The Sobey School of Business is eighth in the world for sustainability, according to the recently released Corporate Knights Better World MBA ranking.
The eight place finish marks the highest ranking yet for the Sobey School of Business at Saint Mary’s University. The school attributes its success to the way sustainable development and ethics are deeply embedded in its courses, the strong ethnic and gender diversity of its student and faculty, and the faculty’s extensive research on sustainability themes. Corporate Knights assessed 141 business schools across 25 countries for its rankings.
“Placed as we are here on the east coast of Canada, the impacts of climate change are strongly felt. At the same time, our province is a leader in immigration, and has a deep history in co-operative and alternate business models. We understand how important sustainability must be in business today,” noted Dean Harjeet Bhabra. “We are proud of our faculty’s strengths in international research and ethics, and the growing expertise in social enterprise development at Saint Mary’s, which have helped us achieve this recognition.”
The Sobey MBA program ranked second in Canada, with Schulich, at York University, placing first nationally. Warwick University in Exeter, UK, was ranked first in the world
Corporate Knights introduced two new metrics to this year’s ranking: the gender and racial diversity of graduate business department faculty. Such diversity can influence student perception of what leadership looks like, and means that business schools can model meaningful standards for more diverse corporate boards and management.
According to Corporate Knights, The University of Connecticut's School of Business and the Sobey School of Business at Saint Mary’s University in Halifax led the way on racial diversity with 51 percent of faculty identified as visible minorities.
Participating schools were graded on five indicators: the number of institutes and centres dedicated to sustainable development; the percentage of core courses that integrate sustainable development; faculty research publications and citations on sustainable development themes; and faculty gender and racial diversity.
In 2014, the Sobey school’s faculty unanimously voted to become signatories to the United Nations’ Principles for Responsible Management Education initiative (PRME). A central part of this commitment is a pledge to advance the UN’s Sustainable Development Goals.
For Saint Mary’s and the Sobey School, the ranking was helped by research and work conducted through the school’s centres: the Atlantic Research Group on Economics of Immigration, Aging and Diversity, the new International Centre for Co-operative Management, the Centre for Leadership Excellence, the David Sobey Centre for Innovation in Retailing and Services, and the Centre of Excellence in Accounting and Reporting for Co-operatives.
