INSEAD Alumni Launch First Annual "Business as a Force for Good" Award

TORONTO, Nov. 26, 2018 /CNW/ - Through its alumni, INSEAD, the Financial Times' top ranked MBA program in the world for two consecutive years, is launching Canada's first ever "Business as a Force for Good" Award.

The award reflects the original vision of INSEAD, founded almost 60 years ago in France, for a new kind of educational institution that unites people, embraces diversity and leverages business to promote good.

The five top winning enterprises will be revealed at a gala dinner in Toronto on November 29 at Arcadian Court. The event is being hosted by the INSEAD National Alumni Association Canada and the INSEAD Alumni Fund.

INSEAD was conceived in the years following the Second World War. Its founder Georges Doriot envisioned an institution that could make a meaningful contribution to society through responsible business practices. His vision was realized as the School has grown in stature over the past few decades and in 2016 and 2017 INSEAD was ranked the #1 MBA program by the prestigious Financial Times.

This annual award builds on those values and beliefs by recognizing Canadian businesses that have demonstrated, through their actions and practices, leadership that embodies "Business as a Force for Good."

President of the INSEAD National Alumni Association Canada, Magali Depras IEP'07J and IDP'14S, says that, "Canada is a leader in responsible business practices and INSEAD alumni are often at the helm of companies making positive contributions to society, both in Canada and around the world. We are proud to have so many Canadian companies leading the way forward and showing the world that there are better ways to do business – and deliver value to communities and societies."

The nominated companies, and eventual winners in five categories, will be judged on their vision, mission statement, and ability to achieve strong results while delivering meaningful societal impact.

INSEAD's international alumni include captains of industry, political leaders, authors and academics. With about 1,000 of those in Canada, INSEAD's presence in the country is strong and continues to grow.

Ilian Mihov, Dean of INSEAD, will speak about the INSEAD Global Campaign focused on Business as a Force for Good and Business in Society, and present the award to the winning business.

Twenty companies - among them, Bullfrog Power and Telus - have been nominated for the Business as a Force for Good Award and of them, five will be chosen to present and make their case at the gala event. These five will include a start-up, SME, corporation, not-for-profit, and best CSR Practice.

For more information about INSEAD's "Business as a Force for Good" award, click here.

ABOUT INSEAD

As one of the world's leading and largest graduate business schools, INSEAD brings together people, cultures and ideas to develop responsible leaders who transform business and society. A global perspective and cultural diversity are reflected in all aspects of its research and teaching.

With campuses in Europe (France), Asia (Singapore) and the Middle East (Abu Dhabi), INSEAD's business education and research spans three continents. The school's 154 renowned Faculty members from 40 countries inspire more than 1,400 degree participants annually in its MBA, Executive MBA, Executive Master in Finance, Executive Master in Change and PhD programs. In addition, more than 11,000 executives participate in INSEAD's executive education programs each year.

In addition to INSEAD's programs on its three campuses, INSEAD participates in academic partnerships with the Wharton School of the University of Pennsylvania (Philadelphia & San Francisco); the Kellogg School of Management at Northwestern University near Chicago; the Johns Hopkins University/SAIS in Washington DC and the Teachers College at Columbia University in New York; and MIT Sloan School of Management in Cambridge, Massachusetts. In Asia, INSEAD partners with School of Economics and Management at Tsinghua University in Beijing, and China Europe International Business School (CEIBS) in Shanghai. INSEAD is a founding member in the multidisciplinary Sorbonne University created in 2012, and also partners with Fundação Dom Cabral in Brazil.

INSEAD became a pioneer of international business education with the graduation of the first MBA class on the Fontainebleau campus in Europe in 1960. In 2000, INSEAD opened its Asia campus in Singapore. In 2007, the school inaugurated a Centre for Research and Executive Education in the United Arab Emirates and officially opened the Middle East Campus in Abu Dhabi in 2010.

Around the world and over the decades, INSEAD continues to conduct cutting edge research and to innovate across all its programs to provide business leaders with the knowledge and sensitivity to operate anywhere. These core values have enabled INSEAD to become truly "The Business School for the World".

SOURCE INSEAD

MEDIA CONTACT: Troy Aharonian, Coordinator, NATIONAL Public Relations, [email protected], 416-848-1408; Bruno Correa, VP, Communications, INSEAD Alumni Association Canada, [email protected]