Our approach to sustainability
We believe a sense of shared responsibility is essential for the prosperity of individuals, businesses, communities, and nations. Challenging what is, and inspiring what could be, we develop leaders who transform organizations and contribute to society. We support responsible leaders who act with integrity, contribute to sustainable performance, and have a positive impact on the world.
At IMD, we have taken great strides in measuring and reducing our carbon footprint. We have conducted a comprehensive review of our impact on the environment and are developing a far-reaching strategy to reduce our emissions and energy consumption. This will entail regular energy audits, clear carbon reduction targets, and energy efficiency measures in our buildings and operations.
Our focus areas
IMD’s core focus areas reflect both how the institution influences others to contribute to sustainability through its teaching, research, and outreach, and how it embeds sustainable processes and behaviors into its own culture and operations.
Our materiality framework
Our materiality framework focuses on where IMD and our stakeholder interests converge.
Supporting the Sustainable Development Goals
IMD is a signatory member of PRME (Principles for Responsible Management Education), which seeks to deliver the 17 UN Sustainable Development Goals (SDGs) for 2030 through responsible management education. This decade is known as the Decade of Action for the SDGs and IMD is committed to doing its part to meet these ambitions through its scope to teach, research, convene, and develop business and not-for-profit leaders.
Carbon Footprint Report
IMD has completed the measurement of its Scope 1, Scope 2, and Scope 3 carbon emissions footprint for the year 2021, conforming with the internationally recognized standards of the Greenhouse Gas Protocol. The results are presented in the Carbon Footprint Report.
Carbon footprint summary of Scope 1, 2 and 3
Business School Impact System
In recognition of conducting a comprehensive impact assessment, IMD was honored with the prestigious Business School Impact System (BSIS) label from EFMD. The label recognizes business schools on the forefront of measuring their local impacts.
With the label, IMD became one of the approximately one dozen pioneering business schools to hold the three elite accreditations and the BSIS seal.
2022 was especially important in IMD’s sustainability journey, as we made significant strides in deepening our commitment through our teaching, research, outreach, and in our campus operations.