The Sobey School of Business has been acknowledged for its outstanding social impact and sustainability achievements in the recently launched Positive Impact Rating (PIR) results. Among 77 business schools from 30 countries worldwide participating in this year’s rating, the Sobey School achieved Level 4, positioning it as a Transforming institution within the PIR framework.
A student-driven assessment
The PIR is a unique rating conducted by students and for students. For the third consecutive time, students worldwide evaluated their business schools based on their perceived positive impact on the world. Beyond contributing to business and the economy, business schools are crucial in addressing societal needs.
Students assessed how the Sobey School of Business tackles societal and sustainable challenges, equipping its students to become responsible business leaders. The data collection process was led by the Business Sustainability Society, which distributed the PIR survey across campus. This year, 150 Sobey School students actively participated in the assessment.
Participation in the PIR underscores the Sobey School’s commitment to student feedback and engagement. Associate Dean Margaret McKee emphasized, “The PIR is an important opportunity to capture the students' perspective on our social impact and sustainability, and we are inspired by their commitment to working together with us to transform business education.”
The PIR survey comprises 20 questions across seven relevant impact dimensions, categorized into three areas: Energizing, Educating, and Engaging. The overall PIR score positions business schools within five levels, reflecting their developmental stage and achievement. The Sobey School has a defined social impact metric to guide its ongoing efforts.
Prof. Thomas Dyllick, PIR Founder & Member of the Supervisory Board, highlighted the significance of student input: “As future students seek alternatives to select their business school, the PIR serves as a reliable resource. Schools, including the Sobey School, use the PIR to measure and communicate their transformational progress.”
The PIR was developed by business school experts in collaboration with global NGOs—WWF, Oxfam, and UN Global Compact. International student associations oikos, AIESEC, and Net Impact are proud partners of the PIR initiative, supported by VIVA Idea (Costa Rica), The Institute for Business Sustainability Foundation, and Fehr Advice (both from Switzerland).