POSITIVE IMPACT RATING
When Students rate the impact of their business schools...
The Rating is Inspired by 50+20
Introducing the Positive Impact Rating
LAUNCHING THE FIRST EDITION 2020 REPORT AT THE WEF IN DAVOS
The Positive Impact Rating wants to support a fundamental change in the business school landscape with regards to the schools’ societal responsibility and impact. It offers students a tool to select an education that prepares them as responsible citizens and change-makers in the 21st-century.
In a prominent session, the Positive Impact Rating was released in the presence of stakeholders including students, business and societal representatives and of course business school representatives. Eight of the 30 leading schools were present at the launch, including Antwerp Management School in Belgium, Audencia Business School in France, Hanken School of Economics in Finland, Kozminski University in Poland, London Business School in the UK, Maastricht University - School of Business and Economics in the Netherlands, University of Gothenburg - School of Business in Sweden, University of Guelph - LANG School of Business.
Did you miss the launch? Here are the slides and here is a short video with impressions of the Deans present at the Award Ceremony. And here is the formal report of the Deans' Multistakeholder Dialogue provided by Julia Christensen Hughes.
Here below you can find the list of all participating schools, the full report and the overview of the 30 leading schools:
WHAT THE STUDENTS SAY
WHAT SCHOOLS SHOULD START DOING:
Make sustainability and social impact training mandatory in curricula
Bring science and facts to the political debate
Reduce CO2 emissions & food waste
Prioritize gender parity amongst students and faculty
Exchange more with other schools and faculties, share good practice and evolve together
Rename the school to underline the social mission of business education
WHAT SCHOOLS SHOULD STOP DOING:
Stop investing in fossil fuels
Stop treating sustainability & social entrepreneurship as second-class topics
Stop partnering and accepting funds from unethical companies or individuals
Stop hiring professors who do not care about doing good
Stop emphasizing profit maximization
Stop flying students abroad for a course just because it’s cool to do so
WHAT SCHOOLS SHOULD CONTINUE DOING:
We wanted to learn from the best schools and listen to what their students have to say. For this, the PIR looked at the top fifty (50) business schools from two highly complementary rankings: The Financial Times Master in Management and the Corporate Knights Green MBA ranking. Given that there are very few overlaps, the international student organizations reached out to nearly 100 schools around the globe. Of those approached, students of fifty-one (51) schools agreed to participate and overall more than 3000 students completed their surveys. This sample of students consists of bachelor and master students from 21 countries in 5 continents.
This first edition of the Positive Impact Rating features 30 top schools. While no single school reached the level 5 rating, there are nine transforming schools in level 4 and 21 progressing schools in level 3. The rating team had made a commitment to feature only the best
schools in the spirit of celebrating success and have hence opted not to feature level 2 emerging schools. A further reason for not being rated may include an insufficient number of valid responses obtained by the students.
The schools were ranked according to five levels, with 5 being the top level and 1 the lowest:
* Level 1 – Beginning efforts at schools that are either getting started or are considering to get started or have difficulties getting off the ground despite a stated commitment or vision
** Level 2 – Emerging schools starting to translate a stated commitment to positive action in one or more domains
*** Level 3 – Progressing schools demonstrating evidence of results across some impact dimensions
**** Level 4 – Transforming schools with a positive impact culture, embedded in governance and systems, with visible results progress in many impact dimensions
***** Level 5 – Pioneering schools with unique, sustaining global leadership progress in all impact dimensions
After much analysis, we opted for a minimum number of 30 valid student responses per school. We deliberately refrain from disclosing the distinction between low rated schools and those with an insufficient number of responses.
(listed in alphabetical order)
Download the list of the 30 schools here
4 STARS – TRANSFORMING SCHOOLS
3 STARS – PROGRESSING SCHOOLS