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PRME - Principles for Responsible Management Education

The SEB LU has committed itself to the Principles for Responsible Management Education (PRME) and the Six Principles advocated by the United Nations’ Responsible Management Education initiative. The PRME promote responsible management education and thought leadership. The primary objective is to develop a new generation of business leaders capable of managing the complex challenges faced by business and society in the 21st century.

The SEB LU became one of the signatories to the UN Principles for Responsible Management Education (PRME) in 2009. PRME encourages business schools to integrate the concepts of sustainable development and social responsibility in their education and research activities.

In 2011, the SEB LU prepared its first PRME 2009–2010 Progress Report. In the following PRME Progress Reports SEB LU focused on the achievements in relation to the implementation of the Principles. All reports are published below.

PRME Principles

Principle 1: PURPOSE

We will develop the capabilities of students to be future generators of sustainable value for business and society at large and to work for an inclusive and sustainable global economy.

Principle 2: VALUES

We will incorporate into our academic activities and curricula the values of global social responsibility as portrayed in international initiatives such as the United Nations Global Compact.

Principle 3: METHOD

We will create educational frameworks, materials, processes and environments that enable effective learning experiences for responsible leadership.

Principle 4: RESEARCH

We will engage in conceptual and empirical research that advances our understanding about the role, dynamics, and impact of corporations in the creation of sustainable social, environmental and economic value.

Principle 5: PARTNERSHIP

We will interact with managers of business corporations to extend our knowledge of their challenges in meeting social and environmental responsibilities and to explore jointly effective approaches to meeting these challenges.

Principle 6: DIALOGUE

We will facilitate and support dialog and debate among educators, students, business, government, consumers, media, civil society organisations and other interested groups and stakeholders on critical issues related to global social responsibility and sustainability.

SEB LU PRME report 2009-2020

SEB LU PRME Highlights

  • 2016 - 2018 >>>
  • 2016 - 2018

    • Embracing Corporate Responsibility within the SEB LU
    • The SEB LU co-creates the PRME Chapter of Central and Eastern Europe (CEE)
    • "Green Flag" acquired by SEB LU
    • CO2 emissions decreased by 640 tonnes, or by 46% in the last five years
    • Social Entrepreneurship Centre established within University of Ljubljana
    • Patronizing the project Slovenia Reads for enhancing literacy in reading

  • 2014 - 2016 >>>
  • 2014 - 2016

    • The SEB LU become the first institution in Slovenia and in the region to attain the Triple Crown accreditation, holding the three most renowned international accreditations EQUIS, AACSB and AMBA.
    • In 2016, the SEB LU celebrated its jubilee 70th anniversary of its existence under the slogan “We are researchers, professors and we are students”. Many socially responsible events were organized in order to celebrate this anniversary.
    • In order to assist incoming students integrate into the country’s social and academic environments and to help them join the labour market, foreign students were given the possibility to learn Slovenian by attending the “Slovenian for Foreigners” course in 2016.
    • A special team was established, namely the Team for New Teaching Methods and Technologies, in order to create a suitable environment for new teaching technologies and methods.
    • In the 2014–2016 period, almost 200 business projects were carried out as a result of co-operation with companies at first- and second-cycle study highlights.
    • To strengthen the pedagogical activity, co-operation with the business sector and internationalisation, the SEB LU successfully joined in three projects as part of a University of Ljubljana tender named “A Creative Way to Practical Knowledge”.
    • In order to raise awareness about corporate social responsibility, the Faculty strives to develop its own study cases, having already become a constant feature of the Portorož Business Conference.
    • In 2016 MSc programme Quantitative Finance and Actuarial Sciences was recognized as an academic partner of GARP (Global Association of Risk Professionals).
    • We have been actively measuring and monitoring the share of students’ final theses that critically discuss and intertwine various approaches, thoughts and schools.
    • In 2015 the SEB LU conducted its first Summer school on Cultural Managament. The Summer School is the fruit of the Art Council which was founded by the University of Ljubljana.
    • In the 2015/16 academic year, the SEB LU started a pilot project in order to create educational framework through efficient mentorship programme.
    • In the period 2014 – 2016 the share of articles with the topics on ERS was around 13.8 percent among all articles published by the SEB LU researchers.
    • In order to motivate young researchers, additional short and intensive highlights for PhD students were developed. It is worth mentioning the Ljubljana Doctoral Summer School programme, and Global School in Empirical Research Methods – GSERM in cooperation with the University of St. Gallen, Switzerland.
    • In 2016 the SEB LU Centre of Business Excellence (CBE) developed in cooperation with different Slovenian and international companies’ short intensive highlights on ERS topics for business community: Mercator Summer School, NLB Summer School and EY Summer School. Worth mentioned are also two projects the BTC Campus Murska Sobota and the BTC Campus Ljubljana.
    • In 2014 a book titled Making Sustainability Work: Best Practices and Managing and measuring Corporate Social, Environmental, and Economics Impact by Mark J. Epstein and SEB LU prof. Adriana Rejc Buhovac was published. In addition, in 2016, a special attention should be given to the jubilee anthology of the Economic and Business review (EBR) - a special compilation of selected EBR articles from past decades.
    • The SEB LU encouraging students’ engagement related to global social responsibility and sustainability, to name a few projects: every year, the SEB LU Student Council organises a charitable educational week that features various workshops at which students can acquire soft skills. In the 2015/16 academic year, the SEB LU Student Council raised funds for the charitable organisation Ana’s Little Star; students raised a founds for the Project Human, an association helping young people struggling with different types of addiction. In 2016 on Women’s Day celebration, the Management Group Association raised funds for a safe house for women etc.

  • 2012 - 2014 >>>
  • 2012 - 2014

    • opening of the SEB LU’s Small Gallery
    • developing personal mobility plans of SEB LU employees since 2014 (this is in addition to the SEB LU’s Mobility Plan)
    • using employee satisfaction surveys as a tool to build positive employee relations and a positive work environment
    • establishing the Alumni Cycling group
    • installing automatic gliding doors at all entrances to reduce energy consumption
    • finalising the reconstruction project for increased energy-efficiency
    • adopting Corporate Integrity Guidelines
    • adopting the 2016-2020 strategy at the end of 2014 with ERS incorporated into values, mission and vision as well as into key strategic areas and strategic results
    • the Code of Research Ethics, adopted by the University of Ljubljana in 2014, and the European Code of Conduct for the preservation of research integrity (European Scietific Foundation and ALLEA) accepted in 2014 by the SEB LU Research and Doctoral Program Committee
    • holding an organic-food market “From garden to office” at the SEB LU’s atrium since 2014, along with the faculty’s own “From garden to office” website
    • promoting a healthy life-style through healthier food options in the bars and restaurants on the faculty’s premises (for example, a new health food restaurant called ‘Greeny’, a new ‘Healthy’ menu at the restaurant Sodexo)
    • promoting a healthy lifestyle through providing yoga, pilates and dance lessons on the faculty’s premises since 2014 and ski lessons and other activities organised by members of the SEB LU’s Unit for Physical Education

  • 2010 - 2012 >>>
  • 2010 - 2012

    • constructing a solar power plant
    • integrating ERS into learning goals and objectives of all the faculty’s highlights
    • the Ethics Committee since 2011
    • the Code of Ethics since 2012
    • promoting SEB LU values and Code of Ethics in all classrooms since 2012
    • managing a special section of the SEB LU’s website on social and environmental responsibility since 2012
    • supporting the activities of the Confucius Institute organising courses, workshops and summer schools for children since 2012
    • implementation of the University of Ljubljana Integrity Plan adopted to enforce the Integrity and Corruption Prevention Act from 2012
    • initiating a large-scale project to renovate the faculty’s premises and increase energy-efficiency
    • establishing the SEB LU Foundation which supports deprivileged students by providing scholarships
    • developing, in partnership with the Urban Planning Institute of the Republic of Slovenia, the SEB LU’s Mobility Plan

  • 2009 - 2010 >>>
  • 2009 - 2010

    • SEB LU becomes PRME signatory
    • calculating the SEB LU’s Carbon Footprint since 2009
    • promoting water and energy savings with posters, stickers and leaflets throughout the SEB LU premises since 2009 (these activities started with the Re:Think project)
    • supporting activities of the SEB LU’s Eco Team, which has been active since 2009
    • providing ‘BigFish’ Bicycles, available to all employees since 2010
    • supporting the arts and managing the SEB LU’s Gallery, which has featured a new artist every month since 2010
    • managing the Confucius Institute, which promotes Chinese culture in the wider Slovenian society since 2010

Other activities the SEB LU has been involved in continuously are:

  • encouraging paper and environmentally-friendly waste collection by providing segmented bins and collection points
  • adjusting working conditions and the working schedules of employees to operate as a family-friendly employer
  • incorporating ERS into course content, student assignments and in the overall curricula
  • encouraging the inclusion of ERS topics into undergraduate, master and doctoral theses
  • integrating ERS into the SEB LU’s executive education highlights
  • integrating ERS into research and development highlights
  • promoting social responsibility through diverse socially responsible projects initiated and organised by the SEB LU staff and students
  • organising and participating in other events promoting ERS (such as round tables, conferences, academies)
  • providing physical education highlights for all first-year students at the undergraduate level
  • promoting sports activities among employees and their families with sports courses at the premises of the University of Ljubljana
  • supporting the faculty’s sports teams
  • continuously improving accessibility for disabled people by adding new wheelchair ramps; the SEB LU’s Centre for Student and Career Services also provides tutors for students with special needs.
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