(L-R): Economic Professor Dr. Mark Raymond, MBA student Yu Chung Chiu (Jacky), Sobey School of Business Director, Strategy & Accreditation Jane Mulatz, and BComm student Adrianna Timmons.
The Positive Impact Rating (PIR) is the only ranking measuring the positive impact of business schools and the only student-based rating of its kind. The PIR was developed by an international task force and was first released at the World Economic Forum in Davos in 2020.
The rating is based on data collected by student associations from 69 business schools from 25 countries. Students assessed their business schools on how they perceive their positive impact on the world, which goes beyond the contribution to business and the economy and addresses the need for positive societal impact.
The fourth edition of the Positive Impact Rating was announced at the 2023 PRME Global Forum. Bachelor of Commerce student Adrianna Timmons and MBA student Yu Chung Chiu (Jacky) attended the PRME Global Forum in New York thanks to a generous gift from Bill Linton BComm’75 DComm'22 and Marilynne Linton.
“I’ve always been really proud to be a student at Saint Mary’s University,” says Timmons. “For the Sobey School of Business to take part in a survey that gives students a voice and to implement their feedback says a lot about the school and what it’s been doing to support sustainability and having a positive impact on society.”
Societal impact and purpose have become the new focus not only for business but also for business schools. Participating schools were placed into five categories. “Transforming Schools” are those with a positive impact culture embedded in governance and systems, with visible results of progress in many impact dimensions. This was the first year the Sobey School of Business took part in the Positive Impact Rating Report.