ABSTRACT

This chapter introduces business schools as drivers of corporate sustainability and, by extension, Principles for Responsible Management Education (PRME) as an enabler of the success of United Nations (UN) Global Compact. It provides an overview of the Global Compact’s effort to increase and support localization and the potential for PRME to learn from those experiences. The chapter presents suggestions for enhanced collaboration between Global Compact Networks and PRME Chapters on education, research, partnerships, and student engagement. Pioneering examples of collaboration between Global Compact Networks and PRME Chapters in Brazil, India, Switzerland, the United Kingdom and United States are used to illustrate the potential for increased collaboration and the value and impact that it can deliver. PRME’s first Chapters were created in 2012, more than a decade after the first Global Compact Networks started to emerge. This allowed PRME to learn from early experiences, successes and failures of the UN Global Compact in establishing and sustaining a global portfolio of Networks.