Volunteers can be catalysts for change. Tamara Friedrich and Haley Beer reveal how to foster their creativity to mark International Volunteers Day.
Sustainability
With the UN’s 17 Sustainable Development Goals as the bedrock for global change, the pressure on organisations and businesses to align their practices and objectives with them is growing. An increasingly ethically-minded public want business to be more than just about profit and demand they help society and preserve the planet.
From multinationals to SMEs and micro-businesses, this is a complex task, involving global supply chains, legacy IT systems, cultural shifts, stakeholder relations and more, while all the time maintaining a profitable business in a competitive and uncertain environment.
Academics at WBS are leading research into this area, producing practical insights that can help organisations and businesses of all sizes move towards a sustainable operation and help society meet the UN’s goals.
Recent sustainability work includes:
- A staff Sustainability Research Forum was launched to aid the development of sustainability-oriented research at WBS. This aids the sharing of best practice, knowledge, and resources across the faculty groups at the School. The Forum also invites guest speakers from other institutions and industry bodies to showcase their research, with previous speakers from the Bank of England, the University of Bologna, and Saïd Business School.
- A total of £2.73 million has been awarded in research grants, for ESG and sustainability research since 2020. This includes a grant of £1,129,377 to Dr Katharina Dittrich, Associate Professor of Organisation Studies, awarded by UK Research and Innovation (UKRI) for her project titled ‘Management insights for tackling grand challenges: the case of climate-related financial risks in the financial investment industry’.
- Our academics have published more than 60 sustainability research papers since 2020/21. These include ‘Real effects of climate policy: financial constraints and spillovers’ (Professor Söhnke Bartram, Journal of Financial Economics), ‘The geopolitics of energy system transformation: a review’ (Dr Mathieu Blondeel and Professor Michael Bradshaw, Geography Compass), and ‘”How do I carry all this now?": understanding consumer resistance to sustainability interventions’ (Professor Jorgen Sandberg, Journal of Marketing).
PRME
We're members of Principles for Responsible Management Education (PRME), a United Nations-supported initiative that aims to raise the profile of sustainability in business and management education. Our membership in PRME holds us accountable; annually we need to submit a Sharing Information on Progress (SIP) report, to document our sustainability work and progress.
Latest Sustainability Research
The last UK coal-fired power station at Ratfcliffe-on-Soar has closed. Michael Bradshaw and Louis Fletcher warn ditching gas won't be as easy.
Haley Beer explains how firms can measure and improve their social impact after leading a Q&A panel on sustainability at the MBA Alumni Conference.
Isabel Fischer explores whether AI can be trusted to make suggestions on sustainability that truly reflect human views.
Christian Stadler explores why Exxon is outperforming Shell despite the latter investing more in renewables - and what that means for the energy transition.
Yuval Millo reveals how the framework he developed with colleagues can help co-operatives turn their social impact into value.
Louis Fletcher reveals why the UK should focus on reducing demand rather than increasing supply to ensure energy security.
Hari Tsoukas, Jacky Swan, and Davide Nicolini reveal how skills, rather than ethical guidelines, can be the key to more ethical business decisions.
Earth Day: Michael Bradshaw reveals how the Ukraine war affected European energy security and the role of gas in the green transition.