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Award Winning Business School Receives National Honor for Innovative Social and Environmental Programs

October 29, 1999 -- The University of Virginia's Darden Graduate School of Business Administration received an award in New York today from the World Resources Institute (WRI) and The Aspen Institute's Initiative for Social Innovation through Business (ISIB). WRI and ISIB's annual survey, Beyond Grey Pinstripes: Preparing MBAs for Social and Environmental Stewardship, recognizes the Darden School as an innovator in training future business managers to address environmental and social challenges in business.

The University of Virginia has one of the few MBA programs in the country that tries to link business to environmental and/or social issues. "We are delighted to honor the innovation and commitment demonstrated by schools highlighted in Beyond Grey Pinstripes. At the same time, we recognize that many business schools have a long way to go," says Judith Samuelson, executive director of ISIB. She adds that, "less than 20 percent of the 313 schools surveyed reported training students to manage the social and environmental challenges facing business."

Schools honored at the October 7th awards ceremony, held at Citigroup's headquarters in New York, distinguished themselves by incorporating discussion of environmental and social topics into the business school curriculum and extra-curricular activities. Their approach to social and environmental topics includes bringing in speakers, organizing multidisciplinary student projects, and supporting student activities and faculty research that filter into classroom materials and corporate decision-making models.

The 10 leading business schools recognized for MBA programs incorporating societal-business issues are: Case Western Reserve University (Weatherhead), Harvard University, Loyola Marymount University, Northwestern University (Kellogg), Stanford University's School of Business, University of Michigan Business School, University of Notre Dame, University of Pennsylvania (Wharton), University of Pittsburgh (Katz), and University of Virginia (Darden).

The 10 leading schools recognized for MBA programs incorporating environment-business issues are: Cornell University (Johnson), George Washington University, Rensselaer Polytechnic Institute (Lally), Tulane University (Freeman), University of Michigan Business School, University of North Carolina (Kenan-Flagler Business School), University of Pennsylvania (Wharton), University of Texas at Austin, and Vanderbilt University (Owen).

In addition to the schools honored today, four faculty members were also honored as faculty pioneers. They are: John Ehrenfeld from the Massachusetts Institute of Technology; Stuart Hart and James H. Johnson Jr., Kenan-Flagler Business School, University of North Carolina; and Lester B. Lave, Graduate School of Industrial Administration, Carnegie Mellon University.

The World Resources Institute is an independent center for global environmental policy, including a focus on private sector and business education programs. The Aspen Institute's Initiative for Social Innovation through Business works to enhance dialogue, teaching and research at the intersection of business needs and social concerns, with a special focus on business and management education.

Contact: Megan Shoup, (202) 729-7664; Jessica Laufer, (310) 575-9200

FOR ADDITIONAL INFORMATION: please contact the Office of University Relations at (804) 924-7116. Television reporters should contact the TV News Office at (804) 924-7550.
SOURCE: U.Va. News Services

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