SHARING INFORMATION ON PROGRESS MAY 2013 Contents EADA at a glance .............................................................................................................. 3 Letter of renewed commitment ........................................................................................ 3 Centers / institutes ........................................................................................................... 4 Corporate Sustainability Impact Center ................................................................................. 4 Commitment by Principles ................................................................................................ 6 Principle 1................................................................................................................................ 6 Principle 2................................................................................................................................ 7 Principle 3.............................................................................................................................. 11 Principle 4.............................................................................................................................. 12 Principle 5.............................................................................................................................. 16 Principle 6.............................................................................................................................. 17 Future perspectives / Key objectives................................................................................ 17 2 EADA at a glance EADA was founded in 1957 More than 120,000 alumni from over 40 countries 85% of international students in full time programs Campus in Barcelona and a Residential Training Centre closed to Monsterrat Joint programmes with CENTRUM Pontificia Universidad Católica, University of Maastricht, Leipzig Graduate School of Management, Kozminski University, Audencia School of Management, IAE Aix–en-Provence, Bradford University School of Management and MIP Politecnico di Milano. One of EADA’s objective as a Foundation is to manage its day to day activities in an environmentally friendly fashion and at the same time to be responsible towards its stakeholders. Its role as a “good corporate citizen” is fulfilled primarily by the presence of a traditionally strong ethics and CSR component in its programmes, and also through other specifically social initiatives which aim to have a positive impact on the community in which it operates. In terms of its Corporate Social Responsibility (CSR), EADA intervenes in two important ways. On the one hand, EADA has developed a CSR policy as a Foundation, with programmes and actions related to its participants, it employees and the wider community. On the other, EADA has a comprehensive CSR strategy which is an integral part of its training activity, in other words, it produces academic research on Sustainability and Social Impact related issues and has permeated all its programme syllabuses with CSR related concepts. Letter of renewed commitment At EADA as an institution of higher education involved in the development of current and future managers we declare our willingness to progress in the implementation of the 6 Principles for Responsible Management Education, starting with those that are more relevant to our capacities and mission. We will report on progress to all our stakeholders and exchange effective practices related to these principles with other academic institutions. At the same time, as a signatory of the Global Compact since 2010, EADA is committed to prepare and send the corresponding progress reports. EADA is an academic institution where the Values we share are: Independent thinking, Responsible actions, Sustainable actions, Integrity, Learning by Doing, Entrepreneurship, Quality and Internationalization. Miquel Espinosa General Director 3 Centers / institutes CORPORATE SUSTAINABILITY IMPACT CENTRE The Centre is, on the one hand, the result of many years of teaching Corporate Social Responsibility in the MBA and Executive Education Programmes (Luis Torras) and, on the other hand, the new approach brought by Dr. Elisabeth Garriga. The new centre is managed by Dr. Elisabet Garriga and aims to research and develop models that measure the impact of Corporate Social Responsibility and Sustainable Management on companies. Finally, the centre investigates the return on social investment either in monetary terms, or in corporate behavior, or in both. Dr. Elisabeth Garriga from the Business Policy and Economics Department, as well as Dr. Alexis Mavrommatis from the Marketing Department, are driving forces of the centre, which also receives input from the departments of People Management and Operations and IS. The Centre also aims to share new knowledge with the participants in class. From MSc to Executive MBA level, responsible management is part of the course curricula, and sessions are programmed to look into the impact of CSR decisions. The innovative issue of this centre is based on its differentiation towards other already existing centres. The Centre covers a niche in CSR-research by focusing on the impact of CSR in companies. Finding ways to measure this impact helps to evaluate CSR-policies and to receive a broader acceptance of CSR. Dr. Elisabeth Garriga is experienced in this issue and has worked with multinational companies (Inditex, AACREA, Gas Natural, Pricewaterhouse Coopers, AGBAR, … ) and supranational institutions (UNDP) in Argentina as well as in China. Her academic achievements are reflected in conference participations where she has presented papers in the field of CSR, Social Capital and Stakeholder Theory and in academic publications. Several activities were carried out with the support of non-academic institutions: • Company workshop in Buenos Aires within the United Nations Development Programme in October 2011. The aim was to test a capability model. • Research presentation in CosmoCaixa (2010) (Barcelona) with Flavio Fuertes, Director of Global Compact of Argentina and Dr. Kellie McElhaney from Berkeley’s Haas School of Business, July (2012). • Presentation of the social impact of entrepreneurial activity on the Square Table meeting of Global Compact UN (Spain) in EADA (December 2012). The Square Table is a forum bringing together representatives of different spheres within the framework of the World Pact in Spain. • Attendance to the Congress of Deputies (Catalonia) 12/2012, special commission on disability and CSR. • Research with SERES Foundation with companies such as CitiGroup, DKV (ERGON Group) and Grupo Norte (2011-2012). Research Document titled “The measure of social impact”. • Research with Agbar (2012) and Foundation Vincenç Ferrer in a water project in India. 4 Related research projects are: • Garriga, E., The Role of Change Agents in the Sense Making Process of CSR: Social Networking Approach (presented EBEN Annual Conference 2011) • Masuda, A.D., Power Motives and Core Self-Evaluation as Correlates of Managerial Morality (published Academic Leadership) • Masuda, A.D. et al. Interaction of Core Self-Evaluation and Perceived Organizational Support on Work to Family (published The Journal of Psychology) • Marquina, P./Morales, C., Influence of CSR on Purchasing Behavior in Peru and Spain (to appear in International Marketing Review) Through the CSI Centre, EADA also supports the activities of the EADA Green Business Society, an initiative that is related to the Centre. The GBS is a voluntary student club for all who have an interest in Climate Change, Green Business, Sustainability and Ecological Issues. Throughout the year, the club organises a series of 6 interactive seminars to raise the awareness for environmental sustainability and to encourage participants to discuss the major issues facing the world and business in the future. 5 Commitment by 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. In EADA we believe that sustainable and socially responsible company management is not a choice but a unique long term strategy. That’s why we not only feature specific subjects on CSR but all of our main subjects such as corporate strategy, finance, HR, marketing, take into account economic, social and environmental sustainability in their syllabuses. We believe that in order to be profitable on a long term basis, companies today need to implement strategies that incorporate sustainable management, which do not only optimise economic results but also the impact on society at both a human and environmental level. EADA’s aim is formulated in its Mission described below: MISSION • • • • • • We are an independent non profit institution founded in Barcelona (Spain) in 1957. We believe in humanist organisations and companies. We are dedicated to training and developing people and to their professional improvement. Through research and teaching our aim is to train managers of companies and organisations who are economically efficacious, socially responsible and respectful towards the environment. In our pursuit of continuity we aim to be an influence on society. We manage ourselves efficiently. We must make a profit via our activity, which will enable us to guarantee the institution’s future. 6 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. CURRICULUM Below are examples of core courses taught in the MBA and Masters programmes: Social Responsible Execution In the recent years business has increasingly been viewed as a major cause of social, environmental and economic problems. Even worse the more business has begun to embrace social and environmental issues in their activities; the more it has been blamed for society's failures. A big part of the problem lies with the companies themselves in their approach to value creation and its business models (focus on optimizing short term financial performance) while missing important customer needs and society and environmental issues and important stakeholders in the implementation of corporate strategies. The recent idea of shared value aims to create economic value in a way which also creates value for society by addressing their needs and challenges. A growing number of companies such as GE, Google, Nestle, Unilever, Wal-Mart have already embarked in important efforts to create shared value. New business models are also developed to foster shared value around the world in different industries. In this course, we discuss managerial decisions regarding the responsible execution of the strategies, and business models that foster economic, social and environmental value (shared value). We will visit different contexts and industries, and you will learn strategy making related to the environment and society in the value creation process. The objectives are: To apply critical reasoning to analyze the problems of economic and social value creation To introduce the concept of shared value as a source of competitive advantage To understand the main elements of business models of shared value To evaluate actual and future demands, issues and opportunities for responsible execution and shared value Social Entrepreneurship Project Social entrepreneurship (SE) is one of the most modern forms of enterprise, proposing innovative solutions to society’s most pressing social problems. It requires ambition, persistence, and a desire to tackle major social issues and offer new ideas for wide-scale change. Social entrepreneurs do not leave unmet societal needs to the government or business sectors, they find what is not working and solve the problem by changing the system, spreading the solution, and persuading entire societies to take new leaps. In most cases, for these solutions to be long-lasting they must also be profitable. The purpose of this project is 7 for MBA students to gain first-hand experience with developing and implementing a social entrepreneurship concept. The project proposed by students should identify a specific problem and find a potential solution for it. The business concept should be ethical, address specific social needs, be financially viable, and have the potential to be replicated. Aims The key objectives of the Project are to: Have students create a social business within the MBA program period Provide innovative business education Foster the dissemination of new ideas and methods to create companies Develop entrepreneurship and team working skills Provide new perspectives on business responsibility towards society Offer students the opportunity to be an agent of change and make a difference to a target group in just one academic year Some examples of projects are: - Fair Trade Reusable Bags: A social business idea to import reusable bags for the sale in Barcelona, to encourage green behaviour and fair trade. - Braval: Promoting sports activities as a viable and healthy alternative for youth in “El Raval” district, and for incorporating them into the society of Barcelona. - Drops Make an Ocean: Customers of the Primary Partner are enticed to give many small donations, known as ‘round ups’, as they make purchases, in return they receive discount vouchers for use with our Secondary Partners. - The EcoMind Shapers: Ecomind Shapers was established to educate the community about the environmental, social and health impact coming from the use of organic products for babies and children. - Green Moving: It aims to provide an alternative transport option in Barcelona by setting up an Electric Motorbike rental network. - Destroy and Build: The main purpose of “Destroy and Build” is to take the stress created by our daily lives and to transform it into something productive that will be beneficial for the society itself. The concept consists in a relaxing activity known as “destructoterapia”, already popular in countries like Japan and Germany. - Barcelona bearable: An initiative to provide local ambulances with teddy bears for children, which helps make the frightening ordeal that a child experiences more "bearable". - Foto X Futuro: It is the 1st Annual Social Awareness Photography Contest project initiated in Barcelona, Spain in 2010 The project aims to address the social problems communities face everyday. The 2010-2011 Contest objective is to generate awareness regarding the impacts of Poverty. 8 - Moragas Foundation: The main goal is to help non-profit organizations, by using our business knowledge, to analyze basics aspects of their operations in order to help them increase their efficiency, productivity and profitability. Elective courses and Seminars: Green Retailing: InSearch of ECO-Librium Librium Carbon Politics: The UN Climate Change Conferences, Carbon Trading& Offsetting New Sources of Energy: Creating a low-carbon Economy Water Management in a Globalised World Fairtrade: A Mainstream Economic Model? Product Design & Ownership. Entrepreneurship, Innovation & Sustainable Product Development The Marketing Mix, Consumers and Greenwashing CFA Institute EADA was officially named a partner of the CFA Institute in London via the International Master in Finance programme which covers at least 70 percent of CFA’s Programme requirements. This organisation works towards ensuring that the finance programmes of the world’s leading business schools abide to strict ethical and professional standards in training in the financial field. ON CAMPUS SPEAKERS Seminar “How to innovate in the social sector” (January 2012) Speaker: Patricia Sáez, Alumni of the EADA MBA and author of the book “Capitalism 2.0. The power of the citizen to change the world” EXECUTIVE ALUMNI MEETING 2012 (February 2012) On this occasion, the event revolved around the concept of Happiness: a corporate shared vision that starts with each individual’s experience and attitude and leads to a way of living the company experience as a collective dream. Conference: “Stumbling on Happiness” Speaker: Dr. Dan Gilbert, professor of Psychology at Harvard University Round table: “Happiness in the workplace” Moderator: Dr Steven Polemans, EADA Professor Speakers: Silvia Vilchez, Director of People Management of MRW Ana Sainz, General Director of the SERES Foundation 9 Carlos Chaguaceda, Corporate Director and Chairman of the Happiness Institute of Coca Cola 10 Principle 3 Method: We will create educational frameworks, materials, processes and environments that enable effective learning experiences for responsible leadership. EADA has launched a course on Climate Change and Green Business. The course is designed to create a significant impact upon participants. The programme includes a series of interactive seminars and a green-related final project. The objective is to create an educational framework, materials, processes and environments that enable effective learning experiences for responsible leadership. To support the course, a new “Green Business and Marketing” section has been created in the library, which contains over 100 new titles. EXTRACURRICULARS The School supports organizations and actively promotes the engagement of participants and staff in non profit activities on a permanent or on a yearly basis, but does not allocate a specific budget for individual activities. In addition the School organizes, under the initiative of the participants and staff, a series of activities to support specific segments in need of the local and international community, allocating time, space and additional infrastructure if needed. The faculty supplies the information it has about activities, organisations, social networks and needs of the local community. Activities: - - - Inauguration Ceremony Academic Year: several forums on CSR are held led by executives of MSF (Médicos Sin Fronteras), Laboratorios Esteve, Greenpeace. Blood donation: the International MBA organizes several blood donations every year to supply the Red Cross under-resourced blood bank. The last donation took place in April, 2012. Solidarity Sandwich: an occasional institutional initiative to raise funds when natural disasters occur. For example, for the reconstruction of the area affected by the earthquake in Japan on 14th April 2011. A 750 euro donation to the “Soñar despierto” Foundation, collected from payments from alumni to participate in the MBA 2012 options. Movember Campaign: in November 2012, EADA participated in this fundraising campaign, promoted by some participants of the International Master in Marketing, asking men to grow a moustache with the aim of raising vital funds and awareness for Prostate Cancer charities. 11 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. Conceptual research: GARRIGA Cots, E. (2012) How do European SME owner-directors make sense of ‘stakeholder management’? – Insights from a cross-national study. To appear in Journal of Busines Ethics. The vast majority of empirical research on stakeholder management has traditionally focused on multinational corporations. Only in recent years, scholars have begun to pay attention to the stakeholder management concept within the context of small and medium-sized companies (SMEs). The few studies existing however discuss SMEs as a context free category or remain focused on single country analysis. This cross-national empirical research studies the small-business owner-managers’ perceptions of stakeholder management in six European countries. The comparative analysis is followed by a discussion about the linguistic and cultural elements that influence sensemaking of stakeholder management. The translation of the term “stakeholder” in the different languages and the context of its adoption and dissemination partially explain regional differences of perception. Our study questions the universality of management terms and warns that more attention should be paid to the institutional, cultural and linguistic environment that shape economic activity in different parts of Europe. GARRIGA, ELISABET. (2012) Beyond Stakeholder Utility Function: Stakeholder Capability in the Value Creation Process. Special Issue, Journal of Business Ethics. In spite of the thousands of articles on stakeholder theory, research on value creation has had a shorter history and narrower breadth. Only a few studies have researched from a stakeholder lens what value creation is how stakeholders appropriate value, or the processes or activities by which stakeholders create value. To the extent that to date, some questions remain unanswered regarding how a firm should treat stakeholders in order to create value. Specifically from the stakeholder’s side, several questions arise: What does value mean for stakeholders? What does “value” mean for a particular group of stakeholders and how do firms create these different types of value? How do we measure the value created by stakeholders (beyond the accounting and financial measures)? What is stakeholder behavior in the value creation process? The purpose of this paper is to answer these questions from Amartya Sen’s Capability Approach, identifying and measuring stakeholders’ capabilities in the value creation process. Stakeholder capability is the adequate concept to understand stakeholder welfare rather than the utility function concept. The empirical evidence is provided by an in-depth case study, of the company The Grobo Group and its stakeholders. The results indicate the following stakeholder capabilities which are relevant for value creation: employable, autonomous, innovative, entrepreneurial, responsive, social capabilities and healthy. The employable, autonomous, innovative and responsive stakeholder capabilities are those which have higher weight which have never been identified before in previous Amartya Sen Studies. 12 GARRIGA, E; Melé,D.(2012)Corporate Social Responsability Theories: Mapping the Territory. 30th anniversary Journal of Business Ethics The Corporate Social Responsibility (CSR) field presents not only a landscape of theories but also a proliferation of approaches, which are controversial, complex and unclear. This article tries to clarify the situation, ‘‘mapping the territory’’ by classifying the main CSR theories and related approaches in four groups: (1) instrumental theories, in which the corporation is seen as only an instrument for wealth creation, and its social activities are only a means to achieve economic results; (2) political theories, which concern themselves with the power of corporations in society and a responsible use of this power in the political arena; (3) integrative theories, in which the corporation is focused on the satisfaction of social demands; and (4) ethical theories, based on ethical responsibilities of corporations to society. In practice, each CSR theory presents four dimensions related to profits, political performance, social demands and ethical values. The findings suggest the necessity to develop a new theory on the business and society relationship, which should integrate these four dimensions. MASUDA, A.D.; McNall, L.; Allen, T.; Nicklin, J. (2011) Examining the Constructs of Work-toFamily Enrichment and Positive Spillover. Journal of Vocational Behavior. This paper reports construct validity evidence surrounding two recently developed measures of the positive side of the workfamily interface: work-to-family positive spillover and work-to family enrichment. Results of two studies indicate that the best fitting model distinguishes between WFPS and WFE, each with three sub-dimensions. However, these studies also showed that several items measuring WFE cross loaded into factors measuring WFPS. Results from the discriminant analyses showed that the sub-dimensions of WFPS and WFE uniquely predicted job satisfaction and life satisfaction. Yet, when WFPS and WFE were examined as one dimension, the measure of WFE predicted life satisfaction but the measure of WFPS did not. Across both studies, WFE mediated the relationship between WFPS with both job and life satisfaction. These results suggest that enrichment and positive spillover are distinct but related constructs, each with three sub-dimensions. More work is needed, however, to refine the measurement of WFE and WFPS. McNall, L.; Masuda, Aline D.; Shanock, Linda R.; Nicklin, Jessica M. (2011) Interaction of Core Self-Evaluations and Perceived Organizational Support on Work-to-Family Enrichment. The Journal of Psychology, 145 (2), 133–149. The purpose of this paper was to offer an empirical test of Greenhaus and Powell’s (2006) model of work-family enrichment by examining dispositional (i.e., core self-evaluations; CSE) and situational (i.e., perceived organizational support; POS) factors associated with work-tofamily enrichment (WFE) and whether these variables interact in predicting WFE. In a survey of 220 employed adults, our hierarchical regression analysis revealed that in highly supportive work environments, individuals reported high WFE regardless of CSE. On the other hand, when POS was low, individuals high in CSEs reported higher WFE than those low in CSEs, in support of conservation of resources theory. Implications for research and practice are discussed. Masuda, Aline D.; Poelmans, S.; Allen, T.D.; Spector, P.E.; Lapierre, L.M.; Cooper, C.L.; Brough, P.; Ferrero, P.; Fraile, G.; Lu, L.,; Lu, C.-Q.; Siu, O.L.; O’Driscoll, M.P.; Simoni, A.; Shima, S.; Moreno-Velazquez, I. (2011) 13 Flexible working arrangements availability and their relationship with work-to-family conflict, job satisfaction, and turnover intentions: A comparison of Three Country Clusters. Applied Psychology: An International Review, In Press. The present study explored the availability of fl exible work arrangements (FWA) and their relationship with manager outcomes of job satisfaction, turnover intentions, and work to-family conflict (WFC) across country clusters. We used individualism and collectivism to explain differences in FWA availability across Latin American, Anglo, and Asian clusters. Managers from the Anglo cluster were more likely to report working in organisations that offer FWA compared to managers from other clusters. For Anglo managers, flextime was the only FWA that had significant favorable relationships with the outcome variables. For Latin Americans, part-time work negatively related with turnover intentions and strain-based WFC. For Asians, flextime was unrelated to time-based WFC, and telecommuting was positively associated with strain based WFC. The clusters did not moderate the compressed work week and outcome relationships. Implications for practitioners adopting FWA practices across cultures are discussed. MASUDA, A. ; Sortheix, F. M. (2012) Work-Family Values, Priority Goals and Life Satisfaction: A Seven Year Follow- up of MBA Students. Journal of Happiness Studies, in press. The present research takes a motivational approach to examine the work-family interface and well-being. We report a longitudinal study which shows that giving priority to family goals over work and leisure goals lead to higher life satisfaction after 7 years from reporting such goals. Additionally, this effect was mediated by family satisfaction. We also found that family priority goals led to higher life satisfaction in time 1 only when people also reported high levels of family values. This interaction was not significant when predicting life satisfaction at time 2. Instead, family values uniquely predicted life satisfaction at time 2. Contrary to our expectations work values did not moderate the work priority goals and life satisfaction relationship either at time 1 nor time 2. However, results showed that individuals who prioritized and valued work over family reported lower levels of life satisfaction at time 1. This effect was not found at time 2. We used self determination theory to develop our hypothesis. Marquina, P., MORALES ROSALES, C. E. (2012)Influence of CSR on the Purchasing Behavior in Peru and Spain. To appear in International Marketing Review, 29(3). The research study has three objectives. One is to provide empirical validation of the relationship between corporate social responsibility (CSR) and corporate abilities (CA) as an influential factor in socially responsible consumption. The second is to ascertain whether there are significant differences between CSR parameters estimated in the purchasing decisions of consumers from Peru and Spain. Finally, we measure people’s tradeoff between the social (CSR) and traditional (CA) features of their purchasing decisions in terms of their willingness to pay. A discrete choice modelling experiment was used to test the relationship between CSR and CA, quantify consumers’ intention to purchase, and establish their willingness to pay for specific social features. We found that there is a positive relationship between CSR and CA regarding consumer behavior and that Peruvian consumers seem to be more sensitive to CSR features of products than Spanish consumers. Moreover, the results show that the willingness to pay for each specific social feature seems to be contextually defined. This paper contributes to the ongoing debate regarding the importance of corporate social responsibility as an 14 influential factor in consumers’ socially responsible consumption. It quantifies the social features of companies’ products as willingness to pay. Empirical research ICSA Grupo-Aline Masuda (2012) “Informe Diferencias retributivas hombre-mujer”. The survey confirms that the gender remuneration gap has widened once again according to the 2012 salary updates and that the number of women in managerial posts has dropped by almost 9% since the beginning of the crisis. EADA and Fundación SERES Since 2011 we have been members of Fundación SERES which furthers the commitment of companies towards improving society through responsible actions aligned with the company’s strategy and that generate shared added value. In collaboration with Fundación Seres we are currently drawing up a “Measurement Model of the Social impact of CSR Programmes”. The aim of this model is to measure the capabilities (according to Amartya Sen’s theory) that CSR programmes produce in programme beneficiaries. In addition to this, the measurement model incorporates other aspects: strategy, stakeholder relations, programme design and indirect impacts in order to provide comprehensive measurements. What’s more, the model can help to identify and design CSR programmes that, once incorporated into the company strategy and culture, can maximise the social impact on stakeholder group capabilities. Conferences: Elisabet Garriga “Beyond the Stakeholder Utility Function: Stakeholder Capability in the value creation process”. BALAS Annual Conference, 27-30 March 2012, Rio de Janeiro, Brazil. “Beyond the Stakeholder Utility Function: Stakeholder Capability in the value creation process”. IABS, 14-17 June 2012, Ashville -North Carolina, USA. “Stakeholder Capability in the value Creation Process: Empirical Evidence from Multi Case Study Research”. EABIS, 2-4 July 2012, Lausanne, Switzerland. “Stakeholder Capability in the value Creation Process: Empirical Evidence from Multi Case Study Research”.SBE, 3-5 August 2012, Boston , USA 15 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. Our partnership with CENTRUM, Pontificia Universidad Católica del Perú places EADA in a solid position in Latin America, where we have been gaining visibility since we started running joint Master Programmes leading to a double degree in Lima in 2007. The number of masters, editions and participants has been growing steadily from 285 in the first year of operation to 419 in the last academic year. In collaboration with CENTRUM Pontificia Universidad Católica del Peru we are running the Master Specialized in Social Responsibility and Sustainability. The participants will obtain business management skills integrated to the principles of social responsibility that will guarantee the sustainable growth of the business and their interest groups, in harmony with society and the environment. EADA also offers custom programmes addressed at NGOs and job placement firms for disabled people. For example: LA CALAIXERA Special Work Centre for people with mental health problems, where EADA has worked in different sessions with the management committee to help them professionalise the running of the institution. FUNDACIÓN TALLERS Through Group Coaching methodology the EADA Coaches team has worked with the management team of the Fundación Tallers in order to improve teamwork between departments and to help the foundation cope with the current organisational changes. And the Project with the EADA Alumni Entrepreneurs of the company: BIHOOP EADA worked through corporate coaching sessions with the management team in order to enable them to define their company strategy. 16 Principle 6 Dialogue: We will facilitate and support dialog and debate among educators, students, business, government, consumers, media, civil society organizations and other interested groups and stakeholders on critical issues related to global social responsibility and sustainability. We understand that our own organizational practices should serve as example of the values and attitudes we convey to our students. The EADA Green Society is a voluntary student club for individuals who have an interest in Climate Change, Green Business, Sustainability and Ecological Issues. Throughout the year 2012, the club organised a series of 6 interactive seminars: Green Retailing: InSearch of ECO-Librium Librium Carbon Politics: The UN Climate Change Conferences, Carbon Trading& Offsetting New Sources of Energy: Creating a low-carbon Economy Water Management in a Globalised World Fairtrade: A Mainstream Economic Model? Product Design & Ownership. Entrepreneurship, Innovation & Sustainable Product Development The Marketing Mix, Consumers and Greenwashing The objective of the society is to encourage participants to discuss the major issues facing the world and business in the future. 5. Future perspectives/Key objectives. As an institution of higher learning involved in the education of current and future leaders, EADA is committed to upholding the UN Global Compact Principles of Responsible Management Education and to engaging in a continuous process of improvement in the application of the Principles for Responsible Management Education. We undertake to report on progress to all stakeholders and to exchange effective practices with other academic institutions. As a signatory to the principles, we believe that the values of social responsibility and sustainability are important in all areas of the School’s activities. This includes the areas identified in the principles: the business school curricula, programme design, courses and learning, research as well as in partnerships and dialogue with all our stakeholders. Specifically, we aim to continue improving in the following areas: 17 Research: Elisabet Garriga is working with the SERes Foundation (http://www.seres.es) to devise a “Measurement Model of the Social impact of CSR Programmes”. The aim of this model is to measure the capabilities (following Amartya Sen’s theory) that CSR programmes produce in programme beneficiaries. In addition to this, the measurement model incorporates other aspects: strategy, stakeholder relations, programme design and indirect impacts in order to provide comprehensive measurements. What’s more, the model can help to identify and design CSR programmes that, once incorporated into the company strategy and culture, can maximise the social impact on stakeholder group capabilities. Curricula and Programme Design: A complete transversal analysis of sustainabilityrelated concepts in the MBA and MSc programmes is under way, in order to ensure greater co-ordination between disciplines and consistency in the t the delivery of these issues is consistent throughout the whole programme, and that all strategic & cross functional concepts that are learnt during the year can be applied within the context of sustainability. Similarly, EADA has re-designed and better integrated the Green Business Society, a student society created three years ago to allow interested participants to further explore issues of sustainability in business. This year, all students who show a high level of participation in the GBS activities will receive a Statement of Achievement, recognizing their commitment to sustainable growth. 18