Written on 27 July 2021.
EDHEC Business School was recognized for its social impact and sustainability achievements when the Positive Impact Rating (PIR) results were launched on June 17th at the UN PRME Global Forum. EDHEC was one of 47 business schools from 21 countries worldwide that took part in the rating this year and achieved Level 3, making it a progressing school within the PIR.
The PIR is a rating conducted by students and for students. For the second time, students worldwide assessed their business schools on how they perceive their positive impact in the world. The positive impact of business schools goes beyond their contribution to business and the economy; it addresses the need for their positive impact for society.
“The only way forward towards a sustainable economy and business environment is to get everybody involved. The students at the EDHEC business school are the future of the business world, so the right step is to begin with their ideas. Whatever we do makes a difference, so as students it is our duty to ensure that we work towards creating a sustainable environment. This is what results of PIR survey aims at. This helped us understand our shortcoming and how to react to make a positive impact!”
said Aman Pandey, EDHEC Student in Master in Management and OIKOS Lille association representative
Students assessed how EDHEC addresses societal and sustainable challenges and prepares its students to be responsible business leaders. The data collection in EDHEC was organized and led by the student association OIKOS Lille who distributed the PIR survey across campus to their fellow students. This year 318 EDHEC students responded to the survey.
Participating in the PIR demonstrates the value EDHEC gives to student feedback and voice.
“Our goal at EDHEC has always been to make an impact, as our motto states. Now it is time to make a bigger, wider, more sustainable impact. The crisis we are going through reinforces even more the need to act for society and future generations. I want to thank each of the students who participated in the PIR rating for their involvement in this project. It truly is important to me and to our school to have you involved in designing this future.”
said Dean Emmanuel Métais
The rating survey asks students 20 questions in seven relevant impact dimensions that sit within three areas: Energizing, Educating, and Engaging. The overall PIR score of the business school is used to position the schools across five levels. The different levels refer to the developmental stage of the business school, rating it by a certain level of achievement. Business schools are provided with a defined social impact and a tool that they can use for change.
“PIR is designed as a tool to improve and transform business education. It enables schools to understand what a positive impact for society is, according to their students. The PIR highlights the potential for improvement, even for leading schools.”
said Katrin Muff, President of the Positive Impact Rating Association
The PIR was created by concerned business school experts together with global NGOs - WWF, Oxfam, and UN Global Compact. International student associations oikos, AIESEC and Net Impact are also part of the PIR, which is supported by VIVA Idea and Fehr Advice.