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2019 RESPONSIBLE MANAGEMENT REPORT The Copenhagen Business School Office of Responsible Management Education (CBS PRME) is proud to announce this year's Responsible Management Report. This report functions as our fifth Sharing Information on Progress (SIP) Report for the United Nations-supported initiative, Principles for Responsible Management Education (PRME). This report is also CBS' first Communication on Engagement (COE) Report, demonstrating our continued engagement with the United Nations Global Compact (UNGC).

What is PRME? The Principles for Responsible Management Education (PRME) is a United Nations-supported initiative founded in 2007 as a platform to raise the profile of sustainability in universities and business schools around the world, and to equip today's business students with the understanding and ability to deliver change tomorrow.

As a voluntary initiative with over 650 signatories worldwide, PRME (pronounced "prime") has become the largest organised relationship between the United Nations and management-related higher education institutions. Working through six principles, PRME engages business and management schools to ensure they provide future leaders with the skills needed to balance economic and sustainability goals, while drawing attention to the Sustainable Development Goals (SDGs) and aligning academic institutions with the work of the UN Global Compact.

The CBS Office of Responsible Management Education works to promote these Principles at CBS. As a PRME Champion School we are actively engaged with the United Nations Global Compact (UNGC) and other PRME schools, which have led to collaborative projects, such as CBS PRME's curriculum development project (see pages 17-19). Furthermore, we are engaged with the UNGC network, in particular the Danish network, to help strengthen cooperation between our business school and industry.

For more information on the CBS PRME office and the six PRME principles, see pages 8-9. For information on CBS, see pages 12-13. Information on the Sustainable Development Goals can be found on page 11.

What is the United Nations Global Compact? The United Nations Global Compact is the world’s leading voluntary corporate citizenship initiative, which includes thousands of businesses from every continent, in addition to hundreds of other stakeholders.

As an Academic Participant, CBS helps the UN Global Compact shape the most effective ideas, develop tools and research, and further their partnership projects, as well as helping to hold businesses accountable to their commitments to the UN Global Compact and its ten principles.

For more information on the principles of the UN Global Compact, see page 10.

Further Information This report was edited, designed and the layout created by Rebecca Waterton. The report was co-edited by Martiina Srkoc. Find CBS PRME at [email protected], tlf +45 31 85 26 51, or on our website, cbs.dk/prme. Many thanks to the CBS PRME team for their help in creating this report. Published March 2019. Welcome Letter from Per Holten-Andersen, President of CBS 2012-19...... 4

Letter from Gregor Halff, Dean of Education at CBS...... 5

Reflections on PRME at CBS from Outgoing Academic Director Kai Hockerts...... 6

Welcoming our New Academic Director, Caroline Aggestam Pontoppidan...... 7

Introduction to the CBS PRME Office...... 8

The 6 PRME Principles, the 10 UN Global Compact Principles and the 17 Sustainable Development Goals...... 9

Section 1: CBS Facts and Figures...... 12

Section 2: Education...... 16

Section 3: PRME Community...... 30

Section 4: Student Involvement...... 34

Section 5: External Engagement...... 42

Section 6: Research...... 50

Section 7: Objectives and KPIs...... 66

Index...... 72 Photos: Malene Mølgaard Christensen (Front cover, p. 34, p. 44 (Influencers)). Bjarke MacCarthy, (Back cover, p. 2-3, 8-9, 13, 14-15, 23, 24, 30, 32-3, 39, 48, 50-1, 66-7, 70-1.), Jakob Boserup (p. 16, 68-9.), Carolina Moreira Mariotto (p. 29), Annie Sprat (p. 31), CBS PRME (p. 37), Liza Dava (p. 40), Grace Livingstone (p. 42), Tina Erfani (p. 49), Steen Brogaard (p. 44 (Brøbol portrait), Jeppe Carlsen (p. 4), Mark Garten (p. 9, Guterres portrait). 4 LETTER FROM PER HOLTEN-ANDERSEN PRESIDENT OF CBS, 2012-2019 Copenhagen Business School (CBS) In 2019, CBS appointed Caroline achieving the 2030 agenda. This is became a PRME signatory back in Aggestam Pontoppidan as our new a change of the business-as-usual 2008. As an early pioneer, we have Academic Director for CBS PRME. mindset. already come far in incorporating I am confident that Caroline has the the six PRME principles as core CBS PRME team’s full support and As we have seen with the CBS elements within our institution. In together, they will drive forward a Case Competition and their shift, 2015, we received the Award for PRME agenda at CBS. changes are also happening in Excellence in Reporting for our CBS management. After seven biennial Sharing Information on In line with Principle 3: Method, incredible years as President of Progress (SIP) report, and I am CBS recognizes the importance of CBS, I am stepping down. As of extremely proud that we received creating quality teaching materials, March 1st 2019, Nikolaj Malschow- this award once again for our 2017 readily available to faculty. This Møller will be the new President SIP report. A lot has happened will include an expansion of of CBS. He is a of since our last report, and as a PRME CBS PRME’s highly respected economics and comes from an Champion school, I take great case initiative. I see Principle 6: academic career at the University pride in bringing PRME forward Dialogue as an absolute necessity in of Southern Denmark. Nikolaj is throughout our institution. order to drive student engagement well acquainted with CBS as he for the PRME agenda. As such, has previously served as Director In the last year, CBS has undergone I congratulate initiatives like of Research at the Centre for major changes. Not only in CBS Case Competition for, this Economic and Business Research senior management, but also at year, making the UN Sustainable (CEBR) at CBS. I welcome Nikolaj the CBS PRME office. In 2018 Development Goals (SDGs) the and wish him the best of luck CBS welcomed both a new Dean backbone of the competition, in his time as CBS’ President. I of Research, Søren Hvidkjær, alongside organising events such as am confident that Nikolaj will and a new Dean of Education, their highly praised annual panel continue our work with responsible Gregor Halff. Søren Hvidkjær is debate, which this year focussed on management education. the former head of department “SDGs – An Inventory of Business at the Department of Finance, Opportunities”. It makes me so very As President of CBS, I am dedicated and a dedicated research leader. proud to see a full auditorium with to the UN Global Compact’s PRME CBS has a noteable track record students and companies debating initiative and I am proud to help within responsible management and engaging with each other on promote the six PRME principles, education-related research and I how companies can address the alongside the SDGs, within our look forward to seeing how Søren SDGs, by turning global challenges institution and the wider business will help our research within this into business opportunities. To community. I fully support the field excel even further.Gregor me, this engagement level is a clear efforts to make students work for a Halff, Dean of Education, will testimony to CBS students’ will- more sustainable society and global work intensively on how we can power to solve some of the world’s economy. On that note, I would like equip students with more complex most urgent challenges whilst using to strongly confirm CBS’ continued capabilities. I fully support his knowledge obtained through their commitment to PRME. work, since equipping students with business education. There is no such capabilities is vital in order to doubt that our students know that address complex global challenges. business is part of the solution in 5 LETTER FROM GREGOR HALFF DEAN OF EDUCATION AT CBS Since being appointed Dean of decades, and what are the complex on the interlinkages between the Education early last year, I have capabilities that a graduate will Sustainable Development Goals set out to formulate a strategy need to address these challenges? and integrated reporting in the for the future of education at The formulation of a new strategy to public and private sector. Caroline Copenhagen Business School. How future-proof students’ capabilities is will also be joined by Martiina do we prepare our students for the an ambitious one that involves focus Srkoc, Head of CBS PRME expectations and challenges they groups, surveys, and a structured Secretariat, Lavinia Iosif-Lazar, will face in the coming decade and exchange with our key stakeholders Project Lead of CBS PRME, Louise in the more distant future? These including the government, unions, Thomsen, Project Manager of CBS were questions I raised prior to and industry associations. I would PRME, and a dynamic team of proposing a model for how we like to use this opportunity to thank student assistants whose dedication will be working with education in all staff and students for taking part and energy serve as the backbone the coming years. We are in the in this new journey, as it is their hard of PRME here at CBS. Martiina and process of formulating a strategy work and dedication that will shape the team have worked passionately for education that incorporates the way we educate. Furthermore, I to support the endeavors of PRME Principle 1: Purpose, Principle would like to give a special thanks and I have no doubt that Caroline 2: Values, Principle 3: Method, to our outgoing Academic Director and the CBS PRME team will and Principle 6: Dialogue of the for CBS PRME, Professor Kai succeed in bringing PRME to the UN Principals for Responsible Hockerts, whose passion for PRME next level. Management Education. I view was of key importance in helping to the incorporation of these shape the way we educate by taking My hope is that by the end of 2019, principles into our educational responsible management education Copenhagen Business School will strategy as integral in order to to the next level here at CBS. be recognized as not only a stellar ensure responsible, high quality business school offering excellent education, that equips our students During Kai’s eight years serving as quality business education but also with the complex capabilities and the Academic Director for PRME, one that defines the new kinds knowledge needed to navigate in a Copenhagen Business School of capabilities for a new, more rapidly changing world. was invited to Champion status complex world. for 3 consecutive 2-year cycles as Business schools need to evaluate well as receiving the “Award for The world needs innovative, future- what kind of capabilities we are Excellence in Reporting” for our thinking students that are capable equipping students with in order to Sharing Information on Progress of addressing complex grand give them the best foundation for a (SIP) report for two executive challenges and turning these into meaningful professional life. This is periods. On that note, I would also real business opportunities. As where Copenhagen Business School like to warmly welcome our new Dean of Education, I would like can take a world-leading position Academic Director for CBS PRME, to reiterate Copenhagen Business as we set out to define complex , Caroline School’s commitment to Principles capabilities; a combination of skills Aggestam Pontoppidan. Caroline for Responsible Management needed for specific challenges as joins us from the Accounting and Education and work towards opposed to a narrower focus on Auditing Department here at CBS incorporating PRME even further individual skills. We then need and has also worked for several into our educational strategy, to to ask ourselves - What are the bodies of the United Nations. ensure that our students become great challenges for the coming Her current focus of research is tomorrow’s responsible leaders. 6 KAI HOCKERTS OUTGOING ACADEMIC DIRECTOR, CBS PRME In 2018, CBS celebrated 10 years support among top management This reality is visible in the numer- of PRME membership. This 5th and heads of departments has been ous CBS faculty supporting Re- Responsible Management report crucial in creating widespread ac- sponsibility Day, teaching in PRME is thus a good occasion to both ceptance of the PRME agenda at cornerstone and flagship courses, look back in appreciation and to CBS. and participating in our Assis- consider what still lies ahead of us. tant Professor Development pro- In doing so, I would like to take a While there have been many in- gramme. What all these activities broader view, taking stock of the volved in the PRME implementa- have in common is that, rather than past three decades. tion process, none can claim such prescribing a single top down view a pivotal role as Jonas Eder-Han- of what PRME means for CBS, they I first heard about CBS in 1994 sen, the first PRME project man- have encouraged faculty colleagues working for Simon Zadek at the ager. Crucially, Jonas succeeded in to reflect on what they feel respon- New Economics Foundation on the committing CBS top management sible management means for them- emerging practice of corporate ac- to ambitious goals and KPIs right selves. In this way, we have promot- countability. When I was looking from CBS' very first PRME report. ed diversity, allowing PRME to take at European business schools en- It was this report that has com- on a different meaning depending gaged in research and teaching in pelled CBS to engage in a stagger- on the disciplinary and departmen- this new field, the research of Prof. ing number of cutting-edge PRME tal context. Unsurprisingly, this di- Peter Pruzan on values-based man- projects, positioning CBS at the versity is subject to a controversial agement stood out. He was one of forefront of PRME practice, whilst and lively debate. For me, engaging the first academics to systematically also creating external expectations in this debate lies at the heart of analyse the emerging domain of so- that have proven to be an important what it means to be a responsible cial accounting and auditing both accelerant in keeping PRME practi- management educator. in theory and practice. It is from tioners at CBS on our toes. Peter’s enthusiastic presence in the Handing over the leadership of classroom that much of our current It is these practitioners who have the PRME office after eight excit- PRME practice has sprung. engaged in the often tedious but ing years, I am amazed about how crucial work of engaging individ- much we have actually achieved. Peter’s initiative finally paid off in ually and repeatedly with faculty At the same time, I am aware that 2002, through the first institution- – junior and senior, Danish and much work still lies ahead. Im- alization of responsible manage- international, as well as across a portantly, the debate about what it ment education at CBS - the foun- broad range of disciplines and de- means to be a responsible manage- dation of the Center for Corporate partments. This work would not ment educator will no doubt con- Social Responsibility (cbsCSR). have been possible without the de- tinue. I am delighted that with Car- Under Mette Morsing's leadership, voted leadership of the heads of the oline Aggestam Pontoppidan, the cbsCSR has grown into a light- PRME officeLene Mette Sørensen PRME office has a new Academic house at CBS, attracting faculty and Martiina Srkoc. They have been Director who can take the debate from across disciplines and depart- supported by an enthusiastic, high- about what PRME means for CBS ments. Mette has anchored respon- ly motivated and loyal team of ad- into the more classical business sible management squarely on the ministrative and research support school departments such as ac- agenda of all deans and presidents staff namelyLavinia Iosif-Lazar, counting, finance and economics. at CBS since cbsCSR's foundation. Louise Thomsen, and Marie Kous- This eventually culminated in the trup Frandsen, as well as a long list I am very much looking forward launch of the CBS Sustainability of student assistants who through to the next decade of PRME imple- Platform and importantly in the their innovative ideas, passion, and mentation at CBS. decision to sign up to the PRME hard work have made PRME a real- principles in 2008. Creating strong ity at CBS. 7 CAROLINE AGGESTAM PONTOPPIDAN INCOMING ACADEMIC DIRECTOR, CBS PRME I am thrilled to be taking over the role as Academic Director for PRME at CBS. Since 2008, the PRME office at CBS has been working to equip students with the skills needed to balance economic and sustainability goals.

Entering 2019 means that it is now professional bodies and individuals are required in a new, more more than three decades since in a sustainable direction. complex world. We need to the publication of the seminal further our understanding of how report ‘Our Common Future’ in We in the PRME community such competencies are fostered 1987. The report was targeted at therefore see a strong need to at CBS. There is also a mounting placing sustainable development address the knowledge needs that demand to address the UN firmly on the global political this development requires and to Sustainable Development Goals agenda. It defines sustainable develop the future competencies in (SDGs) for undergraduate and development as: "development our students that will support the graduate students, so that we create that meets the needs of the present realization of this critical agenda. competencies that are capable of without compromising the ability addressing the issues formulated of future generations to meet I am thrilled to be taking over in the 17 SDGs and understand their own needs''. Following the the role as Academic Director their interlinkages with business issuance of this report, numerous for PRME at CBS. Since 2008, opportunities. Realizing the SDGs meritorious initiatives have been the PRME office at CBS has been through responsible management established in pursuit of sustainable working to equip students with the education is therefore an important development. TheUnited Nations skills needed to balance economic task for us. Global Compact, formed in 2000, and sustainability goals. This is one example of such initiatives. has, for example, included the PRME at CBS is committed to The United Nations Global Curriculum Development Project, having an impact on responsible Compact encourages businesses which asked the study boards management education locally globally to adopt sustainable and of all CBS bachelor programs to as well as globally. As Academic socially responsible policies, and formulate student competencies Director of PRME, I will emphasise to report on their implementation. reflecting the principles ofstrong collaboration with our Under the coordination of the responsible management education broader stakeholder community UN Global Compact and leading within each program. We have to support and strengthen this academic institutions, Principles aimed to embed considerations purpose. I consider the liaision with for Responsible Management on what is right and wrong in a fellow UN PRME representatives Education was born in 2007. business context into our curricula, and fellow signatories at a global and as well as the responsibility of local level as a critical component Sustainability and responsibility an organization with regard to to foster and support the global have over time thus become highly its impact on its social, natural movement for responsible ingrained into the agendas of and economic environment, thus management education, where we governments, alongside business fostering important reflectionswould like to see CBS acting as a and academic society across the among our outgoing students. global leader and supporter. globe. Agenda 2030 and the United Nations Sustainable Development In the future, we will further our In the end, we all have a Goals (SDGs) have made a research work on responsible responsibility for our common further push for an urgent need to management education, to address future. transform our societies, industry, what kind of new competencies 8 THE CBS PRME OFFICE It is a great pleasure for the CBS Office of Responsible Management Education to introduce its fifth Responsible Management report, which covers activities related to responsible management education at CBS in 2017-2019.

Caroline Aggestam Pontoppidan, Kai Hockerts Martiina Miira Matharu Srkoc Lavinia Iosif-Lazar Louise Thomsen Academic Director, Former Academic Director, Head of Secretariat, Project Lead, Project Manager, CBS PRME CBS PRME, 2011-19 CBS PRME CBS PRME CBS PRME and Velux Endowed [email protected] [email protected] [email protected] [email protected] Chair in Corporate Sustainability [email protected]

Rebecca Waterton Emilie Jallov-Haag Carolina Moreira Mariotto Amelie Többen Isabel Kannegiesser Project Manager, Project Manager, & Project Project Manager, Responsible Project Manager, Curriculum Responsible Management Report Responsibility Day 2019 Coordinator, Responsibility Day 2019 Tech Hackathon Development [email protected] [email protected] [email protected] [email protected] [email protected]

Malene Mølgaard Christensen Malou Sophie Celander Maria Paola Calasso Liza Dava Tina Erfani Project Manager, Students for Website and Project Coordinator Statistics Coordinator Marketing Coordinator Projects and Communications the Global Goals 2019 [email protected] [email protected] [email protected] Coordinator [email protected] [email protected]

Felix Wittke Mia Lotte Hauff Sidsel Bjørnseth Jacob Schjødt Franz Buchmann Project Manager, Student RME Communications Project Manager, Project Manager, Student Assistant Research [email protected] Communications Students for the Global Goals [email protected] 2018

Aafke Diepeveen Grace Livingstone Elizabeth Petit González Student Assistant Project Researcher, Project Manager, Case Writer, Responsibility Day Responsibility Day 2018 2018 CBS PRME ALUMNI 9 SIX PRME PRINCIPLES The six PRME principles constitute the foundation for the work we do on responsible management education. They provide a solid structure to help us excel in important areas that will contribute to improving our curricula and research.

PURPOSE We will develop the capabilities of students to be future generators of sustainable value for business and 1 society at large and to work for an inclusive and sustainable global economy.

VALUES We will incorporate into our academic activities and curricula the values of global social responsibility 2 as portrayed in international initiatives such as the United Nations Global Compact.

METHOD We will create educational frameworks, materials, processes and environments that enable effective 3 learning experiences for responsible leadership.

RESEARCH We will engage in conceptual and empirical research that advances our understanding about the role, dynamics, and impact of corporations in the creation of sustainable social, environmental and economic 4 value.

PARTNERSHIP We will interact with managers of business corporations to extend our knowledge of their challenges in meeting social and environmental responsibilities and to explore jointly effective approaches to meeting 5 these challenges.

DIALOGUE We will facilitate and support dialogue and debate among educators, students, business, government, consumers, media, civil society organisations and other interested groups and stakeholders on critical 6 issues related to global social responsibility and sustainability.

ORGANISATIONAL PRACTICES (NOT AN OFFICIAL PRINCIPLE) We understand that our own organisational practices should exemplify the values and attitudes we convey to our students.

The PRME initiative was launched to nurture responsible leaders of the future. Never has this task been more important. Bold leadership and innovative thinking are needed to achieve the Sustainable Development Goals. António Guterres, United Nations Secretary-General 10 UNITED NATIONS GLOBAL COMPACT PRINCIPLES TheUnited Nations Global Compact (UNGC) is an initiative for companies to engage in corporate sustainability by aligning with universal principles on human rights, labour, environment, and anti-corruption, as well as taking strategic action to advance the Sustainable Development Goals (SDGs). In May 2018, CBS became a member of the Global Compact. We decided to join the Global Compact to build bridges between research and business, as well as to strengthen ties between CBS and the other Danish universities, including the Technical University of Denmark (DTU) and University of Copenhagen (KU). Joining the Global Compact also further strengthens CBS' partnerships with business schools and universities across the Nordic region in the PRME Nordic Chapter and Global Compact Networks in the other Nordic countries, by assisting them in the advancement of the SDGs. HUMAN RIGHTS

Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and Principle 2: make sure that they are not complicit in human rights abuses. LABOUR

Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining; Principle 4: the elimination of all forms of forced and compulsory labour; Principle 5: the effective abolition of child labour; and Principle 6: the elimination of discrimination in respect of employment and occupation. ENVIRONMENT

Principle 7: Businesses should support a precautionary approach to environmental challenges; Principle 8: undertake initiatives to promote greater environmental responsibility; and Principle 9: encourage the development and diffusion of environmentally friendly technologies. ANTI-CORRUPTION

Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery. 11 UNITED NATIONS SUSTAINABLE DEVELOPMENT GOALS

On the 1st of January 2016, the 17 Sustainable Development Goals (SDGs) of the 2030 Agenda for Sustainable Development, adopted by world leaders in September 2015 at a historic UN Summit, officially came into force.

By 2030, with these new goals that universally apply to all, countries will mobilise efforts to end all forms of poverty, fight inequalities and tackle climate change.

However, this responsibility cannot only be relegated to governments and businesses. It is now up to all of us, guided by the goals, to work together to build a better future for everyone.

As well as encouraging businesses to adhere to the 10 UN Global Compact Principles, the multi-year strategy of the UN Global Compact is to drive business awareness and action in support of achieving the Sustainable Development Goals by 2030.

This is one of the reasons we have decided to highlight the SDGs addressed in our activities this year.

As a member of the UN Global Compact, we are also required to report our engagement with the 10 UN Global Compact Principles, derived from the Universal Declaration of Human Rights, the International Labour Organisation's Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development, and the United Nations Convention Against Corruption.

For this reason, each article in this report is accompanied by a visual reminder of the PRME principles, Global Compact principles, and SDGs it addresses. Articles addressing all SDGs are accompanied by the SDG wheel, featured at the top of this page. 12 SECTION ONE CBS FACTS AND FIGURES

Founded in 1917, CBS is one of the largest business schools in Europe with roughly COPENHAGEN 20,500 students and 2,200 staff. Offering a wide range of business-oriented university BUSINESS programmes, CBS provides an innovative research environment with 12 different departments. At CBS, we have a strong mission, vision and identity which we refer to as “Business in Society”. SCHOOL Four new Business in Society platforms were launched in 2018: Maritime, Diversity and Difference, Inequality and Transformations. IDENTITY

CBS is an international business university. With the distinctiveness of its diversity, CBS combines elements from conventional business schools and the “full university” model – always maintaining a focus on our impact on the society and a commitment to research and research-based education. We play a major role in the discussion of innovative and entrepreneurial business models, sustainable organisational forms and economic practices within the perspective of responsible management and leadership. We nurture an entrepreneurial spirit within CBS, encouraging new ideas, open to individual initiative and flexible in the face of new opportunities. MISSION CBS has a particular responsibility to bring knowledge and new thinking to companies and organisations, to the next generation of business leaders, and to society as a whole. Our major contribution takes the form of research and research-based education. We have an obligation to educate both young and experienced people for the business world and for society by providing them with a sound basis of knowledge and insights from the latest international research for the purpose of value creation and sustainable development. VISION CBS aims to become a world-leading business university that recognises the vital role of business and the public sector in shaping society – and the equally important manner in which business practices and processes are shaped by society. At the core of our future development will be the training of students capable of contributing with innovation and entrepreneurship to high level employment, and the creation of research which is both academically excellent and contributes significantly to finding new answers to societal challenges. The precondition is an attractive, responsible and engaging workplace that involves employees and students and high international standard in everything we do – and an organisation that has the capacity to integrate and co-create with the surrounding society. SECTION ONE CBS FACTS AND FIGURES 13

As a campus in the heart of Frederiksberg Kommune, CBS has a responsibility to integrate sustainability into the overarching university vision, mission, teaching and learning, research, and operations. Matching this need, in 2018, Campus Services launched a campus sustainability strategy, which was adopted as an official CBS sub- strategy in the autumn of that same year. , Kristjan Jespersen, together with project manager Tore Klitgaard, are tasked to author a Campus Sustainability Plan. These efforts built upon “a strong experience of a campus that not only weaves together with the existing city, but creates new spatial experiences ... and integrates the city into the campus through a significant urbanization of the campus area” (CBS Master Plan, 2014). Through these actions, CBS sets in motion a commitment to increase its focus on sustainability in the built environment with concrete initiatives to be implemented around CBS.

In addition to contributing to a more sustainable development, the strategy not only offers the potential for using CBS as a laboratory for sustainability, but in fact requires it. Within such a campus environment, students can learn about sustainability and see the value of sustainable actions, and researchers can analyze and help show the world how solutions to future challenges can be solved. Only in this way can CBS deliver a serious sustainable impact on the outside world. Kristjan Jespersen, [email protected] Tore Klitgaard, [email protected]

2012 2013 2014 2015 2016 2017 2018

19,264 19,999 20,819 22,564 22,829 21,703 20,422 Student population

Non-Danish students 2,942 3,106 3,474 4,046 4,287 3,955 3,928

210 258 239 239 224 192 192 PhD students

Full-time academic staff 614 690 748 736 673 639 633

Part-time academic staff 792 730 712 844 874 882 884

Administrative staff 617 549 586 610 649 684 700

169.3 164.9 164.9 165.6 174.4 181,6 179,2 Funding (million EUR) 14 SECTION ONE CBS FACTS AND FIGURES PRME AT CBS HIGHLIGHTS 2017/18

Summer 2017 CBS is awarded an award for Excellence in Reporting once again for our 2017 SIP Report.

October 2017 CBS MBA achieves fourth place on the 2017 Corporate Knights Top 40 Better World MBA ranking.

December 2017 CBS is invited to become a PRME Champion for the third time.

May 2018 CBS becomes a member of the United Nations Global Compact.

August 2018 CBS PRME celebrates 10 years of PRME at Copenhagen Business School.

December 2019 The CBS Office of Responsible Management Education appoints a new Academic Director - Caroline Aggestam Pontoppidan. SECTION ONE CBS FACTS AND FIGURES 15 PROMOTING PRME ON SOCIAL MEDIA In the past 2 years we have built up our social media platforms on Facebook, Twitter, Instagram and LinkedIn. The purpose of our social media presence is to engage students and academics in topics related Promoting the UN to responsible business practices, the UN Global Global Compact Compact, the SDGs, and raise awareness about our office at CBS. SOCIAL MEDIA By making our work visible we can provide resources, guidance and HIGHLIGHTS 2017/18 exposure for student organisations We gained 1,125 Facebook followers and colleagues managing between 2017 and 2019. We post about sustainable events. In the future we plan to continue PRME related projects and events at CBS, and building up our platforms most of our followers are students interested and providing valuable content relating in sustainability and responsible management. You to the PRME can find us at facebook.com/cbsprme. principles.

As of March 2019 we had 534 followers on Twitter and 193 on LinkedIn. Our followers on Twitter and Linkedin are mainly NGOs, companies, and academics. Connect with us @cbsprme.

We have nearly 450 followers on Instagram, join us here for snapshots of our events and life in the CBS PRME office! Liza Dava [email protected] EDUCATION SECTION TWO EDUCATION 17 DEVELOPING CURRICULUM ON RESPONSIBLE 2017 OBJECTIVE MANAGEMENT Curriculum development is a and they can be published more In order to achieve this goal, we long-term project encourag- frequently. are in the process of establishing ing bachelor and master pro- a task force with members from grammes to reflect on their Data shows that, throughout the programme study boards (both individual perspective on re- duration of the project, faculty academic and students) who will sponsible management edu- have integrated more and more provide input on best approach- cation by framing expected responsible management edu- es as well as feedback on the al- competencies that alumni at- cation into their courses. Many ready established processes. tain from the programme. The teachers revise their course out- responsible management com- lines in order to integrate the The main audience of the re- petencies as well as the relevant responsible management com- ports are teaching faculty, study course content are then high- petencies of their programme boards and students. Although lighted in a report first published and ask for relevant teaching the reports are available online in April 2017 (more details can material. The project therefore and can be accessed by the tar- be found in the 2017 CBS PRME succeeds in raising awareness geted audience, they can prove report).The initial report and its about responsible management to be quite difficult to find and content have been updated in education, while it allows the access. In order to make the re- 2018 to show the changes that programmes to have diverse in- ports more visible, also to stu- occurred in course content and terpretations of the term. dents or faculty members who programme structure. are interested in the results but Having run the project at Bache- were not directly involved in the However, due to the dynamic lor level, the focus is now placed data collection process, we are nature of the programmes, the at engaging the Master pro- currently working on establish- updating process proved to be grammes in the data collection ing a digital platform where the challenging when we consid- and analysis process. As for now, information contained in the ered a once per year update of data from students has been col- reports is available and easier to the entire suite of CBS bache- lected for two programs: Master navigate. This will also allow for lor programmes and the results of Science in Business Adminis- a more flexible use of the report were available only after the tration and Philosophy - Cand. contents as well as facilitate up- school year had ended. In order merc (fil), and Business Admin- dates and access to social media to make sure the reports on re- istration and Psychology - Cand. channels. sponsible management content merc. (psyk). The aim for 2019 capture the content of the on- is to have data collected for 50 going academic year, updates of per cent of the CBS Master pro- the reports are now handled on a grammes and all Master pro- Lavinia Iosif-Lazar semester basis and not annually grammes represented by 2020. [email protected]

Applied research to advance best practices 18 SECTION TWO EDUCATION

During CURRICULUM the project, we encountered some DEVELOPMENT challenging situations which provided valuable CHALLENGES AND insights for the future approach of the project. TAKEAWAYS Lavinia Iosif-Lazar [email protected] STUDY BOARD TASKFORCE The process of establishing the project on the master level is different to the one applied for the bachelor programs. We are currently working on a project task force with study boards and their programme directors. As part of the task force, programme directors and study boards can bring up own ideas, assess the progress and discuss methods and approaches. This is to ensure that the results of the project meet each programme’s individual goals and potential needs. TEACHING MATERIAL Throughout the updating process, an increasing number of teachers expressed interest in teaching material connected to responsible management. We are therefore working in collaboration with the CBS Office of Teaching and Learning on establishing a platform with access to relevant cases and class material in order to ease the educators’ access to the different types of teaching material relevant to their class topic. We hope that this platform will also help teachers in blending their classes with new and innovative teaching materials, thus increasing the blended learning of their students and giving them a more diverse learning experience of responsible management. MORE EFFICIENT REPORT UPDATES In the past years the report was updated towards the end of the year. All teachers were contacted during the second semester to ask whether the descriptions of their courses still reflect the course content. However, this process resulted in the reports being updated towards the end of the academic year. To publish the report before the end of the school year, the autumn semester teachers are now contacted in autumn and the spring semester teachers in winter and early spring. The finished reports are then published and available in May. We are also looking into creating a digital format of the reports in order to increase user accessibility and usability. DIRECT CONTACT WITH STUDENTS It proved difficult to get in contact with students through e-mails or surveys. As we are currently working on getting data for the master programs, we ask teachers for five minutes of one of their lectures to present the project to students. We then directly ask the students to fill out a very short and concise survey in class. It turned out to be a successful approach for the Master programs contacted so far, with high response rates from students that gave us valuable insights. Students could also work together to answer the survey during class. This approach yielded faster results and better communication with students. SECTION TWO EDUCATION 19 RESPONSIBLE MANAGEMENT IN BSC PROGRAMMES INTERNATIONAL SHIPPING AND TRADE

Transporting more than 80 per cent of international trade in terms of weight, the global shipping industry is a critical component in the global economy. At the same time, it faces significant management challenges related to its social and environmental footprint. For instance piracy and corruption pose serious threats to seafarers and the business of shipping. Another example of responsible management issues pertains to the greenhouse gas emissions from ships, which are a source of serious concern both within the industry and for society more broadly. The BSc programme in International Shipping and Trade focuses on these challenges in several of our courses, including Maritime Economics, Maritime Law and Maritime Policy. It prepares students to address these challenges and to reflect critically about the social and environmental effects of their work and their decisions.

René Taudal Poulsen, Associate Professor INTERNATIONAL BUSINESS AND POLITICS

International Business and Politics (IBP) has sought, at both BSc and MSc level, to introduce ‘responsibility’ into its courses and the dialogues amongst both staff and the students associated with the programme. The Study Board began the process by amending the IBP BSc competency profile so as to highlight our collective commitment to the project. That commitment had two defining features in practice. First, we defined ‘responsibility’ in a broad sense so as to encompass issues such as inequality, diversity and the ethics of corporate behavior alongside questions of sustainability. Second, we attempt to avoid pre-set assumptions about the character of particular issues or the policy solutions that might be adopted. Thus, while many look towards government direction and provision we also hope to explore the efficacy of market-based processes. We are still at a relatively early stage. Nonetheless, these questions are increasingly addressed across a number of our courses. Furthermore, our restructured MSc programme (from September 2019 onwards) includes an optional course considering corruption (Corruption: Causes, Consequences and Policies) and the BSc mandatory Political Science course will be expanding to consider the interactions between politics, gender, race, and ethnicity as well as the politics of sustainability. Edward Ashbee, Professor with Special Responsibilities 20 SECTION TWO EDUCATION CBS LAUNCHES AN SDG TASKFORCE All Principkes In 2015, the United Nations learning outcome, the Ministry aiming to implement the SDGs launched the UN Sustainable of Education has developed a and sustainability on a broader Development Goals, also platform with SDG materials for scale at CBS. The Taskforce referred to as the SDGs. teachers (see: verdensmaalene. aims to address sustainability The SDGs comprise of 17 dk). Danish universities are not related issues and implement development goals creating a required to implement the SDGs concrete solutions to make CBS common language for reacting by the Ministry of Education, so a more sustainable campus and to the global challenges and it is up to individual universities educational institution. As of setting the targets for global whether to do so. However, 2019, the Taskforce represents development until 2030. (For interest in universities' position 7 departments: Accounting; more information on the SDGs, on sustainability is high among Strategy and Innovation; see page 11.) students and staff, and external Management, Society and partners and Danish universities Communication; Organization, The Danish Ministry of Foreign are increasing their engagement Management Politics and Affairs has played a significant with the SDGs. Philosophy, Campus Estate, CBS role in incorporating the Business as well as Student & UN's SDGs into teaching and The initiators of the CBSInnovation House and oikos. curriculum in Danish high SDG Taskforce felt the need schools. Besides implementing to coordinate and scale up Louise Thomsen the SDGs as a highlighted existing and new initiatives [email protected] SECTION TWO EDUCATION 21 WHAT'S IN A RANKING? Copenhagen Business School has been consistently ranked among the top 15 business schools worldwide in the Corporate Knights Better World MBA ranking, placing 4th place in 2017 and 14th in 2018.

According to Toby Heaps, CEO of development; faculty research in rankings such as Financial Corporate Knights, “the ranking publications and citations Times Global MBA Ranking shows which business schools on sustainable development to review their methodology. are stepping up to the plate to themes; and faculty gender and The aim is to ensure that the unleash the power of business racial diversity. ranking’s measurements of as a force for good in our world”. value and worth in business Responsible management and Recently, more traditional education are aligned with the sustainability are at the heart of rankings, such as the Times needs of schools, students and the CBS MBA. During their time Higher Education ranking wider society, according to a in the programme, students go (THE), have also considered the recent article by Isabel Berwick. through a 50-hour core course responsibility and sustainable At the same time, Nitin Nohria, taught by the programme’s development indicators and Harvard Business School dean, Associate Dean, Andreas Rasche. have started looking at the stressed the importance of “We introduce students to the overall impact of business educating trustworthy leaders latest business practices and schools’ education, including and that “the more meaningful research in the field, invite guest the undergraduate and the metric, the more compelling speakers and practitioners to graduate programmes. The THE question, is whether business the classroom and inspire lively University Impact rankings aim schools are moulding leaders debate based on cases, company at capturing the universities’ who deserve the world’s trust.” visits and future scenarios”, says impact on society and plan to Andreas Rasche. measure the success universities According to Gregor Halff, CBS’ have in delivering on the Dean of Education, participation The schools are graded on four Sustainable Development Goals. in different rankings brings indicators in the Better World At the recent Davos World value as long as there is a clear MBA ranking: number of Economic Forum in January reasoning behind it. institutes and centres dedicated 2019, the strong focus on the to sustainable development; type of indicators business the percentage of core courses school rankings are measuring Lavinia Iosif-Lazar that integrate sustainable and the criteria used has resulted [email protected]

CBS’ rankings overall show that there is certainly room for improvement, as long as we never forget our full range of duties to society as a whole. We will never be able to compete with narrowly focused, strongly ranking oriented business schools – and we should not. At the same time, we should also never give up the ambition to do well overall. Gregor Halff, CBS' Dean of Education 22 SECTION TWO EDUCATION ONLINE COURSES

As in past years, CBS has Sustainability. business. In 2018, the SIGMA continued to offer a number of alliance has for the first a responsible management-related compact blended online course online courses. This includes the consisting of an individual Coursera MOOC Specialization virtual course phase (Online on Social Entrepreneurship with Modules) and a virtual group courses on “Identifying Social work (Case Cast) phase. The Entrepreneurship Opportunities”, course has brought together “Social Business Modeling” and students from CBS, ESAGE, “Growing your Social Enterprise”. the University of St. Gallen, Moreover, CBS and Coursera Paris Dauphine, WU Wien, have together launched a new and Singapore Management course taught by Robert Strand, University. entitled “Sustainable Vikings: In addition, CBS has joined Sustainability & Corporate Social the Societal Impact & Global Responsibility in Scandinavia” Management Alliance (SIGMA) which showcases Scandinavian a network of international Kai Hockerts practices of Corporate universities in management and [email protected]

EXAMPLES OF COURSES

Identifying Social Entrepreneurship Opportunities

Social Business Modelling

Growing your Social Enterprise

Sustainable Vikings: Sustainability & CSR in Scandinavia SECTION TWO EDUCATION 23

Promoting UNCG Principles and educating about sustainability

In 2018 CBS offered 391 electives in the 48 core responsible electives, bringing the total at the bachelor and master levels. management electives in 2018. number of students enrolled 48 of these had responsible This is an increase compared in responsible management management content as the core with 2016 and 2017 where 1,943 electives to 6,487, which component, and a further 58 and 1,693 students were enrolled represents just under a third of had responsible management respectively. An additional 4,319 CBS’ student population. content as a partial component. students were enrolled in the 58 2,168 students were enrolled partial responsible management

of the 2018 CBS student population were enrolled in responsible management electives

of all electives in 2018 contained responsible management content as a core or partial component 24 SECTION TWO EDUCATION BACHELOR ELECTIVES BACHELOR 2017 Business and Global Governance, Morten Ougaard, [email protected] Introduction to Sustainable Business, Karin Buhmann, [email protected] The Corporation in Society: Managing Beyond Markets, Andreas Rasche, [email protected] Global People Management: Human Resource Management & Leadership, Sara Louise Muhr, [email protected] Management Accounting and Control Systems, Jytte Grambo Larsen, [email protected] Principles of Banking and Financial Intermediation, Bjarne Florentsen, [email protected] SME Marketing & Global Market Communication, Jørgen Leif Stilling, [email protected] Scandinavian Sustainability & Corporate Social Responsibility, Jeremy Moon, [email protected] Introduction to Sustainable Business, Karin Buhmann, [email protected] Corporate Governance, Björn Preuss, [email protected] Fashion Entrepreneurship and Business Development, Fabian Csaba, [email protected] Supply Chain Management - the route to competitive advantage, Victor Lund, [email protected] Management Accounting and Control Systems, Melanie Lucia Feldhues, [email protected] Global People Management: Human Resource Management & Leadership, Sara Louise Muhr, [email protected] Markets, Regulation and Security in the Maritime Sector, Thomas Roslyng Olesen, [email protected] Social Media Management, Ravi Vatrapu, [email protected] Big Data Analytics for Managers, Ravi Vatrapu, [email protected] Who Owns the Future? The Promise and Perils of the Coming Big Data Revolution, Daniel Hardt, [email protected] Strategic Communication in a Society of Mass Media, Kresten Jørgensen, [email protected] Economic Growth and Decline of Firms, Industries and Nations, Battista Severgnini, [email protected] Danish Public Procurement Law, Sarah Maria Denta, [email protected] BACHELOR 2018 Risk Management of Multinational Enterprise: Creating Global Strategic Responsiveness, Torben Juul Andersen, [email protected] EU, the Internal Market and Business Strategy - A Case Based Approach, Janine Leschke, [email protected]; Manuele Citi, [email protected] Global People Management: Human Resource Management & Leadership, Sara Louise Muhr, [email protected] Between Theory and Practice: Self-Reflection towards Responsible Decision Making, Tali Padan, [email protected] Negotiation Skills and Conflict Management – Drivers of Success and Complexity, Robert Ibsen, [email protected] Who Owns the Future? The Promise and Perils of the Coming Big Data Revolution, Daniel Hardt, [email protected] Introduction to Sustainable Business, Karin Buhmann, [email protected] The Corporation in Society: Managing Beyond Markets, Andreas Rasche, [email protected] Political Economy of Development, Mogens Kamp Justesen, [email protected] Business and Global Governance, Susana Borras, [email protected] Service Innovation and Sustainability, Adriana Budeanu, [email protected] Tourism Social Entrepreneurship and Sustainability, Florence Villeseche, [email protected] Emerging Markets - Societies in Transition, Niels Mygind, [email protected] Management Accounting and Control Systems, Melanie Lucia Feldhues, [email protected] Company Law, Søren Friis Hansen, [email protected] Cultural Entrepreneurship: Arts and Culture, Max Schellmann, [email protected] Scandinavian Sustainability & Corporate Social Responsibility, Jeremy Moon, [email protected] Corporate Governance, Björn Preuss, [email protected] Marketing – The Essentials and the Trend Drivers, Robert Ibsen, [email protected] Fashion Entrepreneurship and Business Development, Fabian Csaba, [email protected] Supply Chain Management - the route to competitive advantage, Victor Lund, [email protected] Economic Growth and Decline of Firms, Industries and Nations, Battista Severgnini, [email protected] Social Media Management, Ravi Vatrapu, [email protected] Big Data Analytics for Managers, Ravi Vatrapu, [email protected] Markets, Regulation and Security in the Maritime Sector, Thomas Roslyng Olesen, [email protected] Economic Regulation of Utilities, Henrik Andersen, [email protected] Strategic Communication in a Society of Mass Media, Kresten Jørgensen, [email protected] Qualitative Methods, Antje Vetterlein, [email protected] Danish Public Procurement Law, Cecilie Fanøe Petersen, [email protected] SECTION TWO EDUCATION 25 MASTER ELECTIVES MASTER 2017 Edinburgh-Copenhagen Urban Challenge, Kristjan Jespersen, [email protected] Poverty, Sustainability and the Private Sector, Andrew Crabtree, [email protected] Catchy & Fair: Consumer Communication through Packaging Design across Knowledge, Cultures, and Legal Requirements, Viktor Smith, [email protected] Interdisciplinary Corporate Law and Governance, Georg Ringe, [email protected]; Steen Thomsen, [email protected] Entrepreneurship for Development, Thilde Langevang, [email protected] Corporate Responsibility and Organization, Dennis Schoeneborn, [email protected] Corporate Responsibility and Society, Anne Granly Vestergaard, [email protected] Business Responsibilities for Human Rights, Karin Buhmann, [email protected] Data Science: Data Driven Decision Making, Dolores Romero Morales, [email protected] Marketing Communication Planning and Research, Marcus Schmidt, contact [email protected] Incentives in Organizations, Mirjam Van Praag, [email protected]; Orsola Garofalo, [email protected] The Economics of Sports, Battista Severgnini, [email protected] Family Firms Challenges, Asma Fattoum, [email protected] Advanced Labour Law and Personnel Economics, H.C. Kongsted, [email protected]; Patrik Lindskoug, [email protected] Globalisation, European Integration, Business and Public Affairs/Lobbying, Kathrine Ravn Jørgensen, [email protected] Innovation in Flux: An Asian Perspective on Innovation, Sudhanshu Rai, [email protected] Globalization and Organizations, Christina Garsten, [email protected] Managing Development Intervention in Sub-Saharan Africa, Andrew Crabtree, [email protected]; Lotte Thomsen, [email protected] Riga-Copenhagen Urban Challenge, Kristjan Jespersen, [email protected] Advanced EU Competition Law and Industrial Economics, Christina D. Tvarnø, [email protected]; Marcus Asplund, [email protected] Hamburg-Copenhagen Urban Challenge, Luise Noring, [email protected] Diversity and Corporate Social Responsibility Beyond Borders, Lotte Holck, [email protected]; Minna Paunova, [email protected] Consulting for Sustainability – Harnessing Business Models and Innovation, Kristjan Jespersen, [email protected] Business & Human Rights: Governance, Leadership and Management, Karin Buhmann, [email protected] Corporate Governance, Claus Parum, [email protected] Sustainability Challenges 1: Multi-disciplinary Approaches, Maria Figueroa, [email protected] Sustainability Challenges 2: Specific Systems and Capstone Project, Maria Figueroa, [email protected] Social Entrepreneurship: Creating Social Change Using the Power of Entrepreneurship, Kai Hockerts, [email protected] Sustainable Management Accounting and Finance, Cristiana Parisi, [email protected] Corporate Social Responsibility in Global Supply Chains, Esben Rahbek Gjerdrum Pedersen, [email protected] Creating Markets for Sustainable Products, Trine Pallesen, [email protected] Advanced Perspectives in Brand Co-creation: Innovation Opportunities and Ethical Challenges, Richard Jones, [email protected]; Stefan Markovic, [email protected] Corporate Citizenship: Political Responsibility in Theory and Practice, Jeremy Moon, [email protected] Data Protection Law & Corporate Compliance, Jan Trzaskowski, [email protected] Fraud Examination, Kim Klarskov Jeppesen, [email protected] Re-imagining Capitalism, Ester Barinaga, [email protected] CSR - A Path to Sustainable Development?, Lauren McCarthy, [email protected]; Peter Lund-Thomsen, [email protected] Governance, Control and Contracts in BioBusiness, Sof Thrane, [email protected] Rome-Copenhagen Urban Challenge, Esben Rahbek Gjerdrum Pedersen, [email protected] Developments in International Shipping, René Taudal Poulsen, [email protected] Global Transportation and Maritime Logistics, Britta Gammelgaard, [email protected] Costing and Design Business, Tamas Vamosi, [email protected] Big Data Analytics, Ravi Vatrapu, [email protected] Children as Consumers, Jeanette Rasmussen, [email protected] Consumer Culture Theory, Hanne Pico Larsen, [email protected] Power, Culture and Politics in Contemporary Organizations, Sara Louise Muhr, [email protected] Datafication – Foundations, Transformations and Challenges, Mikkel Flyverbom, [email protected] The World’s Best Pension System – How, Why and What Challenges Is It Facing?, Henrik Ramlau-Hansen, [email protected] Law and Management, Andrej Savin, [email protected] Risk and Crisis Management, Lasse Peter Laursen, [email protected] Transfer Pricing in Multinational Enterprises, Christian Plesner Rossing, [email protected] IT Control and Audit, Leif Christensen, [email protected] Financial Risk Management, Johannes Mouritsen, [email protected] Public Sector Accounting and Auditing, Peter Skærbæk, [email protected] 26 SECTION TWO EDUCATION MASTER ELECTIVES MASTER 2017 CONTINUED Big Social Data Analytics, Ravi Vatrapu, [email protected] Negotiation and Conflict Management in Organisations, Jens Gregersen, [email protected] Political Communication between Power and Legitimisation, Øjvind Larsen, [email protected] Re-visiting the Commons, Re-imagining Collectives, Ida Lunde Jørgensen, [email protected] International Business and Economic Development, Michael Wendelboe Hansen, [email protected]; Peter Ørberg Jensen, [email protected] Governance and Development, Hans Krause Hansen, [email protected] Leading and Managing Intercultural Projects, Charles Tackney, [email protected] Organisational Communication I: Structures and Dynamics, Steffen Blaschke, [email protected] Biopolitics and Social Innovation, Alexander Carnera, [email protected]

MASTER 2018 Consulting for Sustainability – Harnessing Business Models and Innovation, Kristjan Jespersen, [email protected] Fraud Examination, Kim Klarskov Jeppesen, [email protected] Diversity and Corporate Social Responsibility Beyond Borders, Lotte Holck, [email protected]; Minna Paunova, [email protected] Corporate Responsibility and Organization, Dennis Schoeneborn, [email protected] Corporate Responsibility and Society, Anne Vestergaard, [email protected] Business Responsibilities for Human Rights, Karin Buhmann, [email protected] Edinburgh-Copenhagen Urban Challenge, Kristjan Jespersen, [email protected] Advanced Labour Law and Personnel Economics, H.C. Kongsted, [email protected]; Ruth Nielsen, [email protected] Advanced Corporate Finance, Carsten Sørensen, [email protected] Innovation in Flux: An Asian Perspective on Innovation, Sudhanshu Rai, [email protected] Managing Development Intervention in Sub-Saharan Africa, Lotte Thomsen, [email protected] International Business Negotiation, Anne Marie Bülow, [email protected] Public Relations and Issues Management, Friederike Schultz, [email protected] Managing People in Multinational Corporations, Morten Skov-Carlsen, [email protected] Law and Economics of Torts and Insurance, Henrik Lando, [email protected]; Marie-Louise Holle, [email protected] Theories of International Law and Politics, Georg Ringe, [email protected] Rome-Copenhagen Urban Challenge, Esben Rahbek Gjerdrum Pedersen, [email protected] Hamburg-Copenhagen Urban Challenge, Luise Noring, [email protected] Helsinki-Copenhagen Urban Challenge, Maria Figueroa, [email protected] Poverty, Sustainability and the Private Sector, Andrew Crabtree, [email protected] Brand Aid: Cause-Related Marketing, Celebrity Humanitarianism and Ethical Consumption, Stefano Ponte, [email protected] Business & Human Rights: Governance, Leadership and Management, Karin Buhmann, [email protected] What is Behind the Label: Sustainability in Developing Countries, Peter Lund-Thomsen, [email protected] Data Protection Law & Corporate Compliance, Jan Trzaskowski, [email protected] Sustainability Challenges 1: Multi-disciplinary Approaches, Maria Figueroa, [email protected] Sustainability Challenges 2: Specific Systems and Capstone Project, Maria Figueroa, [email protected] Social Entrepreneurship: Creating Social Change Using the Power of Entrepreneurship, Kai Hockerts, [email protected] Sustainable Management Accounting and Finance, Cristiana Parisi, [email protected] Circular Economic Thinking in Competitive Businesses, Jesper Clement, [email protected] The Energy Industry in Transition: Markets, Innovation and Strategies, Christian Erik Kampmann, [email protected] Impact Investing - The Effectiveness of Institutional Investors in Purpose-driven Finance, Kai Hockerts, [email protected] Achieving the SDGs: Feeding the Future of Agricultural Sustainability, Kristjan Jespersen, [email protected]; Paige Olmsted, [email protected] Blockchain and Sustainable Digital Infrastructures for Business, Kristjan Jespersen, [email protected] Consulting for Sustainability – Harnessing Business Models and Innovation, Kristjan Jespersen, [email protected] Corporate Social Responsibility in Global Supply Chains, Esben Rahbek Gjerdrum Pedersen, [email protected] Creating markets for Sustainable Products, Trine Pallesen, [email protected] Advanced Perspectives in Brand Co-creation: Innovation Opportunities and Ethical Challenges, Richard Jones, [email protected]; Stefan Markovic, [email protected] Corporate Citizenship: Political Responsibility in Theory and Practice, Jeremy Moon, [email protected] Blockchain Business Development, Michel Avital, [email protected] Compliance in the Financial Sector, Kalle Johannes Rose, [email protected] Inequality: Concepts and Measurement, Herdis Steingrimsdottir, [email protected]; Jan Michael Bauer, [email protected] Labour Markets and Inequalities, Daniel Borowczyk-Martins, [email protected]; Janine Leschke, [email protected] SECTION TWO EDUCATION 27

Inequality and the Global World, Lasse Folke Henriksen, [email protected] Re-imagining Capitalism, Ester Barinaga, [email protected] Biopolitics and Social Innovation, Alexander Carnera, [email protected] Governance and Development, Hans Krause Hansen, [email protected] CSR - A Path to Sustainable Development?, Peter Lund-Thomsen, [email protected] Audit Data Analytics and Other New Technologies in Auditing, Kim Klarskov Jeppesen, [email protected], Thomas Riise Johansen, [email protected] Digital Work in the 21st Century, Mari-Klara Stein, [email protected] Power, Influence, and Organizational Politics, Eric Guthey, [email protected] Transfer Pricing in Multinational Enterprises, Kim Klarskov Jeppesen, [email protected] Fraud Examination, Kim Klarskov Jeppesen, [email protected] IT Control and Audit, Leif Christensen, [email protected] Internal Auditing, Kim Klarskov Jeppesen, [email protected] Developments in International Shipping, Thomas Roslyng Olesen, [email protected] Management of Maritime Operations within Supply Chains, Günter Prockl, [email protected] Global Transportation and Maritime Logistics, Britta Gammelgaard, [email protected] Big Data Analytics, Ravi Vatrapu, [email protected] Children as Consumers, Jeanette Rasmussen, [email protected] Consumer Culture Theory, Hanne Pico Larsen, [email protected] Power, Culture and Politics in Contemporary Organizations, Sara Louise Muhr, [email protected] Datafication – Foundations, Transformations and Challenges, Mikkel Flyverbom, [email protected] Procurement Strategy and Organizational Development, Britta Gammelgaard, [email protected] Negotiation: Theory and Practice, Orsola Garofalo, [email protected] Modern Finance and Corporate Finance, Thomas Poulsen, [email protected] Risk and Crisis Management, Lasse Peter Laursen, [email protected] Political Communication between Power and Legitimization, Øjvind Larsen, [email protected] International Business and Economic Development, Michael Wendelboe Hansen, [email protected]; Peter Ørberg Jensen, [email protected] Cross-Cultural Management, Simon Ulrik Kragh, [email protected] The Economics of Health Care Innovation, Valentina Tartari, [email protected] Social Media and Organizations, Peter Holdt Christensen, [email protected] 28 SECTION TWO EDUCATION RESPONSIBILITY DAY

Encouraging 2018 all Principles Responsibility Day has been the largest recurring event at CBS since its initial launch in 2009. It marks the first official day for all new bachelor students enrolled at CBS. Over the last decade, the event has grown in scale, and it is now an inspirational day aimed at fostering critical reflection when conducting business. SECTION TWO EDUCATION 29

In 2018, almost 3,000 new on a social enterprise in order to prisons in these two regions. bachelor students started in one both acquaint them with case- of 18 different study programmes solving skills frequently used In their deliverable, the new at CBS. Responsibility Day throughout their coming studies bachelor students provided was their first day at CBS, in at CBS, and to spark reflections solutions to how Carcel could which topics of responsible on how business can be innovate in terms of sustainable management and sustainability conducted with a greater focus material use, and how CO2 were addressed. on social and environmental emissions could be reduced impacts. during shipping. The goal of the day was to provide an opportunity for the In 2017, the case was based on Responsibility Day aims to foster new students to find ethical Yab Yum Clothing Company, as critical reflection processes and social solutions to global the fashion industry is highly among students, alongside challenges when conducting polluting and a large contributer engaging CBS faculty and top business, both in their new role to climate change. Here, the management, and putting as business school students and students had to find solutions responsible management and also in their future careers. to how the company could sustainability on the agenda, become more environmentally as these are values highly This day also demonstrates friendly in terms of cotton use prioritised in CBS’ mission and CBS’ commitment to putting and find strategic solutions on vision. responsible management how Yab Yum could engage in education and sustainability on partnerships and collaborate We are happy to report that the agenda over the students' with social enterprises. planning for Responsibility Day next years of education at CBS 2019 is well under way, and are – and to show the importance of In 2018, the case revolved looking forward to introducing questioning the status quo when around the social enterprise a new generation of bachelor learning about how to conduct Carcel, founded by a former students to responsible business. global business. CBS student, Veronica D’Souza. Carcel uses sustainable and In past years, the new bachelor organic wool and silk from Peru Emilie Jallov-Haag students have had to deliver and Thailand, respectively, while [email protected] strategic solutions to a case based providing jobs for women in [email protected] RESPONSIBILITY DAY HIGHLIGHTS 2018: PARTICIPANTS: OVER 2,300. KEYNOTE SPEAKERS: HRH CROWN PRINCESS MARY. EUROPEAN COMMISSIONER FOR COMPETITION, MARGRETHE VESTAGER. CBS STUDENTS CHAIRWOMAN NIMA TISDALL AND VICE PRESIDENT DJANOUR ISSILAM. PRME COMMUNITY SECTION THREE PRME COMMUNITY 31 SUSTAINABILITY IN THE ARCTIC Environment THE THEMATIC NETWORK ON ARCTIC SUSTAINABLE RESOURCES AND SOCIAL RESPONSIBILITY (TN ASRSR) In 2018, CBS continued to be Resources and Social The 2018 meeting took place active in academic networks on Responsibility (TN ASRSR), is in Northern British Columbia sustainability in the Arctic. CBS institutionally hosted at CBS, in western Canada and offered is a member of the circumpolar where it is led by Professor participants an opportunity university collaboration Karin Buhmann, who is also the to engage with local experts, University of the Arctic deputy CBS representative to practitioners and other (UArctic), associated with the UArctic. stakeholders involved in various Arctic Council. Much of the types of natural resource work of UArctic is on a series With support from the Danish exploration and usage. of thematic networks (TN) on a Agency for Science and Higher variety of issues, many of which Education, the network has are related to sustainability in organized a series of field-work the Arctic. oriented meetings, bringing together a number of the One of these, the thematic circumpolar group of members Karin Buhmann network on Arctic Sustainable of the TN. [email protected]

INTERNATIONAL SEMINAR: “TOWARDS A RESEARCH AGENDA FOR SOCIALLY RESPONSIBLE GREEN TRANSITIONS” Over four days in December and mining of minerals needed The seminar was designed to 2018, an international seminar for technical solutions for a enable a comparison of Arctic gathered an interdisciplinary non-carbon economy (such as and Global South experiences group of around 25 scholars solar power panels, turbines for and identify synergies for future from most regions in the world, windmills, batteries for storing research. alongside practitioners, to energy, etc). identify a research agenda for The seminar received support integrating social responsible With regard to social issues, from three grants held by conduct in actions to address the the seminar took its point of Professor Karin Buhmann, who urgent challenge of mitigating departure in some human rights organized the event. climate change. related procedures that figure in regard to impact assessments, To focus the debate, the seminar in particular meaningful addressed a series of issues stakeholder engagement and relating to agri-industry for public participation. Karin Buhmann biofuel, and the exploration [email protected] 32 SECTION THREE PRME COMMUNITY RESPONSIBLE MANAGEMENT EDUCATION SURVEY 2017 OBJECTIVE How does management education affect students' attitudes towards irresponsible manage- ment behaviour? How do these students intend to act when being confronted with irrespon- sible behavior in the future? These are the questions underlying a survey that CBS is adminis- tering to its students before, during and after their studies. The purpose of the project is to understand how education effects different antecedents of behavioral intentions.

This data collection project has been running since 2015. Bachelor students have received a questionnaire at the end of each semester with an average response rate of 15%. So far only preliminary econometric analysis has been performed. However, more detailed analysis is planned for the coming years.

Moreover, CBS has managed to engage other business schools in the research project. In particular, universities from the UK, Netherlands and Austria have joined our efforts in order to get benchmark data between different PRME schools. Universities interested in joining the project are welcome to approach us at the CBS PRME office at [email protected] to learn about participation requirements.

We expect to continue collecting and analyzing data in order to explain changes in students’ attitudes, norms, self-efficacy and intentions towards responsible management across the three years of their Bachelor. In order to achieve statistically valid results, we aim to col- lect more data in the following years and to include more variables that would enable us to have a clear and complete analysis.

We also expect to reach out to more universities in the following years.

Applied Research to Advance Best Practices SECTION THREE PRME COMMUNITY 33 SUPPORTING SOCIAL VENTURES Global Social Venture Competition port the students in becoming busi- an app that will allow consumers and (GSVC) is an annual, global competition ness-ready for a society undergoing restaurants to purchase fresh seafood for students and recent alumni who rapid change and to help them develop directly from local fishermen, has been have their own social venture. GSVC and advance their social ventures. selected to participate in the first round planted its first seed at Berkeley Hass in finals in Paris. The team consists of cur- 1999 and has since grown to become a CBS PRME joined the network in 2017 rent students and they will be compet- global network in Europe, the US, Asia, as an outreach partner to help GSVC ing to be selected for the Global finals, Africa, Australia and Latin America with perform outreach and marketing to en- which will take place in April 2019. Business Schools and Universities as courage student participation at their their partners. respective universities and programs, and recruit participants. We are the Tina Erfani GSVC empowers the next generation of only partner in the Scandinavian region [email protected] social entrepreneurs by providing them and are supported by the European re- with mentoring, exposure, and cash gional partner, Essec Business School in Partners: prizes to help students transform their France. Essec Business School, Paris ideas into sustainable ventures that address the world’s most pressing chal- For the first time in GSVC history, CBS Haas School of Business lenges by using technology for good. PRME are very proud to announce that University of California, Berkeley The main purpose of GSVC is to sup- a Danish social venture, Blue Lobster,

We were inspired to create Blue Lobster when we realized that fishermen are struggling to survive in the industry and that access to fresh and locally sourced seafood is limited, even in a place like Copenhagen that is surrounded by water. We are excited to to be a part of the GSVC 2019 competition, where we will spend 3 days brainstorming and learning from the other competitors and mentors in Paris. Our goal is to ensure that Blue Lobster is socially responsible, environmentally sustainable and economically viable. Nima Tisdall and Christine Heber, founders of Blue Lobster

SECTION FOUR STUDENT INVOLVEMENT 35 STUDENTS AND HUMAN RIGHTS

Human Rights PHD COURSE: NATURAL RESOURCES AND HUMAN RIGHTS: IMPACTS, CONFLICTS, BENEFITS, STAKEHOLDERS AND GOVERNANCE With a truly global group of exploration, exploitation, and from the University of the Arctic students and faculty (each non-exploitation. Students and the Danish Agency for representing at least one represented a variety of Science and Higher Education. representative of each of the social science disciplines This allowed the organisers to world’s regions except for as well as geology, biology offer mobility support to some Oceania), this PhD course and engineering. Offered by participants and to present a enabled an interdisciplinary the CBS Doctoral School of faculty with expertise in the group of students to deepen Organisation, Management and course topics from the field in their knowledge of a series Society and led by Professor Greenland, Canada, Finland, of human rights related Karin Buhmann, the course China and several Latin- aspects of natural resource had received financial support American countries. STUDENT ‘PILGRIMAGE’ ON SDGS, HUMAN RIGHTS AND TOURISM ON THE CAMINO DE SANTIAGO IN SPAIN In March 2018, 5 students from assigned a written and video- all groups finished in Santiago CBS, accompanied by CBS based curriculum on human and the students presented their Professor Karin Buhmann, rights and the SDGs, compiled findings on various aspects of joined around 100 students and by all participating , the topic of the ‘pilgrimage’, that 20 professors from 20 other representing a variety of is, human rights, the SDGs and universities from around the disciplines. Students from each tourism. The event was organized world in a 5 day walk on the of the universities also prepared by the University of Santiago de Camino de Santiago. The topic a presentation on an assigned Compostela together with the of the event was human rights, topic before the Camino walk World Tourism Organisation (a the SDGs and tourism. Students and refined it during the walk, member of the United Nations were divided into 4 groups who benefitting from discussionsfamily) and local organisations. each walked around 110 km with their peers from other on four different paths of the universities. At the end of the Karin Buhmann Camino. Students had been five days of walking the Camino, [email protected] 36 SECTION FOUR STUDENT INVOLVEMENT STUDENTS 2017 OBJECTIVE FOR THE GLOBAL GOALS 2018 Students for the Global Goals was an event organised by CBS PRME in an effort to unite students and work together to achieve the Sustainable Development Goals. We believe that an integral step of the journey towards a better future is to gain support from the leaders of tomorrow for this ambitious agenda. On the 11th of April 2018 we business in attendance, such as the SDGs. CBS’ Solbjerg Plads held our first ever festival for Ingrid Reumert, Vice President campus was filled with stands the Global Goals here at CBS. of Stakeholder Communications from sustainable companies The aim of the event was to help and Sustainability at Velux, and and volunteering organisations students discover the business Susanne Stormer, Vice President where students could meet potential in the 17 Sustainable of Corporate Sustainability representatives from sustainable Development Goals, alongside at Novo Nordisk. Lars Koch, businesses and student Danish business leaders, top Deputy Secretary General of organisations. sustainability companies, and Oxfam Ibis, was there as a 13 student organisations. By representative of the charitable The closing ceremony was a covering Solbjerg Plads in eye- sector, and Gareth Garvey, lecture on sustainability as a catching banners, we put the CEO of the British Chamber competitive edge arranged Sustainable Development Goals of Commerce in Denmark by Marketing Lab, with firmly in the spotlight at CBS. moderated the debate. representatives from Ørsted, Mærsk and Unilever. This lecture The event was opened with an Other events included a talk on was followed by a reception debate titled ‘The SDGs – a the SDGs in an Asian context, a featuring all-vegetarian food. New Wave of Greenwashing?’, debate on critiquing the SDGs, All the talks during the day which introduced attendees to arranged by CBS Debating were made available on the CBS the goals, and discussed their Society, and an SDG case PRME Facebook page. meaning and legitimacy in a competition with Chr. Hansen business context. The panel and Quercus Group. There were Malene Mølgaard Christensen featured representatives from the also workshops on developing a Project Manager, UN, such as Mogens Lykketoft, sustainability currency at CBS Students for the former President of the UN’s with oikos, and using blockchain Global Goals General Assembly, alongside to achieve the SDGs, with 2019 Camilla Brückner, Director of the Student & Innovation House UNDP’s Nordic Representation and CBS Blockchain Society, Office. There were alsowhere students could get hands- representatives from Danish on experience working with [email protected] All Principles SECTION FOUR STUDENT INVOLVEMENT 37

Sustainability is an aspect of everything I work with, such as the goal of creating a healthy and sustainable economy with space for all, and a focus on the climate and environment, so that we are well prepared when we hand over society to future generations. As a CBS graduate and a member of 2030-Netværket, I am pleased to see my alma mater encouraging current students to discuss the global challenges of tomorrow and the six PRME principles, and am confident that they will be better equipped to tackle these and other global societal issues in their future careers as a result. It is encouraging to see CBS hosting events addressing these issues such as Students for the Global Goals, which I am glad to have been a part of. Mette Reissmann, Member of the Danish Parliament, Spokeswoman for Higher Education and Research, Member of 2030-Netværket, the Danish Parliament's Cross- Party Network for the Sustainable Development Goals. 38 SECTION FOUR STUDENT INVOLVEMENT RESPONSIBILITY DRIVEN BY STUDENTS At CBS, we have a large variety of student-driven organizations that have responsible management and sustain- ability as a core element of their activities, allowing CBS students to partake in inclusive societies. All of these organisations help set the PRME agenda throughout CBS and are crucial for us as a PRME signatory.

CBS Diversity and Inclusion is a CBS Feminist Society strives to cre- CBS Building Tomorrow is part of non-profit student organizationate awareness around and address the international non-profit organ- that aims to raise awareness about issues of gender discrimination, isation Building Tomorrow, which topics and challenges within the with a focus on the business world. promotes education for children in different dimensions of diversity The student organisation wishes to Sub-Saharan Africa, including cre- (ethnicity, sexual orientation, age, discuss solutions to these problems ating awareness of education and disabilities, religion, gender etc.). and inspire future leaders to take a development in the area through The organization strives to offer a stand on this issue. Anyone with an knowledge-enhancing guest lec- platform for students interested in interest in the subject is welcome to tures. The organisation raises mon- equality and inclusion by hosting join. ey for the construction of schools in events and providing members with Uganda as well as organizing fund- a diverse network. raising events.

Labour: Labour: Principle 6 Principle 6

[email protected] [email protected] [email protected]

CBS Volunteering consists of a Danish Social Innovation Club Female Invest seeks to build a group of CBS students who active- (DANSIC) is the largest platform bridge between financial markets ly promote local volunteering for for social innovation in Denmark. and the pool of young women who good causes and want to make it as DANSIC’s aim is to inspire social wish to take a leap into the world of easy as possible for CBS students to innovation, meaning, and to find investments. Their goal is to engage find and join volunteer work op- new ways to resolve society’s social more women in trading as well as portunities in their local commu- and environmental challenges. The getting more women out into the fi- nities. The organization cooperates organisation’s largest event, an an- nancial industry. with NGOs and non-profits and nual conference, is held in March Female Invest raises awareness organises public events with them and includes panel debates and through events and workshops in to broaden the sense of community workshops. This event brings to- collaboration with professionals. for CBS students. gether over 300 students and over The participants will get an intro- 40 speakers. duction on how they can get in- volved in investing themselves, and insight into the investment indus- try. Female Invest offers a forum for knowledge sharing and the ex- change of experiences.

[email protected] [email protected] [email protected]

Environment: Labour: Principles 7 and 8 Principle 6 oikos Copenhagen is the Danish CBS Blockchain chapter of the international student Society facili- organisation oikos, which brings tate a student community through The goal ofCBS Climate Club is to together students and future leaders creating and sharing knowledge engage students in integrating en- interested in sustainable economics of blockchain technologies. They vironmental sustainability as a part and management. Internationally, work to realise the full potential of of both their personal and profes- oikos has 44 chapters worldwide in blockchain-based solutions via col- sional lives, in order to address the the US, Canada, India, Africa and laboration with industry experts challenges of climate change. Our most of Europe. The student or- and enthusiasts, and engage in the focus is on three core areas: person- ganisation bridges the gap between greater blockchain ecosystem to al awareness, greener campus, and sustainability and business and create value for the community. sustainable business. provides a platform for students to think holistically and become re- Environment: sponsible leaders. Principles 7 and 8

[email protected] [email protected] [email protected]

CBS Model United One CBS is an organisation that fo- 180 Degrees Consulting Copenha- Nations (MUN) is cuses on the importance of educa- gen is the Copenhagen branch of an association for tion, career and social responsibil- the world’s largest student-driven students interested in internation- ity for minority youth in Denmark. consultancy. They match talent- al politics and the United Nations. They host educational and social ed students from all universities They aim to increase awareness activities to contribute to the devel- in Copenhagen with social enter- of international challenges with opment of members’ professional prises and NGOs, in order to give economic, social, cultural and hu- and personal skills. The organisa- students practical consulting expe- manitarian aspects amongst busi- tion creates a common platform rience while creating social impact. ness students. CBS MUN strives to where minority youth and compa- Students go through a 12-week bridge the gap between the private nies can network, exchange ideas program guided by our consultan- sector and intergovernmental insti- and discuss how the diversity of cy firms’ partners, in which they tutions dealing with global issues, society can be effectively used. One develop innovative, practical and by providing a forum for students Denmark organises events, compe- sustainable solutions to the differ- to learn about and discuss contem- tency workshops and social events ent types of problems that social porary themes of geopolitics, sus- to give their members the opportu- organisations face. tainability and development. nity to expand their network.

[email protected] [email protected] [email protected]

Labour: All principles Principle 6 COPENHAGEN PRIDE Labour: Principle 6 SECTION FOUR STUDENT INVOLVEMENT 41

CBS participated in Copenhagen Pride for the first time in 2017. The level of participation from CBS staff and students was higher than expected, and CBS restated their commitment to diversity and inclusion again in 2018.

CBS was proud to participate in both CBS students. Students too many who actually don’t Copenhagen Pride for the first and staff who turned up early to get the opportunity to do this… time on Sunday 19th August help decorate the float were also they are excluded, which must 2017. Around 350 people given rainbow ties, bow ties, and be avoided. It is important that participated from all levels of CBS white T-shirts with the slogan CBS shows its position on these – from researchers and students, ‘Love Suits Everyone’. issues clearly and distinctly.” to alumni and administrators, alongside countless others Although Senior Management In 2018, the CBS Diversity cheering on from the side of were not represented at the and Difference Platform also the parade – as well as some parade in 2017 – CBS’ President contributed to the Copenhagen members of CBS PRME. It Per Holten-Andersen had Pride Human Rights Programme was also not a coincidence that another event which clashed with two free open events: CBS’ first time participating in – the 2018 parade featured “LGBTQIA Inclusive University Copenhagen Pride coincided a member of CBS Senior Environments”, and “LGBTQIA with our centenary year – it was Management for the first time. and Norm Critique in the in fact the perfect opportunity Gregor Halff, the new Dean Workplace, a Solution-oriented to send a clear signal that we of Education was excited and Panel Debate”. Furthermore, are committed to working to proud to attend and send a clear CBS Teaching and Learning provide a more inclusive work signal of CBS’ commitment to have created a film about CBS’ and study environment for creating a safe space for people participation in Copenhagen everyone at CBS. of all different identities. As Pride, which the Council for Holten-Andersen said regarding Diversity and Inclusion plan to This commitment to diversity the parade in 2017: “Diversity use to educate Intro Week tutors and inclusion was restated in is much more than man or for semester start, to encourage 2018, where CBS once again woman, or sexuality or even a positive environment where walked, danced and cycled along gender identity, it is the whole students and staff feel safe to be the parade handing out sweets, spectrum of personal existential who they are. In this way, CBS drinks and rainbow flags.variations. As long as these are ensuring that there is a focus The CBS float featured music, are displayed whilst showing on diversity and inclusion at bubbles, glitter and supporters consideration to others, it is and CBS throughout the entire year, waving the Pride flag, alongside should be a human right to be not just during Pride. Mr. and Mrs. CBS – CBS' own able to realise your full potential Drag King and Queen, who are at the same time. There are far Diversity is much more than man or woman, or sexuality or even gender identity, it is the whole spectrum of personal existential variations. As long as these are displayed whilst showing consideration to others, it is and should be a human right to be able to realise your full potential at the same time. Per Holten-Andersen, CBS President 2012-2019

SECTION FIVE EXTERNAL ENGAGEMENT 43 SCORAI 2018 The Third International Conference of the Sustainable Consumption Research and Action Initiative (SCORAI) 2018, was hosted by CBS from the 27th-29th June 2018. As a result of the conference a sustainable conference guide was developed to inspire all conference organisers at CBS. The Third International SCO- able conference practices into After the conclusion of the con- RAI conference highlighted sus- reality. A close examination of ference, the learnings, best prac- tainability research through an conference practices through a tices and suggestions for further international forum. Topics of life cycle assessment from schol- initiatives were collated into an the conference included talks on ars at the Technical University inspirational guide for all con- sustainability in urban planning of Denmark was the focus of ference organisers at CBS. and the financial sector, and the organisers, namely Louise panel debates on the future of Thomsen, Project Manager for This guide has since been dis- consumption and the globalisa- VELUX Endowed Chair in Cor- seminated throughout CBS and tion of sustainable Scandinavian porate Sustainability. Aspects is in the process of becoming the business practices. such as the food choices, water new standard for conferences distribution, green decorations, hosted at the institution. Along with the keynote dis- speaker gifts, reducing paper cussions, seven research tracks use and many more initiatives brought in scholars from around were organised in such a way to the world. Not only did the con- reduce the ecological impact of ference focus on sustainability in the event. Louise Thomsen research, it also brought sustain- [email protected] SUSTAINABILITY INFLUENCERS In October 2018, 21 students with a global climate crisis and there want to contribute to this urgent different educational backgrounds is a need for action in all levels of agenda themselves. In 2020, half and nationalities became the first society. Our generation of young of the global labour force will be Sustainability Influencers, anpeople amounts to around one millennials. initiative co-created by Student fifth of the world’s population, and & Innovation House and CBS we play a key role in sustainable Sara Krüger Falk, Executive PRME. In line with Global Goal transformation. We want to engage Director of Global Compact 17, Partnerships for the Goals, the young people in a framework created Network Denmark, explains; “If ambition is for the Influencers to by students, for students. With this businesses want to recruit the enter into partnerships with actors initiative, we're creating a platform best talent, they must provide who can strengthen the initiative for the younger generation who interesting career opportunities. and interest more students in the want to make a difference.”Louise Businesses need to incorporate SDGs, as well as inspiring them Thomsen, Centre Manager for CBS sustainability into their business and preparing them for becoming Sustainability and co-founder of models and constantly align change agents in sustainable the Sustainability Influencers, adds; themselves with the challenges transformation. The Sustainability “The young generation is often the of the future to help make sure Influencers have already entered most overlooked resource and that that the SDGs are reached. It is into partnerships with Impactful needs to change. We can contribute fantastic to experience the passion Jobs, Global Compact Network with innovative thinking, which is for sustainable transformation Denmark, Sustainable Now, essential if we want to achieve the amongst young people. These are SustainBase, SIVIL, Nordic goals for 2030”. the people who will drive future Sustainability, IloveGlobalGoals, change in business, which is exactly Tuborg Foundation, oikos The Influencers are all part of why we need initiatives like the Copenhagen and SDG the millennial generation, born Sustainability Influencers”. Ambassadors Copenhagen. between 1983 and 2000. Deloitte’s annual global millennial survey Andreas Aasted Gjede Andreas Aasted Gjede, co-founder shows that this generation is [email protected] and daily manager of Student driven by purpose and by making & Innovation House, as well as a positive impact with their job, Louise Thomsen co-founder of the Sustainability as well as expecting businesses to [email protected] Influencers explains; “We are facing help solve global challenges, and

If we want to reach the Global Goals by 2030, it is crucial that we engage and mobilise the younger generation. The younger generation immediately understands the importance of the 2030-agenda, and they have the abilities to achieve the level of change required. This is why I welcome the Sustainability Influencers initative. Kirsten Brosbøl, Chair of the Danish Government's Cross-Party Network for the UN Sustainable Development Goals SECTION FIVE EXTERNAL ENGAGEMENT 45 NEW ADJUNCT PROFESSORS LAUGE STETTING BJARKE MØLLER

Lauge was Rector of CBS from 1978-79. He Bjarke Møller is director of Think Tank was dean of the Faculty of Economics when EUROPA. He has a long professional career he was elected rector in 1978, but the year as a journalist and editor with different after, he caused a stir by stepping down from media organisations, and the position as a protest against government has written several publications about cutbacks. He was also in charge of Europe and globalisation. Handelshøjskolen’s Forlag from 1983-2000. CBS Adjunct Professor, Department of International CBS Adjunct Professor Economics, Government & Business HENRIK ROTHE LARS REBIEN SØRENSEN

Henrik Rothe is President of the Lars Rebien Sørensen is the former CEO of Maritime and Commercial Court in Novo Nordisk and was named the world’s Denmark, a court which deals exclusively best CEO by Harvard Business Review with commercial cases, especially in 2015 and 2016. He has also previously intellectual property rights, competition been engaged in innovation, marketing law, transport law, and international and HR and has considerable experience in commercial contract and tort cases. managing foundation-owned companies.

CBS Adjunct Professor, Department of Management, CBS Adjunct Professor, Politics and Philosophy Center for Corporate Governance ANNE-MARIE SKOV MICHAEL BEVERLAND

Anne-Marie is Executive Director of the Michael's main area of expertise is Tuborg Foundation and is a member of brand management; in particular the board in WWF-Danmark, DIS and brand authenticity and brand The Danish Foundations’ Knowledge innovation. he also writes on Center. She is also on the Steering consumer culture theory, the revival Committee at CBS Center for Civil of analog technology, sustainability Society Studies. and dietary practices, design-driven innovation, and manufacturing.

CBS Adjunct Professor, CBS Adjunct Professor, Department of Organization Department of Marketing SØREN BJERRE NIELSEN TORBEN MÖGER PEDERSEN

Torben is the CEO of PensionDanmark. He is Søren has an impressive career and is best a member of several boards and investment known for his long-standing chairmanship funds, including Danish Climate Investment of the Danish Nationalbank. Today, he Fund. He is a member of the Private Sector is chairman of the large construction Advisory Group within the UN’s Green company MT Højgaard, the skylight Climate Fund; the Advisory Board in OECD’s manufacturing company VELUX, and Centre on Green Finance and Investment and VKR Holding, one of Denmark’s largest the UN Global Compact's Financial Innova- industrial companies. tion Action Platform, among others.

CBS Adjunct Professor, CBS Adjunct Professor, Department of Accounting Department of Finance 46 SECTION FIVE EXTERNAL ENGAGEMENT SELECTED RME-RELATED CONFERENCES AT CBS SWEG 2018 - The 15th Scandinavian Smart Cities & Sustainable Information Design principles for digital service Workshop on E-Government Systems - Constance Marie Dominique innovation - Jeremy Rose, Jesper Remy, Triin Pärnpuu, Jonas Hedman Holgersson, Eva Söderström, Hannes Göbel, Stefan Cronholm, Carina Hallqvist SWEG is a forum for discussing current Service Robots in Government - Kim eGovernment research issues. The Normann Andersen, Torkil Clemmensen, Contact: workshop is dedicated to open and Helle Zinner Henriksen, Jeppe Agger Helle Zinner Henriksen creative discussions about the current Nielsen [email protected] status of eGovernment research and future directions. The focus is thus on One size fits all? - The shape and role Kim Normann Andersen informal discussion rather than on formal of internal coordination of eservices in [email protected] presentations. one-stop government solutions - Fredrik Söderström, Ulf Melin, Ida Lindgren Here are some papers held at SWEG 2018: 'It is unbelievable how many come to us': The Role of Child Protection Leaders in A study on librarians’ perspectives on Implementing New ICT Tools. - Erlend digital inclusion in Sweden - Mariana S. Trengereid, Carl Erik Moe Gustafsson, Julia Larsson, Elin Wihlborg

Banking on the Future - Rethinking banking and how we approach teaching attended the event. Views and opinions the Financial Sector and research on RME in the future. were shared within finance in the next 100 years with subtitles such as the following: The planned outcome was to develop a To celebrate CBS´ 100th anniversary, a close cooperation with practitioners and • The welfare implications of the special event around Responsible Banking academics and shake up the image of growth of the financial sector and Finance in the next 100 years took banking and financial institutions for the • Banking - a religious perspective place in October 2017. The purpose of this next 100 years. There were three different • Entrepreneurial focus within event was to develop an engaged dialogue tracks at the conference, with different finance with stakeholders from the banking and speakers and topics. • Diversity and Inclusion finance industry and to challenge current • What is responsible banking seen attitudes towards banking and its future. • Track I: Banking and society from the regulators perspective? The hope is that this dialogue will ignite • Track II: Responsible Banking as • Sustainable banking seen from a new ideas and develop an agenda for a business model market leader perspective future research and teaching in business • Track III: Responsible Banking at schools towards 2117. an individual level Thordis Bjartmarz [email protected] With CBS being regularly ranked as a Speakers gave their take on responsible global leader in terms of responsible banking with individual perspectives. Kirstine Dinesen management education, we believe this Among others, speakers from kdi.int@cbs. event compliments CBS´ ambitions and Finansforbundet, Copenhagen FinTech, dk allows the university to be at the forefront Handelsbanken and Finans Danmark of setting the agenda for responsible

Tax Conference: Taxation of Cécile Brokelind, Professor, Lund Contact: Multinational Enterprises - Recent University, Department of Business Law Sara Høgh-Nielsen Developments - "Mismatches, hybrids and asymmetric [email protected] qualification of income: a critical analysis of EU Tax Law " On the 5th November 2018, CBS hosted the conference “Taxation of Multinational Daniel N. Shaviro, Wayne Perry Professor Enterprises - Recent Developments”, of Taxation, New York University, NYU followed by a reception. Law - " The New Non-Territorial U.S. International Tax System" The speakers were: Clive Baxter, Head of Tax Governance and Michael Tell, Associate Partner, CORIT Policy, A.P. Moller - Maersk - " Advisory and External , CBS - BEPS, PPT, LOB, GAAR, ATAD, BEAT, "Limitation of interest deductions – recent GILTI – international business and the developments " brave new world of acronyms" SECTION FIVE EXTERNAL ENGAGEMENT 47 CBS DIVERSITY DAY 2017/18 Diversity Day has occurred twice since CBS’ last SIP report was published in 2017. Diversity Day 2017 took place on the 27th April 2017, and the event was repeated on the 22nd March 2018. Both events were dedicated to the celebration of our diverse campus, students, and staff. The aim of Diversity Day 2017 awareness workshop to assist they may be changed in order was to approach diversity in tackling everyday racism, to foster environments that are and inclusion politically and and a norm critical workshop more inclusive to a larger group practically in an organisational featuring an advisory panel of people. All presentations context, alongside celebrating of researchers, politicians and were interactive and gave CBS’ centenary and how practitioners which discussed opportunities for attendees to diverse the business school has practical implications of creating answer questions and receive become in the last 100 years. a more inclusive and LGBTQ- answers in real time. After The overall theme of norm friendly workplace. Attendees the success of Diversity Day critical intervention methods could also create badges with 2017, the event was repeated in for managerial practice set queer slogans, pin themselves on 2018. To include the many and the scene for a combination of the world map, help catalogue different experiences of being at scheduled events and an open everyday sexism and get a walk- CBS, the focus of Diversity Day house format, where companies in experience of feminist plays. 2018 was on intersectionality. and other organisations were The event was in collaboration Like in 2017, the event in 2018 represented, with various stands with CBS’ Public-Private included talks, panel debates, and activities related to how they Platform research cluster on stand activities and seminars work with organising diversity Diversity and Difference, which in collaboration with students, and inclusion. Some of these led to an integration of culture faculty, partner organisations activities included ‘Borrow and science, to investigate how and companies. a Prejudice’ at The Human Diversity Day can change the Library, to learn more about understanding of norms, how Organiser: Sean Rehn, stigmatised groups, a white they affect people and how [email protected]

There is more to diversity than genders. It cannot be reduced to sexual orientations, nor to age, (dis)ability, culture, language, ethnicity, or any other identity category. The manifold ways in which these identities can intersect create specific experiences of (in) equality and need to be addressed accordingly if we are to understand the complexities of diversity issues. 48 SECTION FIVE EXTERNAL ENGAGEMENT COPENHAGEN IMPACT INVESTING DAYS 12TH-14TH MARCH 2018 In 2018 CBS held the inaugural Copenhagen Impact Investing Days, an event at which Copenhagen Business School welcomed 180 participants ranging from impact investors, philanthropists and social entrepreneurs to policymakers. These participants jointlytensions between stakeholders discussed research needs and of the impact investing process. • The Beijing Impact priorities for inquiry. The Investing Days on the event aimed to formulate a The discussions during the 22-24th May 2019, to be research agenda that will help Copenhagen Impact Investing held on the campus of understand the effectiveness of Days critically reflected upon the Sino-Danish Centre impact investing. This in turn current impact investing in China. is intended to guide investors practices by inquiring into towards implementing impactful essential topics such as the • 2nd Copenhagen Impact investment strategies. actual impact of social impact Investing Days on the measurement, the need for high 23-25th September Impact Investing describes a quality longitudinal datasets 2019, hosted again by number of practices that aim on financial performance, and Copenhagen Business for the most efficient capital the role education has to play School. allocation (the “investment” in sharing effective methods part) in relation to the and approaches. The Impact Both events aim to attract papers achievement of certain social Investing Days included side that may eventually be submitted and environmental goals (the events on topics such as best case for publication in a Special Issue “impact” part). While the social practices from municipalities of the Journal of Buisness Ethics impact goal is an essential part of providing a good environment entitled: “Impact Investing impact investing, such practices for impact investing and social – Critical Examinations of can aim to achieve multiple entrepreneurship; and what Motivations, Processes and objective functions including promise impact investing holds Results” (submission deadline the generation of financialas a tool in developing countries. January 2020). returns to investors. Multiple objective functions give rise to In 2019 two follow-up events are Kai Hockerts moral dilemmas and ethical planned: [email protected] SECTION FIVE EXTERNAL ENGAGEMENT 49

THE GLOBAL GOALS AT FOLKEMØDET In 2018 over 100,000 people of sharing information about implementation of the Global attended Folkemødet on the the SDGs upon us and created Goals in the educational system island of Bornholm, also dialogue with individuals of all by 2030. known as the Peoples’ Festival. ages about the Global Goals, Folkemødet comprises roughly CBS PRME and our vision and By engaging students, educators, 3,000 different events, as well mission. top managers, and stakeholders as a Royal visit. The aim of in debating the SDGs, we put Folkemødet is to provide a With various partners from responsible management and platform for interest groups different sectors of thequality education on the agenda as well as individuals who all educational and business worlds, and gave food for thought believe in democracy and want we co-created the event “Do you for further debate, whilst to create dialogue across political Believe in Generation Global reinforcing partnership for the beliefs. Goals?” with a panel consisting of goals through interdisciplinary students and educators. During cooperation. For the very first time, CBS the event, the participants PRME was amongst those presented cases from different CBS PRME are pleased to attending and we marked our educational levels, while the confirm that we will be attending participation by co-creating audience, as well as a number Folkemødet again in 2019 with and actively participating in of experts and politicians even more exciting initiatives. the first ever Global Goals would listen and reflect on Tent (Verdensmålenes Telt) at the topic, and finally discuss Louise Thomsen Folkemødet. We took the role concrete actions to support the [email protected] RESEARCH SECTION SIX RESEARCH 51 PUBLICATIONS HIGHLIGHTS In 2017, CBS published 442 peer-reviewed journal articles. 167 of these were on topics related to responsible management. 38% of all peer-reviewed journal articles published at CBS in 2017 were related to responsible management, up from 25% in 2016. Additionally, CBS published 38 peer-reviewed journal articles 39% in FT50 journals in 2017. 39% of these were related to responsible management, an increase of 6% since 2016.

CBS articles in FT50 journals published in 2017 covering responsible management topics.

2011 2012 2013 2014 2015 2016 2017

Total number of peer-reviewed articles 467 449 521 563 559 452 442

Peer-reviewed articles covering responsible management topics 62 52 71 86 98 111 167

Peer-reviewed articles covering responsible management topics (%) 52 SECTION SIX RESEARCH SELECTED RME-RELATED BOOKS PUBLISHED BY CBS FACULTY Changing Sustainability objectives and societal needs. across public, private and not- Norms through for-profit (NGO) stakeholders, Communication Processes: Karin Buhmann sets out the and develops insights for future concerns of public regulators multi-stakeholder sustainability The Emergence of the and businesses that both inform regulation, focusing both on Business and Human Rights debates and create power the regulatory process and the Regime as Transnational struggles in the construction of outcome. Law sustainability norms between Karin Buhmann. Edward Elgar public policy interests and the Changing Sustainability Norms Publishing, 2017. market. The author focuses on through Communication three trends in argumentative Processes will be a valuable Applying the emergent Business strategies applied in the BHR read for NGOs, regulators, and Human Rights (BHR) context and considers the use, managers and academics with regime as a case, this book impact and complementarity a concern for sustainability analyses regulatory strategies, of these for sustainability regulation by helping to enhance communicative approaches regulation. Through analysis of their understanding of how to and public-private processes selected transnational regulatory influence normative change to develop new sustainability- processes, the book identifies in organisations, in support of related norms, particularly argumentative and negotiation sustainability and responsible for business, for maintaining strategies that led to agreement on business conduct. and promoting public policy BHR despite conflicting interests

Communicating Corporate about corporate social communication through digital Social Responsibility in the responsibility initiatives is vital platforms therefore is necessary, Digital Era to organizations that increasingly to establish an essential definition Edited by Adam Lindgreen, highlight their corporate and up-to-date picture of the Joëlle Vanhamme, Francois social responsibility initiatives field. Maon and Rebecca Mardon. to position their corporate Routledge, 2017. brands for both consumers and This research anthology addresses other stakeholders. Yet these the above objectives. Drawing organizations still sometimes on marketing, management, Although literature on rely on traditional methods to and communication disciplines, corporate social responsibility communicate, or even decide among others, this anthology is vast, research into the use against communicating at all, examines how organizations and effectiveness of various because they fear triggering construct, implement, and use communications through digital stakeholders’ skepticism digital platforms to communicate platforms about such corporate or cynicism. A systematic, about their corporate social responsibility is scarce. This gap interdisciplinary examination of responsibility and thereby achieve is surprising; communicating corporate social responsibility their organizational goals.

How Do We Improve Our tries to start a constructive debate rationales which are crucial in Welfare Debate? to help us understand the welfare understanding and discussing the Nanna Mik-Meyer. state, it's foundations, as well as welfare state. Informationsforlag, 2017. how we can protect it. This is an important book for Research professor Nanna Mik- everyone who works with the The welfare state, built up by the Meyer is behind the book "How public sector and wants to know hard work of many generations, is Do We Improve Our Welfare more about welfare and the under pressure, and "How Do We Debate?". It presents three welfare state. Improve Our Welfare debate?" SECTION SIX RESEARCH 53 SELECTED RME-RELATED PHD RESEARCH FROM 2017-18

Payments related to Blockchain and Other Digital Products and Potential for the Circular Economy in the City of Copenhagen Services in International Tax Law Sönnich Dahl Sönnichsen, [email protected] Louise Fjord Kjærsgaard, [email protected]

Combatting Falsification and Counterfeiting of Medicinal Women, Men, and Their Technological Replacements in the Products in the European Union - A Legal Analysis Future Labour Market Vishv Priya Kohli, [email protected] Mathias Fjællegaard Jensen, [email protected]

Ensuring ethical standards within a multinational pharmaceutical corporation - An anthropological study Sustainable work. A practical philosophical investigation of business ethics across global locations within Ferring Mette Nelund, [email protected] Pharmaceuticals Anna Kirkebæk Gosovic, [email protected]

Essays on the Strategic Use of Corporate Social Responsibility Socioeconomic Importance of Research-Based Education by Multinational Enterprises Tróndur Møller Sandoy, [email protected] Vanya Rusinova, [email protected]

How to be Socially Responsible? In Whose Terms? Perceptions of Corporate Social Responsibility (CSR) in Myanmar’s Export Eradicating Poverty through Profits Garment Industry 2011–2015 Henrik Gundelach, [email protected] Jinsun Bae, [email protected]

The Reciprocal Relationship between Renewable Energy MNCs, Corporate compliance and anti-corruption: A study on the role Value Creation and Anti-Globalization Tendencies of multinational companies in the age of globalization Katrine Maria Lumbye, [email protected] Anestis Keremis, [email protected]

Responsibility: Towards a unified understanding and a road Partnerships & Procurement: Smart City Solutions more travelled - A transdisciplinary study of Corporate Lasse Bundgaard, [email protected] Responsibility and Access to Medicines in an era of volatility Joachim Delventhal, [email protected]

How do MNCs respond to complex systems of demands for responsible business conduct in an age of growing anti- Exploring the potential of social banks globalisation? Sara Elsa Maj Dahlman, [email protected] Alison Emma Holm, [email protected]

The Private Governance of Social Sustainability: The interplay Samskabelse - en metode til effektivisering og kvalificering af of institutions in the governance of the Bangladesh ready-made den offentlige sektor? (Co-creation - a method for effectivising garment industry and qualifying the public sector?) Erin Leitheiser, [email protected] Trine Holck Grundahl, [email protected] 54 SECTION SIX RESEARCH RESEARCH PROJECTS ECOVILLAGES AS LABORATORIES EcoLabSS provides a multi-level and illage inhabitants. The meso-community OF SUSTAINABILITY AND SOCIAL mixed-method study of the ecovillage level is analyzing the everyday practices movement that combines the comparative and processes involving organization, deci- CHANGE (ECOLABSS) study of two local ecovillages, respectively sion-making and creation of future-oriented in Denmark and Italy, with a systematic norms and codes of conduct inside the two In an historical moment where citizens of analysis of the actions and networks of case studies. Finally, the macro-societal the world are called to take action to face the transnational organization Global level is centred on the study of how the multiple crises - the emergency of climatic Ecovillage Network (GEN). The review ecovillage movement - represented by the change, high and rising socio-economic ine- and the fieldwork is then used to develop transnational organization GEN - translates qualities, and the upsurge of intolerance and a comprehensive theoretical and analytical and diffuses its practices, racism within and between countries - the framework centred on the path-breaking narratives and visions of a study of transformative grassroots initiatives definition of ‘community-based prefigura- just and sustainable society to becomes crucially important and timely. tive social movements’. policy-makers, institutions, ‘Ecovillages as Laboratories of Sustainability The empirical analysis is structured along other civil society actors and and Social Change’ (EcoLabSS) is conceived three mutually informing levels of analysis: the wider public. as an international, inter-sectoral and inter- micro-individual level, meso-community disciplinary project aiming at producing a level, and macro-societal level. The first theoretically grounded and methodological- level is focused on the study of individual Liv Egholm ly innovative study of one of these grassroots life trajectories and biographies of ecov- [email protected] initiatives: the ecovillage movement.

OTTO MØNSTED VISITING PROFES- between Humans and Machines”. welfare state. ITM garnered interest from SORSHIP - HAMID EKBIA (2) Collaborate on scientific articles with the Danish media, industry, labour unions colleagues at ITM with the objective of and policy-makers to meet Professor Ekbia. generating at least one co-authored article (4) Play a vital role in the PhD programs The purpose of the application was to fund to be published in Management Information of LIMAC, the doctoral school of CBS, by a 3-month visit in 2018 by Professor Hamid Systems Quarterly (MISQ), Academy of teaching in post-graduate courses and/or Ekbia from Indiana University (IU), USA, Management Review (AMR) or Organiza- running a series of workshops on theory at the cost of 70,000 DKK per month. A pri- tion Science (ORSC). All three journals are development and research methodologies. mary purpose of the visit was to further the premium business journals listed on the Professor Ekbia will also be a valuable source fledgling but excellent collaboration between Financial Times’ List of 50 Business Journals for strengthening the PhD education at ITM Professor Ekbia and faculty members at the (FT50), the UT Dallas List of 24 Business with the eventual aim of se- Department of IT Management (ITM) at Journals (UTD List) and as 4* journals on curing reputable placements Copenhagen Business School (CBS). This, the Association of Business School’s Ranking for PhD graduates at the best in turn, helped to build new relationships of Business Journals (ABS 4*). The FT50, universities in the world.’ between other CBS departments and IU. For UTD List and ABS 4* are of the highest (5) Mentor junior faculty the duration of his visit, Professor Ekbia was international standards applied in ranking members at ITM to publish in associated with and situated at ITM. business schools. premium business journals. (3) Engage with representatives of Danish The goal of the visit was to engage in the society with regards to the social impli- Attila Marton following collaborative activities: cations of computerized automation and [email protected] (1) Develop a promising new research the changing nature of labour and the program on the “New Division of Labour

DESIGNING THE NEXT-GENERATION requesters. To this end, this research aims forms; (2) determining the types of risks CROWD PLATFORMS to conduct a cross-country comparison of encountered on crowd platforms, and; (3) contributors’ behavior on existing crowd devise mechanisms for capturing the benefits platforms in both Denmark and Hong from individuals’ contribution to crowd Despite the growth of crowdsourcing as Kong in order to uncover factors that platforms while mitigating the risks involved a de facto practice for organizations to incentivize or disincentize contributors. In in contributing to these platforms. leverage the collective strength of online doing so, this study endeavors to develop communities in tackling business problems, a comprehensive and robust theory that is it is often plagued by challenges in retaining essential for: (1) ascertaining individuals’ Chee-Wee Tan contributors and fraudulent behaviors of motivation for contributing to crowd plat- [email protected] SECTION SIX RESEARCH 55

In 2017 and 2018 CBS faculty carried out a large number of PRME and SDG-related projects. Some of these are listed here, alongside the SDGs they address.

THE SOCIOECONOMIC IMPORTANCE techniques, and (4) collect and use unique the economics of education. He will lead an OF RESEARCH-BASED EDUCATION data. international research team of economists and sociologists who are top researchers in To this end, we define five sub-projects. their fields. Active guidance will be provided In order to provide effect-based policy Project 1 (P1) will use a macroeconomic by our advisory board: Edward Lazear-Stan- guidance, we seek to answer the following model to estimate the effect of university ford, Chief Economic Advisor to President question: “What are the societal effects of funding levels on the quality of students. George W. Bush; Kathryn Shaw-Stanford, university-based education in a complex P2 will qualitatively investigate the impact STEP Board, National Academy of Science; R&D innovation ecosystem, and how might of the private sector on academic research and Andrew Webster, University of York, educational policy be improved so as to and teaching. P3 and P4 will seek to Director of the SATSU and of AsSIST-UK. maximize these effects efficiently?” understand the value that research-based universities provide to individuals and to Anders Sørensen Answering such a question is crucial in firms, respectively. P5 will extend the set [email protected] determining whether recent policy reforms of sociological-impact models that can be of the Danish educational system have used to understand the R&D-innovation Fane Naja Groes generated or will generate ripple effects on ecosystem. [email protected] innovation, growth and societal well-being. In order to answer such an important ques- The project will be led by Anders Sørensen, Jane Bjørn Vedel tion, we believe that it is necessary to (1) Professor of Empirical Economics, Copen- [email protected] approach the complex system at several key hagen Business School Economics, Director nodes, (2) use a cross-disciplinary approach of CBS’s Center for Innovation (2017). Moira K. Daly that draws on both economics and sociology, Sørensen is a senior researcher in the areas [email protected] (3) employ both micro and macro modeling of R&D, innovation, firm performance and

THE ROLE OF THE PRIVATE SECTOR IN to disseminate the results of a pilot study education”. The report is presented in the RESEARCH-BASED EDUCATION she has taken in connection with the Novo Nordic Fund. projects “The Role of the Private Sector in research-based education”, and “The Soci- Jane Bjørn Vedel Jane Bjørn Vedel is developing a report oeconomic Importance of Research-based [email protected]

GROWTH VIA INNOVATION IN as Sweden, the Netherlands, Germany 3. How can innovation be increased in DANISH COMPANIES and France. On top of this, the intensity of Danish companies? research and development in business fell between 2013 and 2014, and is now at its These questions are important particularly An increase in Danish productivity is crucial lowest level since 2009. when taking into account that there is a for securing an increase in Danish national sizeable difference in the intensity of innova- income. In this context, innovation is crucial This leads to three important questions: tion amongst companies, including amongst as a driving force in increasing companies’ narrowly defined branches or business sizes. productivity. The amount of Danish com- 1. Why do some companies innovate, whilst panies actively engaging in innovation is others do not? Anders Sørensen however very constant at around 50 percent. [email protected] This can be interpreted as untapped potential 2. Why do some companies invest a lot in for an increase in Danish national income, innovation, but others only invest a small Peter Bogetoft if this amount can be increased. amount? [email protected] The amount of companies innovating is lower in Denmark than in countries such

CENTER FOR FINANCIAL FRICTIONS or which are imposed by regulation and and helping regulators and (FRIC) institutional settings. lawmakers designing regu- lation. It is our goal to formulate and test asset FRIC studies frictions in financial markets pricing implications of such frictions, thus David Lando which either arise spontaneously in markets, helping investors allocate funds efficiently [email protected] 56 SECTION SIX RESEARCH DIGITAL TRANSFORMATION OF WORK sion-making in administrative organizations to transformation of work. being transformed with the use of modern technologies? If yes, what is the nature of 3) Are concerns on privacy and norms The objective of this research collaboration the transformation? Focus area 1 will revisit being balanced in new ways due to the is to strengthen the research on digital the classical work by Herbert Simon, hence advantages of technology? This focus area transformation of work. Research on new focusing on administrative behaviour. relies on the work by Westin (Privacy & technologies in the workplace is short of Freedom) hence exploring whether workers knowledge on how new digital technologies 2) Is the nature of how management re- perceive their privacy sphere being invaded such as robots, artificial intelligence (AI), and sponds to the opportunities and challenges by technologies and whether workers balance Internet of Things (IoT) are transforming the raised by new technologies challenging the possible control mechanism with overall nature of work and how management is re- the classical areas of strategy, changing the job improvement. sponding to the opportunities and challenges attention to technology as the key driver for raised by the new wave of technologies. change? Focus area 2 will revisit the classical Kim Normann Andersen strategy-work by Chandler exploring how [email protected] Specifically, we are exploring three areas of management takes decisions: long-term transformation: (strategy), mid-term (tactical), and short Helle Zinner Henriksen 1) Are the tasks and the nature of deci- term (operational) perspectives with respect [email protected]

COMPLIANCE AND RISK MANAGE- fund. In this environment, staff members prepare course participants for a European MENT will need to have the right competencies in career, if desired. In parallel, the program will order to successfully manage the strategic have a strong focus on addressing IT security, shifts. Otherwise, their future employability fraud mitigation, and especially in the area of The whole area of governance, strategic risk will be rather limited. However, many have value based management, including the latest management, and digital disruption has a knowledge and educational gap when it research in the area of behavioral economics. significantly changed over the past decade comes to these issues, and that gap needs to and more draconian changes are coming in be addressed and filled. There is also a need for understanding best the future. Furthermore, many of the current practices, sharing of experiences, and new business models are getting fundamentally Fundamentally, it requires a complete re- learning in the market. The idea behind this changed and challenged which will require thinking of governance, risk, and compliance program is to cater to this need. We want this a different and profound understanding of (GRC) issues, which have often been handled program to give future managers the skills strategic risks. in a reactive way, to be an integrated and pro- and knowledge to create a strong, Nordic, active part of all business processes. Center value driven, and ethical foundation for their From a managerial perspective, entire for Corporate Governance (CCG) has been careers in their chosen sector by introducing industries are moving from being stable, encouraged to come up with a program that strategic risk management and compliance conservative, and local to being disrupted will be a valuable contribution to industry. to the core of the company, rather than using with very different industry dynamics and them as survival mechanisms when needed risk profiles. These challenges are not only The above mentioned issues, which are here in a moment of crisis. caused by digitalization and new technolo- to stay, and the challenges they present to gies (like Blockchain, Robot advice, etc.) but companies should be the focus of the new Lars Christian Ohnemus also by the fact that the entire competitive program. The program will be based on [email protected] landscape is changing with increasing global the latest research in the field. On top of competition. Furthermore, Fintech, artificial this, there will be strong involvement from Jens Gammelgaard intelligence, and digitalization are game leading industry partners. [email protected] changers, regardless if one is working at an incumbent player in a given sector or The program will also be based on a clear set Steen Thomsen in a start‐up financed by a private equity of Nordic corporate governance values and [email protected]

THE DUALITY OF RISK improve businesses’ skills in predicting when thereby hopefully carry out more projects risks should be taken. We attempt to use involving risk that lead to growth and growth businesses’ experience with earlier projects to creation, and reduce the amount of projects Businesses that go bankrupt have often standardize the management competencies as involving risk that fail. taken large risks, for example by taking well as macro-, branch- and business specific risks on untested products, new technology, relationships, which lead to either growth and and large investments with large debts as a Jeppe Christoffersen growth creation or growth destruction and result. However, the same can also be said of [email protected] eventual restructuring or bankruptcy. The businesses who have delivered growth and ultimate goal of the study is to help decision value creation. The goal with this project is to Thomas Plenborg makers to optimize their risk taking and [email protected] SECTION SIX RESEARCH 57 LEADERSHIP AND CORPORATE practices in the execution of a given task af- research purposes. This project will allow us HONESTY fects the (dis)honesty in the decision-making to pursue new research collaborations and to of employees that subsequently undertake draft at least one paper that will ultimately similar tasks within an organization. In order target top international journals. The main objective of our stay at the Lab- to pursue this objective we want to test our oratory for Research in Experimental and presumptions via laboratory experiments. Orsola Garofalo Behavioral Economics in Valencia (LINE- LINEEX is the strongest and most established [email protected] EX), is to analyze whether and how (i.e., to institution to conduct behavioral economics what extent and through which channels) experimental research in Europe and rep- Alice Guerra a leader’s adoption of (non-) transparent resents the most efficient solution for our [email protected]

CROSS-CULTURAL EXPERIMENTAL Designing effective policies for reducing impact of social norms and social interac- ANALYSES ON TAX MORALE tax evasion thus requires understanding the tions on tax morale. To isolate cultural effects behavioural aspects of tax compliance deci- as a factor in tax compliance, this aim will be (CHEATAX) sions. The previous experimental analyses pursued by collecting survey and laboratory on tax compliance were mainly carried out data in Italy and Denmark, respectively rep- Tax evasion is a large and growing problem in the Centre-North of Italy (Milan, Bologna resenting Southern and Northern European in almost all countries (Murphy’s 2012 report and Rome) and assumed the taxpayer as an societies, and in the South and the North “Closing the European Tax Gap” estimated isolated individual. of Italy to capture disparities in Italian tax that “tax evasion in the European Union compliance. The outputs of this project will is approximatively €860 billion a year”). My proposed research, entitled “Cross-Cul- help understanding how different countries This problem is particularly extreme in tural Experimental Analyses of Tax Compli- can establish and foster cooperation with Southern European countries as Italy, Spain ance” (ChEATAX) will innovate by taking a taxpayers to enforce tax compliance. and Greece. Recent experimental and survey broader perspective on tax morale from the analyses revealed that individual’s intrinsic perspectives of both geography and level of Alice Guerra motivation to pay taxes is not only influenced analysis. In this way, ChEATAX can advance [email protected] by tax rates and audit probabilities, but also knowledge by addressing two long-standing by social and cultural norms. gaps in the literature: the North-South dis- Brooke Harrington crepancies in Italian tax compliance, and the [email protected]

THE MORAL ELITE: WHO SHAPED and a specialization of welfare initiatives. these different spheres and shaped central THE DANISH WELFARE STATE (1890- features of the developmental path toward This period, where central principles and what was later designated “the welfare state”. 1933)? infrastructure of the welfare state were established, was characterized by partnership Using mixed methods with an emphasis While the concept of ’welfare state’ only between the state and private philanthropy, on network analysis, the project aims to became established after the Second World meaning that influence on several levels identify, describe, and trace the effects of this War, many of its principles had already – social policy, the ideas guiding welfare elite from the 1890s to the 1930s – with an been established in the first half of the 20th initiatives, and the means and methods emphasis on its role in adapting international century: Increasing levels of expenditure, adopted in social work – was spread out ideas of social provision to a Danish context. universal access without means testing, a across the civil society-state divide. It is changed view of welfare recipients as not only the claim of this proposed project that a Anders Sevelsted individually responsible for their own situa- ‘moral elite’, consisting primarily of medical [email protected] tion, a professionalization of social workers, doctors, priests, and politicians, connected

SMART GREATER COPENHAGEN strategic and operational skills to make Jacob Nørbjerg the most of industry 4.0’s opportunities. [email protected] The supplementary training concept will Through development of a new concept be used as the foundation for development Torkil Clemmensen of supplementary training to stimulate a of growth-related competencies amongst [email protected] market for development of innovation employees within smart technology and competencies with the goal of improving digitalisation. Jan Damsgaard digital competencies in the capital region and [email protected] in the whole of Greater Copenhagen. This is a premise for strengthening businesses’ 58 SECTION SIX RESEARCH THE IMPORTANCE OF MULTIPLE an important economic issue, lack of data among others, affect the likelihood of being ABILITIES FOR LABOUR MARKET has limited research on how noncognitive employed rather than unemployed in 2004? abilities affect these outcomes. OUTCOMES 2) The returns to multiple abilities over time. I have access to a unique Danish survey from That is, whether and to what extent the It is common knowledge that noncognitive 2004 on supply of multiple abilities, including individual use at work of the creative and abilities matter for success on the labour mar- noncognitive abilities. Based on this, the aim innovative ability, social competency, ket. Individuals must create new products or of my postdoc project is to determine: self-management, and communication services, interact with others, carry out work ability, among others, influences wages from independently, communicate knowledge and 1) The importance of multiple abilities for 2004 to 2012? I look at the returns for all use other “soft skills” at work. To the extent employment. employees and within different occupations. that noncognitive abilities are associated with That is, whether and to what extent the carrying out a task at work, they affect labour individual use at work of the creative and Alice Heegaard Klynge market outcomes such as employment or innovative ability, social competency, [email protected] wage over time. However, although personal self-management, communication ability, determinants of labour market outcomes are

MONETARY POLICY NETWORKS AND power. Hence, it is increasingly important models and confirm their predictions in ASSET PRICES how central banks communicate and what sovereign bond and exchange rate markets information they provide, especially in crisis using a new, comprehensive set of interna- times. tional monetary policy. We study the effect of monetary policy communication on asset prices. Worse than expected monetary policy Gyuri Venter communication can propagate negative [email protected] Since reaching the zero lower bound in macroeconomic shocks, leading to contagion many countries, the traditional monetary across asset classes, both domestically and Paul Whelan policy that influences long interest rates internationally. We plan to build theoretical [email protected] by controlling the short rate has lost its

QUANTIFYING OPPORTUNITIES AND alternative investments in renewable energy. of alternative investments. Given the current RISK IN ALTERNATIVE INVESTMENTS focus on green investments and the pension In an attempt to quantify risk factors stem- funds’ increased appetite for alternative ming from economic, political, social or investments, the project will also provide The project studies alternative investments technical reasons, a new framework should important insight into how more green as a topical area within finance. Alternative be developed. This very framework serves as investments can be ensured without putting investments, in this study but also as a a model to value renewable energy projects pension savings too much at risk. definition per se, relate to investments that and potentially also other types of alternative are not considered traditional such as listed investments. The project is a collaboration with Lars bonds or stocks. More precisely, the overall Christian Gaarn-Larsen, objective of the project is to study how risks Aside from the contribution to the academic from Energi 30, a green en- and opportunities related to alternative literature, this work would benefit several ergy fund, and PhD student investments should be quantified. other stakeholders, including investors, Alexander Kronies. investment brokers, policy makers and Specifically, the project aims to develop a FSAs (Financial Supervisor Authorities), Ken L. Bechmann framework that thoroughly incorporates who are all increasingly exposed to aspects [email protected] risks and opportunities with regards to

CROWDSOURCING-BASED PROBLEM rewards the contestant(s) with the best effects of collaboration among contestants. SOLVING: THE ROLE AND EFFECTS OF solution(s), i.e., the winner(s). By conducting a set of experimental studies we specifically seek to identify causal re- COLLABORATION AMONG CONTEST- Viewing crowdsourcing as a tournament is lationships related to how, why and under ANTS a useful abstraction, however, this concep- which conditions collaboration among tualization fails to consider that practical contestants affects problem-solving success The crowdsourcing of solutions to innova- approaches increasingly integrate features in crowdsourcing. tion-related problems has lately received such as the ability to vote or comment on considerable attention in practice and a others’ contributions. Allowing for collabo- Marion Poetz growing interest in academia. It typically ration fundamentally changes the nature of [email protected] occurs through innovation tournaments, the tournament. where a hosting organization broadcasts a Christoph Grimpe problem in the form of an open call and Hence, this project investigates the role and [email protected] SECTION SIX RESEARCH 59 THE ROLE OF REGULATIONS AND IM- separate papers. we will investigate whether MIGRATION IN FIRMS’ OFFSHORING the inflow of low skilled Specifically in the first paper we will study the migrant workers in the local DECISIONS determinants of firms’ costs associated with labour market reduces the the offshoring decision by focusing on the need for firms to offshore The growth in both offshoring and immigra- degree of regulations in important branches or whether it boosts it by tion are two striking features of the recent of firm activity and within the labour market. providing connections that rapid pace of economic globalization. This For the empirical analysis we will use the firms then use to offshoring. proposal consists of a research project, which World Bank cross-country database of busi- will assess the main driving forces behind ness regulations and the Danish registers. In Dario Pozzoli Danish firms’ offshoring decisions in two the second paper by using the same registers, [email protected]

COLLABORATION AND RELATIONS part in the competition for public contracts. of competition law in a public procurement BETWEEN ECONOMIC OPERATORS context in order to determine how to strike The legitimacy and desirability of such col- the balance between collaboration and IN THE COMPETITION FOR PUBLIC laboration and relations is however regulated relations between tenderers and effective CONTRACTS – LEGAL AND ECONOMIC by EU and national competition law. In spite competition for public contracts. ANALYSES OF GREY ZONES BETWEEN of the practical relevance, there is only very PUBLIC PROCUREMENT LAW AND sparse case law at EU level, and the state of Christina D. Tvarnø COMPETITION LAW law concerning assessment of collaboration [email protected] and relations between tenderers in compe- tition for public contracts is highly unclear, Marcus Asplund EU and implementing national public pro- which may jeopardize efficient spending of [email protected] curement regulation and case law explicitly taxpayers’ money. allows a great variety of collaboration forms Kathrine Søs Jacobsen and relations between tenderers who take The Ph.D. project will analyse the application [email protected]

TRADE AND THE DISTRIBUTION OF globalization, and by how much? international trade affects income and con- WELFARE: AN EMPIRICAL APPROACH sumption patterns as well as Addressing this question requires detailed welfare of Danish workers data on international trade, individual exposed to competition from Events such as Brexit and the rise of populist income, and household consumption. In abroad. politicians have pushed globalization and this project we will merge these three types inequality to the forefront of public policy of information into a unified dataset. Using David Jinkins discussions. The central question in this this unified dataset, we will measure how [email protected] debate is who gains and who loses from

OPEN INNOVATION IN SCIENCE The center’s understanding of Open In- research through a shift towards working CENTER novation in Science builds on the widely more openly, collaboratively and interdis- distributed nature of innovation-relevant ciplinarily. knowledge along contextually, geographically Associate Professor Marion Poetz is head- or functionally dispersed sources, and refers Developing and testing new methods for ing a large initiative called the LBG Open to enabling, initiating and purposively man- integrating Open Innovation principles into Innovation in Science Center (OIS Center) aging knowledge flows across organizational scientific research and innovation processes. funded by the Austrian National Foundation and domain-specific boundaries for gener- for Research, Technology and Development. ating novel research questions, designing, Establishing new forms of stakeholder in- conducting and funding research studies, teractions and collaborations within science The OIS Center is located in Austria at the disseminating research results and eventually Ludwig Boltzmann Gesellschaft (LBG) in translating new scientific knowledge into The Department of Strategy and Innovation Vienna. It is established as an international innovation. As such, it clearly goes beyond contributes to the center via Associate Profes- hub for investigating, discussing and exper- existing concepts of Open Access, Open sor Marion Poetz, who is scientific director imenting with Open Innovation in Science. Journals or Open Data and challenges estab- of the center, and the post lished ways of conducting and disseminating docs and PhD students who The OIS Center aims to generate insight science. are actively involved in both into the potential of using open innovation Vienna and Copenhagen. principles and methods in science along the The goals of the OIS Center are: entire process of generating and disseminat- Marion Poetz ing new scientific research. Re-thinking and re-designing scientific [email protected] 60 SECTION SIX RESEARCH

PROMOTING E-LEARNING FOR some EU member states is to increase the availability, by contributing ADULTS TO IMPROVE QUALITY adult participation rate in education and to the development of free- training. Furthermore, the contemporary access IT-based educational AND AVAILABILITY OF LIFE-LONG trends are such that individuals are products that will enhance EDUCATION frequently left to deal with making financial literacy. financial decisions without processing the Bearing in mind the priority goals of necessary knowledge basis. The project goal Torben Juul Andersen Europe2020 strategy, the main challenge in is to improve adult education quality and [email protected]

IHC – MSC IN INNOVATION IN School, in partnership with Universidade implementation. Courses draw on industry HEALTH CARE de Lisboa, and Universidade de Coimbra and experts, high quality academic faculty and Erasmus Universiteit Rotterdam. real life cases. The program is accredited and supported IHC – MSc in Innovation in Health Care Focusing on the unique work context of by EIT Health (EU). is the world’s first full two years master’s health care companies and organizations, program offered in health care innovation. IHC students learn to analyse health care It is jointly delivered by the Faculty of Health innovations as business cases and develop Finn Valentin and Medical Sciences at the University of actionable skills for their design and [email protected] Copenhagen and Copenhagen Business

CROWD PREDICTIONS FROM THE employees in global subsidiaries predict is Collective Intelligence Unit (CIU) and has FRONTLINE: A PROACTIVE DECISION going to benefit your company over time. together with her colleague Professor Torben And imagine, as an employee working in a Juul Andersen recently received a grant to TOOL FOR DYNAMIC, STRATEGIC local subsidiary, that top management of the test the method: MANAGEMENT global corporation makes decisions on the basis of your weekly predictions. The project will establish a deeper The project is a result of the Danish Industry understanding of the potential strategic value Foundation’s special call for new management This scenario is made possible due to a of collective intelligence, where predictions principles which ended earlier this year. newly developed method which makes from employees on the companies’ frontline Principal investigators are Assistant Professor use of prediction software. In one day, the create better and more exact information Carina Antonia Hallin and Professor Torben software can analyze great amounts of data for important decisions at headquarters. Juul Andersen, both from the Department of from employees (the crowd) which instantly The project is going to test and validate the International Economics and Management are made available to management. The method together with Danish manufacturing at CBS. The Danish Industry Foundation predictions of today are usually based on companies operating in global markets. is partner in the project and will inform its historical data e.g. monthly, quarterly or members of the project. annual reports. Carina Antonia Hallin As a manager in a global corporation, [email protected] imagine that you within one week can collect The new method is developed by Assistant data and receive a comprehensive report Professor at CBS Carina Antonia Hallin. She Torben Juul Andersen which summarizes what hundreds of your is head of the research environment called [email protected]

CHINA’S LOCAL STATE OWNED diversity within state ownership by studying governance structures including the role of the ENTERPRISES: VARIETIES OF China’s locally controlled SOEs. These SOEs Party organization in enterprise management are the backbone of provincial economies, and decision-making. The project positions STATE CAPITALISM, CORPORATE and controls the majority of state assets in itself in comparative political economy, GOVERNANCE AND MIXED China today. However, they are embedded and argues that a comparative sub-national OWNERSHIP (SDC PHD) in very different subnational institutional analysis highlighting provincial and city environments, or what can be termed “local level institutional differences is necessary for The PhD scholarship targets the intersection varieties of state capitalism”, which shape understanding contemporary state-market of business and politics in China. Key sectors their functions, governance, ownership and relations in China. of the Chinese economy are dominated by corporate strategies. state owned enterprises (SOEs) owned by Kjeld Erik Brødsgaard central and local government. Through a series of articles, the project will [email protected] shed light on the diversity within local SOEs The purpose of this PhD project is to in China; their institutional embeddedness, Nis Høyrup Christensen contribute to the limited literature on (mixed) ownership reforms, and corporate [email protected] SECTION SIX RESEARCH 61 6TH COPENHAGEN CONFERENCE The activity platform addresses the rise of by home country institutional settings? How ON EMERGING MULTINATIONALS: several emerging economies, especially are sovereign wealth funds coming to manage China, as large outward investors. The their assets with increasing activism? Several OUTWARD INVESTMENT FROM characteristics of these increasing outward research projects are ongoing at EGB in these EMERGING ECONOMIES flows are still poorly understood, as are the domains. The platform has incubated several corporate strategies, government policies and high-profile international collaborations at The Department of International Economics, institutional arrangements underpinning CBS and the biennial conference series has Government and Business (EGB) maintains them. spawned a large number of an activity platform on outward investments publications, including a from emerging economies. The platform What are the links between forms of collection of journal special comprises of research, publication projects, ownership, state ownership in particular, issues. and dissemination activities and is and internationalization? How are outward coordinated by Professor Peter Gammeltoft. investments impacting on flows of knowledge Its flagship undertaking is a biennial and technology between emerging and Peter Gammeltoft conference series, ongoing since 2008. developed countries? How are flows shaped [email protected]

THE MARITIME INDUSTRY IN 2030 conference has the goal of summing up the interdisciplinary collaboration central maritime policy recommendations amongst Danish universities. in recent years, as well as making available The conference ’The Maritime Industry the observations and suggested solutions in 2030’ was held over two days as a two- Henrik Sornn-Friese of leading actors to business and society part event, with an open conference on [email protected] related problems directed towards the day one and a closed workshop on day organization of new maritime research and two. With a background of presentations, Leonardo Santiago education initiatives, which set the scene for panel discussions and a workshop, the [email protected] LEADERSHIP NAVIGATION FOR A will be provided to the business community The businesses will typically be members of NEW ERA: FROM COMFORT ZONE TO generally via a practitioners guide, articles, NOCA or Dansk Industri. blogs, a debate book as well as via networks COMPETITIVE POWER and social media. Signe Vikkelsø [email protected] The goal of the project is to give managers in As the project focusses primarily on small and medium sized businesses the tools management in small and medium sized Mette Mogensen they need to handle the complex internal and businesses with identified potential for [email protected] external demands placed on them nowadays. growth, it should work as a ‘stepping stone’ Based on innovative development procedures for businesses who wish to prevent or remove Frans Bévort in 10 businesses, where managers uncover internal barriers for future organizational [email protected] both strategic management challenges and commercial growth. The businesses are and solutions (=good business practice) chosen in such a way that they are intended to Rikke Kristine Nielsen in collaboration with external consultants be representative – and show a large amount [email protected] and researchers, a ‘management GPS’ is of diversity with regard to branch, market, produced with a broad range of management geographic location, technology, employee Henrik Holt Larsen tools which can also be used by other profile etc. It is also crucial that businesses [email protected] businesses. The catalogue of management cover a wide range of management challenges tools – together with an easy-to-understand, uncovered in the literature or through the Thomas Duus Henriksen practitioner-friendly overview of central, preliminary explorative company interviews. Aalborg Universitet current management research in the area –

THE ETHNOGRAPHY OF MARKETS collective concerns (e.g. algorithms designed This project will set a new network between AFTER MARKET DESIGN to allocate school vacancies, or carbon trade two groups of researchers, The Copenhagen to deal with pollution). Market design Markets and Valuation cluster, located at importantly modifies our understanding Copenhagen Business School, and The The focus of this collaboration is market of markets. Until a few years ago, markets Research Center for Culture and Economy, design. Market design is a relatively recent were mostly understood as spontaneous located at the Federal University of Rio de and not yet well-understood set of practices encounters between supply and demand. Janeiro. increasingly influencing business and policy Conversely, organization and regulation making worldwide. Market design refers to were considered possible barriers to markets. Christian Frankel the practice of tailoring markets to specific Market design flips this view; organization [email protected] business interests (e.g. how AirBnB or Uber and regulation become part of the tools used strategically manipulate the matching of to design and implement markets to deal José Ossandón suppliers and users) or to solve matters of with private and social concerns. [email protected] 62 SECTION SIX RESEARCH

ERHVERVSPH.D. (BUSINESS PHD) Copenhagen Business School and Centre for innovation amongst public organisations?” Public Innovation. The project will discuss “Which organizational relationships create The project is carried out as a PhD project Signe Vikkelsø good conditions for creating and spreading co financed by the Institute for Organisation, [email protected] ELITEFORSK TRAVEL SCHOLARSHIP and Organisation Studies and an expert own research topic on id-related problems MASTER 2018 in central areas of Jannick’s PhD, such concerning diversity, as queer studies, feminism, activism and inclusion and (in)equality, alternative organisation. The research stay alongside Professor Nick As part of creating a strong international was planned to take place in Summer 2018 Rumens, University of collaboration, Jannick planned a long-term in connection with the “10th Biennial Portsmouth, UK, and Dr research stay (3-6 months) at Macquarie International Interdisciplinary Conference” Anna Einarsdóttir, University University in Sydney, Australia. The research for the academic journal “Gender, Work of York, UK, as well as stay was confirmed in advance by Professor and Organization”, where Alison Pullen presenting his own research. Alison Pullen and therefore only required is chief editor. The conference is held in financing from the scholarship. 2018 at Macquarie University, arranged by Jannick Friis Christensen Alison Pullen. Jannick was co-chair of his [email protected] Alison Pullen is Professor of Management GOVERNANCE, CO-PRODUCTION AND lives (so-called collaborative/co-production carried out in three shelters – in particular: VULNERABILITY initiatives). how these attempts are related to the economic, legislative and NPM strategies There is only a small amount of international which also frame the meeting. By and large, all work in the welfare sector research and no national research about involves a meeting between citizens and how this intensified focus on equality and Homeless people are chosen due to the fact staff within the welfare system. Since the responsibility of citizens relates to other that they represent a vulnerable group which 1990s, new policies have been developed by meeting conditions such as economics, challenges the goal of co-creation. The project both politicians and practitioners regulating legislation and NPM. examines the network meetings of homeless how citizens and staff should ‘behave’ in people with municipality officials, as well as these meetings. The aim has been for staff This limited research shows that co-creation with the shelters they stay at, to move away from a hierarchical, top-down creates particular challenges in relation as the hypothesis is that these approach in interacting with citizens, to a to vulnerable citizens, as they are often three groups have different more collaborative, co-creative, bottom- incapable of making suitable choices or agendas for the meeting. up approach, with a focus on an equal expressing themselves in the way staff would relationship. The goal is for citizens to like. This project explores how attempts to Nanna Mik-Meyer contribute actively with their requests and make homeless people more responsible are [email protected] learn how to make decisions in their own

ORGANISING LABOUR MARKET market integration of refugees and other 1) historical and contemporary sites of INTEGRATION OF IMMIGRANTS: immigrants work in everyday practice: integration; 2) the role of the private sector how they are made sense of by integrators in integration; 3) the role of community THEORY AND PRACTICE and by the immigrants, and how they are embedded initiatives and active citizenship, organised with the help of a variety of ideas, 4) the role of the public sector in integration, This multidisciplinary research programme people, objects and activities. We shall use a and 5) the complications and opportunities aims to investigate labour market integration multi-method approach to reveal as many as of connecting integration initiatives directed at immigrants, from the possible different aspects of the integration activities across sites. perspective of contemporary organisation phenomenon in the context of migration. A theory. The project has its roots in practice- combination of ethnographic, quantitative based approaches to labour market and historical methods will be applied to integration. Thus, its aim is to study how study the labour market integration of Ester Barinaga initiatives intended to support labour immigrants in five work packages, covering: [email protected]

THE TRANSNATIONAL CONSTRUCTION through the EU, is often portrayed by grant from the European OF EUROPEAN WELFARE STATES: academic scholars, mass media and Research Council, will politicians as representing a threat to the develop an alternative and FROM THE MARSHALL PLAN TO THE welfare state and nationally-organised labour more nuanced perspective. TROIKA market regimes. This ambitious book, which will be the culmination of more than six Poul F. Kjær Globalisation and increased international years of research, originally initiated by a [email protected] integration, most notably, but not exclusively, SECTION SIX RESEARCH 63 WHEN PUBLIC AND VOLUNTARY This research project will therefore focus new opportunities to be volunteers, and the BARRIERS ARE BROKEN on collaborative projects which are not public sector can use the same experimental involved in defining clear and unambiguous approach to explore what it means to be a boundaries between which assignments and public institution or public sector employee. For many years, the municipality and the responsibilities belong to the volunteer sector In this way, the research project will focus on volunteer sector have maintained a stiff and and which belong to the public sector. The describing the experience gained from such inflexible way of working with each other, project will instead examine what happens co-creation projects, and which qualities they which makes it more difficult for them to when neither sector limits themselves by have for resulting welfare. explore their opportunities for developing conforming to a specific role, and instead new ways of collaborating where they can choose to work on finding out new ways Anders la Cour challenge each other’s traditional roles. in which the volunteer sector can discover [email protected] MANAGERS, WORK COMMUNITIES, from the individual to the relational, and the fact that managers should take special KEY TASKS AND STRESS by learning to understand the patterns of responsibility, alongside including employees how people relate to each other – with the in decision making. goal of increasing competencies – by taking The goal of the project is to develop and test point of departure in new research, which Pernille Steen Pedersen new communication and learning tools for describes shame as a new problem in the [email protected] preventing stress-related sick leave. These work environment in relation to stress- tools take a point of departure in Pernille related sick leave. There will be a special focus Charlotte Biil Steen Pedersen’s research. The project takes on supporting work partnerships, as well as [email protected] a completely new approach by shifting focus

GLOBAL MOBILITY OF EMPLOYEES immigrants are below those of natives and phenomenon and its implications (success (GLOMO) overqualification, i.e. employment below factors, effects and added value); (b) provide skill levels, is widespread in most European trainings to (further) develop early-stage Promoting labour mobility across Europe is a countries. Consequently, the growth and senior researchers understanding the central objective of the Europe 2020 Strategy potential of immigrants is far from realised. complex multidisciplinary phenomenon of and it aims to tackle increasing labour and Little is known about transnational mobility mobility, and (c) suggest relevant implications skill shortages in the EU. Cross-border labour patterns and the length of migration episodes for individuals, organisations, the European mobility is expected to benefit both individual as well as about retention processes of foreign societies and economies. The joint research citizens, employers and the aggregate employees. There is considerable scope to and training programme economy. In addition, intra-EU mobility make existing labour mobility more efficient will be conducted within is a means to foster European integration. and beneficial for all parties involved. an interdisciplinary and Although migration into OECD countries GLOMO’s focus is on global mobility into EU intersectoral network of increases, driven largely by people moving countries and within the EU and its impact experts in the field. within the EU, migration into and within on careers. The policy making white papers Europe is still short of target levels. Despite and research suggest that the future Europe Mette Zølner a favourable legal framework for mobility, will witness even higher and more natural [email protected] migrants still face a wide range of problems mobility. To assure that Europe is ready for and obstacles that hamper cross-border it, our objectives are (a) to systematically glomo.eu/project labour mobility. Employment prospects for generate knowledge about the mobility

MAKE WORKS strong networks and knowledge transfer and Kirsti Reitan Andersen support sustainable innovation in products [email protected] and processes. This project will match Nordic manufactures This will release resources and create value with brands, focusing on SMEs within the central to successful entry/presence at the textile and fashion industry. Producing international market. locally will strengthen brand value, build

SMART BUILDINGS AND CITIES in the Internet of Things (IoT). It addresses Cities” alongside 7 PhDs and one other BUSINESS MODEL INNOVATION the need for business model innovation postdoc. in coordinated consultation with both the service provider and the people living and Lara Hale The project seeks to facilitate business model working in smart buildings. [email protected] innovation, shifting from focus on physical product to human-centred building services. The project is sponsored by VELUX, Andreas It aims to connect the building industry’s supported by Realdania, and is part of a Rasche business concerns around sustainability, research cluster on “Smart Buildings and [email protected] digitization, and human-oriented building 64 SECTION SIX RESEARCH

COMMUNITY HEALTH INNOVATION: non-profit organisations. At least two through cross-sector partnerships. PLATFORM DEVELOPMENT AND NEW interventions linked to diagnoses (diabetes) MODELS FOR PREVENTIVE CARE and age (65+) will be tested during the Esben Rahbek Gjerdrum project. New online technologies to track Pedersen (PRE+CARE) participant behaviors and outcomes will [email protected] also be developed to further strengthen The objective of this project is to develop the platform. The platform and supportive Kirsti Reitan Andersen a community health data platform in technologies will also provide input to a [email protected] Odsherred based on local, regional and new financial model emphasizing outcomes national databases. Predictive analytics will rather than outputs. The project’s unique Per Østergaard Jacobsen subsequently be applied to identity ‘high risk’ combination of technology, intervention, [email protected] and ‘rising risk’ citizens who will be offered finance, and communication will create value participation in interventions involving by improving community health, lowering Angeli Weller public authorities, private companies and public costs, and fostering innovation [email protected]

GOVERNING COLLABORATION: THE Interactions (CSSI 2018)”. The event brought within cross-sector interaction and 6TH BIENNIAL INTERNATIONAL together researchers and practitioners in an cooperation. SYMPOSIUM ON CROSS-SECTOR attempt to create understanding for how the business world, the government and civil Esben SOCIAL INTERACTIONS society can integrate in order to be able to Rahbek handle societal challenges such as climate Gjerdrum From the 10-12th June 2018, CBS hosted change, immigration, social exclusion and Pedersen the conference “6th Biennial International poverty better. The event served as a meeting ergp.msc@ Symposium on Cross-Sector Social for the rapidly growing research community cbs.dk

REDUCING THE DROPOUT RATE FROM who are more permanently disconnected with the Rockwool foundation and several VOCATIONAL SCHOOLS from both educational institutions and different vocational schools, where we aim the labour market – a group which costs to reduce the dropout rate from vocational the Danish welfare state up to DKK 15 schools, and hence increase the proportion Up to 20 percent of students entering upper million annually. Vocational schools have of young people who obtain secondary education in Denmark do not the lowest completion rates of all Danish a qualifying education. complete their education. This has great upper-secondary level institutions and there significance for their future relationship is a large – and costly - number of shifts to the labour market. Young people who between the different types of educational Fane Naja have dropped out of vocational schools tracks, (DI, UU & AE, 2016). Groes are at a particularly high risk of ending up This research project is a joint collaboration [email protected] among the eight per cent of an age cohort,

THE FIRM IN THE INFORMAL to the study of theoretical contributions or organizations. ECONOMY aggregate data due to challenges of collecting 2) As the costs of bureaucracy and structural firm-level data.Through the collection of forces prevent firms in the informal economy rich qualitative and quantitative firm level to grow and prosper, our understanding of A defining feature of most developing data in selected industry clusters in Sub- their performance contingencies is obsolete. economies is the vast presence of firms Saharan Africa, this project will pursue two I will investigate the relationship between operating in the informal economy. Not interrelated objectives: different modes of organizational structure only are these firms important drivers of 1) A long strand of organizational theory and coordination in the informal economy economic growth, but they also provide suggests firms must structure their and a range of financial and non financial an important safety net for people living organizations in ways that match the external performance measures. in desperate poverty. However, the lack of environment to operate effectively. However, In sum, this project will strive toward formal institutional support and protection this research departs from the existence of scholarly excellence and impact by constitute serious obstacles for their the formal firm. In contexts where firms are introducing the role of organization for firms prosperity and calls into question how deprived of formal institutional support, in the informal economy. informal firms structure their organizations it is not clear how firms organize. I will to overcome the inherent challenges of confront theory with data and explore the Marcus Møller Larsen informality. State-of-the-art research on the ways in which these firms structure their [email protected] informal economy has mostly been limited SECTION SIX RESEARCH 65 SUSTAINABLE LIFESTYLES IN THE promising avenue could be to intertwine planned network activities will explore how 21ST CENTURY sustainable consumption with other to tackle the present and existing global challenges such as public future global challenges of health. Current consumption patterns are sustainable consumption The network activities centre on the related to public health challenges such and identify pressing key theme of sustainable consumption and its as the increasing prevalence of obesity. research questions. global challenges of the 21st century. One Hence, framing sustainable consumption important challenge is to introduce and keep as a public health challenge could be one Wencke Gwozdz sustainable consumption on the political promising avenue for future research. The [email protected] agenda to induce long-term changes. One

THE IMPORTANCE OF MANAGEMENT considerable Danish exports as a result – e.g. relationship between management, corporate FOR BUSINESS SUCCESS IN Vestas’ Lake Turkana project in Kenya. governance, and the abilities of daughter IFU has created a large agricultural fund, companies to create results in the form of DEVELOPING COUNTRIES and A.P. Møller have just created their ‘Africa export and revenue. Infrastructure Fund’. Knowledge of the It is well known that there is a connection African markets is limited in Denmark. CBS Michael W. Hansen between export and investing in daughter work therefore on investigating important [email protected] companies abroad (Foreign Direct factors for the success (or failure) of Danish Investment (FDI)). Danish business life is companies when operating in developing Bo Bernhard becoming increasingly oriented towards countries – be it export, partnerships, or FDI. Nielsen developing countries, and large investments The goal of this project is to investigate the [email protected] are being made in Africa in recent years with

BOARD OF DIRECTOR INTERACTION Although earlier studies have tried to explain topic with a lack of established knowledge, AND FEMALE BOARD MEMBERS the influence of the number of female board and where the chief aim is to observe members on results, there are few studies processes and not to test hypotheses. The which have looked at the meaning of female project will lead to at least one academic The main goal of the research project board members for the dynamics of the article as well as engagement is to promote theoretical and practical board of directors. with the Danish business understanding of the role of female board world around the results of members. The project illustrates interactions In order to gain an insight into the dynamics the project. within boards of directors and specifically of the board of directors, we are carrying out how women influence these interactions, as out a qualitative inductive study. This is a Louise Mors well as how decision making is influenced method used regularly when researching a [email protected] if there are multiple female board members.

CO-FINANCED POST.DOC. KRISTIAN (Choi & Gray 2008). The emergence of is no positive connection between for ROED NIELSEN crowdfunding could, however, signal a shift example environmental orientation and in financing opportunities for these small crowdfunding success (Hörisch 2015). The sustainable innovators, brought on by a Post.Doc, therefore, proposes, with a mix of Sustainable entrepreneurs and small start- shift in prospective financiers of innovation methods, to explore the antecedents of both ups face a myriad of challenges in terms of from professional investors to ordinary successful and unsuccessful crowdfunding pursuing their sustainably-oriented ventures, citizens (i.e. crowdfunders) (Mollick 2014). campaigns in efforts to better understand the not least the locked-in nature of the current Especially since the early literature on motivations of crowdfunders to invest in a regime which they inhabit and intend to crowdfunding has found that rather than project. This is in order to examine what, if change; as they often go against existing focusing on economic gains and feasibilities, any, potential role the “crowd” could have in user and industrial practices, regulation, the crowdfunders put much more emphasis driving, financing and enabling sustainable infrastructure and symbolic meanings on the core values and legitimacy of a project entrepreneurship and innovation. (Unruh 2000; Geels 2002). These lock-ins (Lehner & Nicholls 2014). This leads some consequently also translate into constrained scholars to suggest that crowdfunders are Lucia Reisch funding opportunities for these “niche more likely to invest in sustainable ventures [email protected] innovators”, especially in the early “seed (see Lehner 2013; Calic & Mosakowski 2016; funding” stage as they are often perceived Vassallo 2016) others, however, question Kristian Roed Nielsen as a less attractive investment compared this contention instead noting that there [email protected] to traditional entrepreneurial ventures 66 SECTION SEVEN OBJECTIVES AND KPIS SECTION SEVEN OBJECTIVES AND KPIS 67 UN GLOBAL COMPACT MEASURING OUTCOMES Academic institutions play an important role in shaping future business leaders and educating them about responsible, sustainable management and leadership. Here are some ways in which we support the UN Global Compact. Conducting applied research and thought leadership to advance best practices Although analysis of our research published by CBS in 2017 and 18 did not specifically include research related to the 10 Global Compact Principles, we can confirm that we published 167 articles related to the six Global Compact-backed PRME Principles. Additionally, our RME survey aims to make it easier to pinpoint how students change their attitudes to PRME, and hopefully encourage promotion of PRME in CBS and other universities in the 1 future. Promoting the UN Global Compact Ten Principles and educating a variety of audiences about sustainability Our Students for the Global Goals events in 2018 and 2019 are created around the 17 Sustainable Development Goals - an important goal of the UN Global Compact. Through these events we also promote the topics covered in the Global Compact principles, as they are directly addressed in the SDGs. Our SDG taskforce established in 2018 is also playing an important role in further implementing and promoting the SDGs at CBS. Furthermore, CBS offers 2 a wide range of courses within sustainability and responsible management education.

Supporting UN Global Compact business participants in implementing and reporting on their sustainability effort We support our colleagues at CBS as well as our partners in business in implementing and reporting on their sustainability efforts through collecting information for our Responsible Management reports, published every two years. This benefits both CBS PRME, as well as our colleagues and partners in business, not only to report their sustainability effort, but also serves as a regular reminder of the focus on sustainability and responsible 3 management here at CBS. Lending capacity to Global Compact Local Networks Some of our projects within the last two years have been in collaboration with Global Compact Network Denmark - for example, the new Sustainability Influencers initiative, in partnership with Global Compact Network Denmark. Additionally, one of our new Adjunct Professors appointed this year, Torben Möger Pedersen is a member of the 4 UN Global Compact's Financial Innovation Action Platform.

PRME Membership During the last decade, CBS have been members of PRME. We are also proud to be PRME Champions and to be 5 further supporting the UN Global Compact by promoting Responsible Management Education here at CBS. 68 SECTION SEVEN OBJECTIVES AND KPIS 2017 OBJECTIVES in the last SIP report in 2017, we set ourselves five targets for this year. This section will discuss these targets, to what extent we have achieved them, as well as our targets for 2021. 2017 Objective met? Student Activities CBS wanted to provide greater collaboration and support for student organizations and activities such as Diversity Day, Green Week, Model United Nations (MUN) and oikos, as well as launching a new project to raise awareness about sustainability and the Sustainable Development Goals (SDGs). We have achieved this objective. There are now even more student organisations at CBS related to Responsible Management Education, and our Students for the Global Goals event was a great success, due to continue in 2019. See pages 36-39 for details. In full

PRME Research Hub CBS wanted to create a research base for external PRME faculty, researchers and administrators allowing them to have visiting positions for two or four weeks within the CBS Office of Responsible Management Education. We are currently working together with Business and Development Studies at CBS to co-create cases for an African market, and we have visits planned from two PhD students later in 2018. Additionally, we recently hosted Dr. Anne-Karen Hüske, Scientific Management Director at PRISMA - Centre for Sustainability Assessment and In full Policy, TU Dresden.

Survey on PRME Attitudes among CBS Students CBS wanted to investigate and understand how students change their attitudes, norms, self-efficacy and intentions during their studies, by following students during the course of their studies to identify changes in these areas. This survey is not yet complete, but we are still in the progress of collecting data from students and plan to reach out to more universities in the future to enable us to collect benchmark data between different PRME schools. More information on our progress is available on page 32. Partly

Curriculum Development Project CBS planned to extend its Curriculum Development Project to 36 master level study programmes by 2018. As for now, data from students has been collected for two programs: Master of Science in Business Administration and Philosophy - Cand. merc (fil) and Business Administration and Psychology - Cand. merc. (psyk). The aim for 2019 is to have data collected for 50 per cent of the CBS master programmes and all Master programmes represented by 2020. See pages 17-19 for more details. Partly

Review of PRME-Related Competency Profiles CBS planned to ask firms recruiting from CBS to reflect on what competencies they seek in graduates, and share the findings with study boards, allowing them to reflect on their current competency profiles. This project has been incorporated into a larger project by the Dean of Education researching competencies of graduates more broadly. Partly SECTION SEVEN OBJECTIVES AND KPIS 69 2021 OBJECTIVES Copenhagen Business School proposes the following objectives for 2021, to signal our intention to uphold our leading role among PRME signatories.

Responsible Management Teaching Materials We intend to further expand and develop responsible management and/or SDG related teaching materials through the creation and co-creation of mini case studies and teaching notes, video case studies and blended learning. The purpose is to produce high-quality materials that are easily accessible to CBS faculty which can be used alone 1 or in combination with other materials. External Engagement with PRME Champions Group Our goal is to reach out further and deeper within the Champions Group and to develop greater ties to our partners there. Our aim is to co-create projects, lend support, share learnings or join ongoing projects. Our aim is to help strengthen not only the ties and activities of our group but also to promote these and embed best practices into CBS. We are also aiming to bring in more African institutions to the PRME community together with colleagues 2 from CBS’ Business and Development Group.

Strengthened Ties with Nordic Partners We would like to strengthen ties to academic institution within the Nordic region by reaching out to not only our Nordic partners within the Champions community but also signatories from other business institutions and universities. We would like to create greater collaboration opportunities and build on our Nordic perspective and 3 knowledge to help foster greater teaching and learnings from a Scandinavian perspective. Further Develop Student Engagement We are aiming to further develop student engagement with the goal of driving awareness and action in addressing the SDGs. The goal is to institutionalize certain events such as the Students for the Global Goals, first launched in 2018, and aim to move such events from driving awareness to ultimately creating action. For already institutionalized events such as Responsibility Day, we want to build on the day, creating more attention and greater buy-in from 4 faculty and students beyond the event itself.

PRME Related Research Our goal is to further our research work on responsible management education, to pinpoint what kind of new competencies are required to address current and future global challenges. We will take stock of research to date 5 and build upon this through ongoing research at CBS, the PRME community and beyond. 70 SECTION SEVEN OBJECTIVES AND KPIS UPDATES ON KPIS In 2017 Copenhagen Business School proposed the following KPIs for 2017 and 2018. Here we have provided an update on the KPIs, with an explana- tion of our progress.

SIP Report Submission We set ourselves the objective of submtting our fourth SIP report in 2017. Our fourth report was completed in February 2017 and this Responsible Management Report, published in 2019, is our fifth. We aim to publish our sixth PRME report in 2021.

Responsibility Day and Curriculum Development We set ourselves the goal of initiating Curriculum Development in 18 master programmes, as well as welcoming at least 2,200 participants to Responsibility Day in 2017 and 2018. We had over 2,300 participants at Responsibility Day in 2018. Unfortunately, we have unreliable data for 2017, but we estimate that we had over 2,200 participants. We are initiating Curriculum Development in two master programmes, this was delayed due to changes in leadership and strategy. Due to this delay we have decided not to set a goal for Curriculum Development in 2021.

Case Writing Initiative, PRME for External Faculty and Internal Faculty Training We aimed to publish 2 cases in our case writing initiative, have 5 participants in our PRME programme for external faculty, as well as training 5 internal faculty members. We published one case and have seven in progress. We had nine participants in our external faculty programme. In our internal faculty training programme, we had eight participants in 2017 and five in 2018. The external and internal faculty programmes are now on hold, so we have not set a goal for them in 2021.

Research We planned to publish at least 111 articles related to responsible management in 2017, and the same in 2018. In 2017 we published 167 articles related to responsible management. CBS' articles pubished in 2018 are not yet available for analysis, so they will be covered in the next report.

Sustainability Alumni Network We aimed to increase our Sustainability Alumni Network to 530 in 2017 and 560 in 2018. Unfortunately, Sustainability Alumni Network membership has decreased from 508 to 503, so our new target is 530 members for 2019. SECTION SEVEN OBJECTIVES AND KPIS 71 NEW KPIS We have decided to build on our KPIs from the last SIP report, alongside adding four new KPIs to better reflect the changing direction of PRME at CBS.

Students for the Global Goals After the success of our inaugural Students for the Global Goals event in 2018 with 1,800 attendees, we would like to see at least 1,900 attendees at our next event in April 2019.

Case Writing Initiative and PRME/SDG-Related Teaching Materials We aim to publish at least 10 cases in our case writing initiative in 2021. To reflect our new objective of developing responsible management education and/or SDG-related teaching materials, we aim to have created 3 items by 2021.

Research By 2021, we aim to have published at least 175 articles related to responsible management.

Sustainability Alumni Network and Co-Developed Projects Sustainability Alumni Network membership is currently 503. Our new target for 2021 is 530 members for 2019. We also aim to have participated in at least two co-developed projects by 2021: one co-developed project and one co-collaboration on an accounting module as part of PRME Champions Carbon Literacy Training for Business Schools.

Debates In 2017, none of our KPIs addressed Principle 6. To rectify this, we have set ourselves the goal of hosting at least two debates by 2021. 72 Department of International Esben Rahbek Gjerdrum Pedersen Economics, Government and ...... 25, 26, 64 Fabian Csaba...... 24 Business (EGB) Friederike Schultz...... 26 Alice Guerra...... 57 Hans Krause Hansen...... 26, 27 DEPARTMENTS Alison Emma Holm...... 53 Henrik Gundelach...... 53 Björn Preuss...... 24 Department of Accounting and Jan Michael Bauer...... 26 Carina Antonia Hallin...... 60 Jens Gregersen...... 26 Auditing (ACC) Edward Ashbee...... 19 Jeremy Moon...... 24, 25, 26 Christian Plesner Rossing...... 25 Janine Leschke...... 24, 26 Jørgen Leif Stilling...... 24 Jeppe Christoffersen...... 56 Jens Gammelgaard...... 56 Karin Buhmann....24, 25, 26, 31, 35, 52 Johannes Mouritsen...... 25 Jinsun Bae...... 53 Kathrine Ravn Jørgensen...... 25 Jytte Grambo Larsen...... 24 Kirstine Dinesen...... 46 Kirsti Reitan Andersen...... 63, 64 Kim Klarskov Jeppesen...... 25, 26, 27 Kjeld Erik Brødsgaard...... 60 Kresten Jørgensen...... 24 Leif Christensen...... 25, 27 Mogens Kamp Justesen...... 24 Kristian Roed Nielsen...... 65 Melanie Lucia Feldhues...... 24 Niels Mygind...... 24 Kristjan Jespersen...... 13, 25, 26 Peter Skærbæk...... 25 Nis Høyrup Christensen...... 60 Lara Hale...... 63 Thomas Plenborg...... 56 Peter Gammeltoft...... 61 Lauren McCarthy...... 25 Thomas Riise Johansen...... 27 Thordis Bjartmarz...... 46 Lotte Thomsen...... 25, 26 Torben Juul Andersen...... 24, 60 Lucia Reisch...... 65 Department of Digitalization (DIGI) Vanya Rusinova...... 53 Luise Noring...... 25, 26 Attila Marton...... 54 Maria Figueroa...... 25, 26 Chee-Wee Tan...... 54 Department of Management, Mette Morsing...... 6 Constance Marie Dominique Remy.46 Politics and Philosophy (MPP) Mette Zølner...... 63 Michael Wendelboe Hansen. 26, 27, 65 Helle Zinner Henriksen...... 46, 56 Adriana Budeanu...... 24 Mikkel Flyverbom...... 25, 27 Jan Damsgaard...... 57 Alexander Carnera...... 26, 27 Minna Paunova...... 25, 26 Jonas Hedman...... 46 Anders la Cour...... 63 Paige Olmsted...... 26 Kim Normann Andersen...... 46, 56 Anders Sevelsted...... 57 Peter Lund-Thomsen...... 25, 26, 27 Mari-Klara Stein...... 27 Charlotte Biil...... 63 Robert Ibsen...... 24 Michel Avital...... 26 Ester Barinaga...... 25, 27, 62 Robert Strand...... 22 Ravi Vatrapu...... 24, 25, 26, 27 Florence Villeseche...... 24 Simon Ulrik Kragh...... 27 Torkil Clemmensen...... 46, 57 Ida Lunde Jørgensen...... 26 Stefano Ponte...... 26 Triin Pärnpuu...... 46 Lasse Peter Laursen...... 25, 27 Steffen Blaschke...... 26 Liv Egholm...... 54 Sudhanshu Rai...... 25, 26 Department of Economics (ECON) Max Schellmann...... 24 Tali Padan...... 24 Mette Nelund...... 53 Anders Sørensen...... 55 Thilde Langevang...... 25 Øjvind Larsen...... 26, 27 Battista Severgnini...... 24, 25 Viktor Smith...... 25 Pernille Steen Pedersen...... 63 Daniel Borowczyk-Martins...... 26 Wencke Gwozdz...... 65 Dario Pozzoli...... 59 Peter Holdt Christensen...... 27 Poul F. Kjær...... 62 David Jinkins...... 59 Department of Marketing (MARKTG) Dolores Romero Morales...... 25 Rikke Kristine Nielsen...... 61 Fane Naja Groes...... 55, 64 Sara Elsa Maj Dahlman...... 53 Adam Lindgreen...... 52 Herdis Steingrimsdottir...... 26 Francois Maon...... 52 Marcus Asplund...... 25, 59 Department of Management, Hanne Pico Larsen...... 25, 27 Mathias Fjællegaard Jensen...... 53 Society and Communication (MSC) Jeanette Rasmussen...... 25, 27 Moira K. Daly...... 55 Jesper Clement...... 26 Andreas Rasche...... 21, 24, 63 Marcus Schmidt...... 25 Peter Bogetoft...... 55 Andrew Crabtree...... 25, 26 Tróndur Møller Sandoy...... 53 Per Østergaard Jacobsen...... 64 Anestis Keremis...... 53 Richard Jones...... 25, 26 Angeli Weller...... 64 Department of Finance (FI) Sönnich Dahl Sönnichsen...... 53 Anna Kirkebæk Gosovic...... 53 Stefan Markovic...... 25, 26 Alice Heegaard Klynge...... 58 Anne Granly Vestergaard...... 25 Bjarne Florentsen...... 24 Anne-Karen Hüske...... 68 Department of Operations Management Carsten Sørensen...... 26 Anne Marie Bülow...... 26 (OM) Claus Parum...... 25 Anne Vestergaard...... 26 David Lando...... 55 Charles Tackney...... 26 Britta Gammelgaard...... 25, 27 Gyuri Venter...... 58 Christina Garsten...... 25 Cristiana Parisi...... 25, 26 Henrik Ramlau-Hansen...... 25 Daniel Hardt...... 24 Günter Prockl...... 27 Ken L. Bechmann...... 58 Dennis Schoeneborn...... 25, 26 Leonardo Santiago...... 61 Paul Whelan...... 58 Eric Guthey...... 27 Tamas Vamosi...... 25 Erin Leitheiser...... 53 Trine Holck Grundahl...... 53 73 Victor Lund...... 24 Sara Høgh-Nielsen...... 46 Carolina Moreira Mariotto...... 3, 8 Søren Friis Hansen...... 24 Caroline Aggestam Pontoppidan Department of Organization (IOA) Vishv Priya Kohli...... 53 ...... 3, 4, 5, 6, 7, 8, 14 Antje Vetterlein...... 24 Elizabeth Petit González...... 8 Brooke Harrington...... 57 OTHER ENTITIES Emilie Jallov-Haag...... 8, 29 Christian Frankel...... 61 Felix Wittke...... 8 Franz Buchmann...... 8 Frans Bévort...... 61 Adjunct Professors Henrik Holt Larsen...... 61 Grace Livingstone...... 3, 8, Jane Bjørn Vedel...... 55 Anne-Marie Skov...... 45 Isabel Kannegiesser...... 8 Jannick Friis Christensen...... 62 Bjarke Møller...... 45 Jacob Schjødt...... 8 Joachim Delventhal...... 53 Henrik Rothe...... 45 Kai Hockerts...... 3, 5, 6, 8, 22, 25, 26, 48 José Ossandón...... 61 Lars Rebien Sørensen...... 45 Lavinia Iosif-Lazar...... 5, 6, 8, 17, 18 Katrine Maria Lumbye...... 53 Lauge Stetting...... 45 Lene Mette Sørensen...... 6 Lasse Bundgaard...... 53 Michael Beverland...... 45 Liza Dava...... 3, 8, 15 Lasse Folke Henriksen...... 27 Søren Bjerre Nielsen...... 45 Louise Thomsen....5, 6, 8, 20, 43, 44, 49 Lotte Holck...... 25, 26 Torben Möger Pedersen...... 45, 67 Malene Mølgaard Christensen...3, 8, 36 Mette Mogensen...... 61 Malou Sophie Celander...... 8 Morten Ougaard...... 24 Affiliates Maria Paola Calasso...... 8 Nanna Mik-Meyer...... 52, 62 António Guterres...... 9 Marie Koustrup Frandsen...... 6 Sara Louise Muhr...... 24, 25, 27 Camilla Brückner...... 36 Martiina Srkoc...... 2, 5, 6, 8 Sean Rehn...... 47 Carina Hallqvist...... 46 Mia Lotte Hauff...... 8 Signe Vikkelsø...... 61, 62 Carl Erik Moe...... 46 Rebecca Waterton...... 2, 8 Susana Borras...... 24 Cécile Brokelind...... 46 Sidsel Bjørnseth...... 8 Trine Pallesen...... 25, 26 Clive Baxter...... 46 Tina Erfani...... 3, 8, 33 Daniel N. Shaviro...... 46 Department of Strategy and Elin Wihlborg...... 46 Campus Services Innovation (SI) Erlend Trengereid...... 46 Tore Klitgaard...... 13 Eva Söderström...... 46 Asma Fattoum...... 25 Fredrik Söderström...... 46 Center for Corporate Governance Bo Bernhard Nielsen...... 65 Gareth Garvey...... 36 Christian Erik Kampmann...... 26 Hannes Göbel...... 46 Georg Ringe...... 25, 26 Christoph Grimpe...... 58 Ida Lindgren...... 46 Lars Christian Ohnemus...... 56 Finn Valentin...... 60 Ingrid Reumert...... 36 Steen Thomsen...... 25, 56 H.C. Kongsted...... 25, 26 Isabel Berwick...... 21 Thomas Poulsen...... 27 Henrik Sornn-Friese...... 61 Jeppe Agger Nielsen...... 46 Louise Mors...... 65 Jeremy Rose...... 46 Senior Management Marcus Møller Larsen...... 64 Jesper Holgersson...... 46 Gregor Halff...... 3, 4, 5, 21, 41 Marion Poetz...... 58, 59 Joëlle Vanhamme...... 52 Nikolaj Malschow-Møller...... 4 Mirjam Van Praag...... 25 Jonas Eder-Hansen...... 6 Per Holten-Andersen...... 3, 4, 41 Morten Skov-Carlsen...... 26 Julia Larsson...... 46 Søren Hvidkjær...... 4 Orsola Garofalo...... 25, 27, 57 Kirsten Brosbøl...... 44 Peter Ørberg Jensen...... 26, 27 Lars Koch...... 36 Student Organizations René Taudal Poulsen...... 19, 25 Margrethe Vestager...... 29 180 Degrees Consulting Copenhagen.39 Thomas Roslyng Olesen...... 24, 27 Mariana S. Gustafsson...... 46 Valentina Tartari...... 27 CBS Blockchain Society...... 36, 39 Mette Reissmann...... 37 CBS Building Tomorrow...... 38 Mogens Lykketoft...... 36 Law Department (LAW) CBS Climate Club...... 39 Peter Pruzan...... 6 CBS Diversity and Inclusion...... 38 Andrej Savin...... 25 Rebecca Mardon...... 52 CBS Feminist Society...... 38 Cecilie Fanøe Petersen...... 24 Sara Krüger Falk...... 44 CBS Model United Nations...... 39 Christina D. Tvarnø...... 25, 59 Simon Zadek...... 6 CBS Students Henrik Andersen...... 24 Stefan Cronholm...... 46 Djanour Issilam...... 29 Henrik Lando...... 26 Susanne Stormer...... 36 Nima Tisdall...... 29, 33 Jan Trzaskowski...... 25, 26 Thomas Duus Henriksen...... 61 CBS Volunteering...... 38 Kalle Johannes Rose...... 26 Tuborg Foundation...... 44, 45 DANSIC...... 38 Kathrine Søs Jacobsen...... 59 Ulf Melin...... 46 Female Invest...... 38 Louise Fjord Kjærsgaard...... 53 VELUX...... 43, 45, 63 oikos...... 20, 36, 39, 44, 68 Marie-Louise Holle...... 26 One CBS...... 39 Michael Tell...... 46 CBS PRME Office Student & Innovation House.20, 36, 44 Patrik Lindskoug...... 25 Aafke Diepeveen...... 8 Andreas Aasted Gjede...... 44 Ruth Nielsen...... 26 Amelie Többen...... 8 Sarah Maria Denta...... 24 CBS Office of Responsible Management Education Department of Management, Society & Communication Dalgas Have 15, 2C office 008 Copenhagen Business School 2000 Frederiksberg Denmark [email protected] @cbsprme