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Principles for Responsible Management Education

The University of Sydney Business School became a signatory of United Nations Global Compact-backed Principles for Responsible Management Education (PRME) in February 2016 and committed to the six principles.

The vision is to systemically transform business and management education beyond the paradigm of shareholder value maximisation, towards responsible management education, research, and thought leadership.

As outlined in the Business Not As Usual 2016-2020 strategic plan, by making an explicit pledge like this, we have a constant reminder of our objectives as business educators and an opportunity to reflect on what each of the principles mean to us.

The first Sharing Information on Progress Report, titled ‘Becoming an advocate for responsible management education’ was submitted on 12 February 2018.

The report showcases a selection of existing initiatives we engage in under the banner of responsible management education, and features examples from across all of our disciplines and across nearly all of the 17 Sustainable Development Goals (SDGs).

We will continue to use the PRME platform as an opportunity to champion much needed change, and to transform the narrative of traditional business and management education today in order to develop the responsible business leaders of tomorrow.