Press Release Positive Management at the HEC MBA Program Paris, November 8th 2007 Confirming its status as a pioneer among French and European MBA programs, the HEC MBA has initiated a long-term process of sustainable development. This engagement translates into tangible action through our carbon neutrality initiative, which aims to raise the environmental awareness of our staff and participants and compensate their carbon emissions. “Complementing the humanitarian projects and sustainable development conferences we offer our participants, this carbon neutrality initiative represents a concrete and long-term engagement for the HEC MBA. It allows us to sensitize our entire community and respond to the threat of global warming, which is at the heart of current societal and business concerns,” explains Valérie Gauthier, Associate Dean of the HEC MBA Program. This action for the environment reflects the HEC MBA Program’s commitment to developing informed, responsible managers, capable of leading the businesses of tomorrow. Ecological carbon sinks and oxygen sources for the Brazilian population The HEC MBA Program has partnered with EcoAct to carry out a Bilan Carbone® (an audit of greenhouse gas production). In addition to developing a plan of action to reduce carbon emissions, the HEC MBA chose to participate in EcoAct’s community collaboration project, which emphasizes environmental preservation and social development. The goal of this project is twofold: reducing the ecological footprint of the HEC MBA Program and improving the living conditions of local Brazilian populations. In this way, HEC provides tangible support for “Plant for the Planet: Campaign for a billion trees,” a program launched by the United Nations Program for the Environment. PRESS CONTACTS HEC Elisabeth de Réals Tel : +33 (0)1.39.67.94.23 e-mail : dereals@hec.fr Elektron Press Relations Mélanie JAPAUD / Hélène HARRIET Tel. : +33 (0)1.45.26.01.04 Cellphone : +33 (0)6.87.64.11.31 e-mail : japaud@elektron-presse.com HEC Paris The leading European business school, specializing in management teaching and research, HEC Paris offers a full range of unique programs to train the leaders of tomorrow: the “Grande Ecole”, Specialized Masters, the MBA, the Executive MBA, the TRIUM Executive MBA, and the Ph.D. Since its creation in 1881, HEC has strived to foster effective and responsible leadership. We attain this goal through: - training that takes social and environmental factors into account - mastery of direct and indirect environmental impacts on campus - multiple societal engagements developed by HEC Group collaborators and students For further information, please visit: http://www.hec.fr HEC MBA Created in 1969, the HEC MBA offers a 16-month general management program for high-potential international managers (5 to 6 years of professional experience). With 87 % international students and 31% women, the HEC MBA is ranked among the top 20 programs worldwide by the Financial Times. For further information, please visit: http://www.mba.hec.edu EcoAct EcoAct creates customized sustainable development programs for companies committed to corporate social responsibility. EcoAct has developed numerous carbon compensation programs in Latin America and Africa that strictly adhere to the United Nations convention on climate change. For further information, please visit: www.eco-act.com