IPADE Business School has recently become the only Mexican business school featured in the Positive Impact Rating (PIR) by earning the “transforming school” rating (level 4 out of 5). PIR is the only existing rating that assesses the capacity of business schools to create a positive impact in the world.
PIR assesses the capacity of business schools to create a positive impact in the world through their contribution to social well-being and their commitment to corporate responsibility. It recognizes institutions that demonstrably have a positive impact culture, governance, and systems, delivering tangible outcomes across a range of social impact dimensions.
The recognition is earned based on an ongoing commitment to responsible business education and to the development of ethical leaders in business. IPADE has become the only Mexican business school to be featured in the global ranking.
Schools are assessed in three different impact areas:
1.Energizing: comprising the dimensions of Governance and Culture. This area enables and encourages business schools to effectively seek, and eventually create, a positive impact. In this area, IPADE earned a score of 8.1.
2.Educating: comprising 3 dimensions, Programs, Learning Methods, and Student Support. This area represents a core function of the impact made by the business school. Preparing students to become responsible leaders in business and society. In this area, IPADE earned a score of 8.
3.Engaging: comprising “Institution as a role model” and “Public engagement.” This area reflects the need for business schools not only to earn the trust of students and society but also to demonstrate commitment as a respected public citizen. In this area, IPADE earned a score of 7.2.
The surveyed participants and alumni answered questions including: whether their school’s strategy and culture are effective in creating a positive impact in business management, with IPADE earning a score of 8.8; whether their curriculum provides knowledge and develops skills to create a positive impact in business management, with IPADE scoring 8.9; and whether students receive support to actively engage in business management, with IPADE scoring 8.7.
Ana Cristina Dahik Loor, Director of IPADE’s Research Center on Social Responsibility (CIRES) and professor of the Political and Social Environment Department, emphasized the importance of PIR in assessing how business schools are contributing to social impact and energizing their culture,