Since its foundation, XLRI Xavier School of Management's aim has been to stand out as an institution of repute for shaping responsible business leaders. XLRI's tagline, "for the greater good," elucidates the institute's mission to mold business leaders who think beyond the confines of corporations and organizations and to commit to what they feel is the school’s duty to serve the society at large and contribute to the extent possible to make the world a better place.

XLRI has compulsory courses on sustainability and business ethics for all the students towards nurturing responsible business leaders. These courses help students to appreciate the importance of corporate sustainability and the need to adopt ethical behavior in the corporate world. In addition, the case studies give students insights into how big and small organizations drive a sustainable business environment, thereby providing a filtering yardstick vis-a-vis companies' ethical and sustainable dimensions when assessing employer attractiveness.

Academic courses are also coupled with practical exposure through various on-ground societal initiatives. Student organization Sigma-oikos of XLRI focuses on transformation and change in the social sector, works closely with various NGOs, and undertakes initiatives that contribute to the underserved sections of the society. Sigma-oikos also offers ways for students to participate and contribute to society in different ways. Initiatives such as compulsory rural exposure provide the students of XLRI with much-needed practical exposure to the realities of rural India and sensitizes them with a sense of responsibility towards the underserved sections of India.

XLRI's thrust towards creating awareness and a sense of responsibility, coupled with opportunities to address societal challenges through multiple platforms, creates a conducive environment where students actively engage with business and societal stakeholders and leave a positive and lasting impact on society.