of our foreign colleagues. It was an extremely exciting experience," - Anastasia Safonova, an IBS RANEPA student, talks about the Moscow module.

Valeria Luzan, another student of IBS RANEPA, shares her impressions on the same matter: "The module is truly unique and informative! It was great to participate in such a large-scale project and compare the Russian experience with the specifics of corporate social responsibility in other countries".

The IBS-Moscow is proud of its students and colleagues, appreciates their contribution and wishes them new achievements!

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