News

EADA Business School is recognized, once again, as one of the best business schools for the world

18 June 2024

PIR 2024

For the fifth consecutive year, and on the 5th Anniversary of the PIR Rating since its creation, EADA Business School was recognized once again for its social impact and sustainability achievements when the Positive Impact Rating (PIR) results were launched today at the UN PRME Global Forum.

EADA Business School is one of 77 business schools from 30 countries worldwide that took part in the rating this year and achieved Level 4, making it a Transforming school within the PIR, for showing a positive impact culture, embedded in governance and systems, with visible results in many impact dimensions.

The demand for responsible business leaders has led to a strong interest in business schools demonstrating their societal impact. This is also visible at PIR, which now features a total of 102 schools that have been rated at levels 3 and above. This growth reflects a consistent rise in new participants, with over 30 new schools joining in 2024, 22 of which were rated. The 2024 survey garnered 15,222 student responses, a 19% increase from 2023 indicating a broader and deeper engagement with students.

The PIR is a rating conducted by students and for students who worldwide assessed their business schools on how they perceive their positive impact in the world. The positive impact of business schools goes beyond their contribution to business and the economy; it addresses the need for their positive impact for society.

Students assessed how EADA Business School addresses societal and sustainable challenges and prepares its students to be responsible business leaders. This year 118 students responded to the survey. Participating in the PIR demonstrates the value EADA Business School gives to student feedback and voice.

The rating survey asks students 20 questions in seven relevant impact dimensions that sit within three areas: Energizing, Educating, and Engaging. The overall PIR score of the business school is used to position the schools across five levels. The different levels refer to the developmental stage of the business school, rating it by a certain level of achievement. Business schools are provided with a defined social impact and a tool that they can use for change.

The PIR was created by business school experts together with global NGOs - WWF, Oxfam, and UN Global Compact. International student associations oikos, AIESEC, and Net Impact partner with PIR, supported by VIVA Idea (Costa Rica), The Institute for Business Sustainability Foundation & Fehr Advice, both from Switzerland.