TORONTO, Oct. 1, 2014 /CNW/ - Corporate Knights, the magazine for clean capitalism, and the Schulich School of Business at York University in Toronto are proud to launch their second-annual Business for a Better World Case Competition. MBA students can find details and register online at http://www.corporateknights.com/affiliates/2015contest/.
The competition challenges MBA student teams from around the world to improve the sustainability performance of a corporate case subject relative to their industry peers. The 2014 case subject was Suncor Energy. The three finalists were required to present their detailed business plan in front of a high-profile judging panel at the World Economic Forum in Davos, Switzerland, with the team from the Stockholm School of Economics walking away with first prize.
This year, the case subject will come from the pharmaceutical industry. Case details will be disclosed to all registered teams on October 16. The three finalists, determined after two rounds of judging, will get to compete once against in Davos in late January.
"Our inaugural case competition was a great success, with final teams getting a unique opportunity to present in front of the case subject's CEO, which last year was Suncor Energy chief executive Steve Williams," said Tyler Hamilton, editor-in-chief of Corporate Knights. "The 2015 competition will build on last year's success, and comes at a time when more companies than ever are working to raise their sustainability performance and profile."
Student teams will be asked to apply 12 of the most widely disclosed and tracked sustainability indicators to the case subject, making the contest unique among the world's responsible business competitions. Teams will be challenged to identify priority social, environmental and governance (ESG) metrics for the case company and improve its performance (relative to industry peers) on the Global 100 Most Sustainable Corporations in the World, an annual benchmark ranking that has been produced by Corporate Knights since 2005.
The objective is to get students familiar with commonly accepted and emerging sustainability indicators and to build a case for what steps a company can take to become an ESG outperformer in its sector and top-ranked among peers.
About Corporate Knights Inc.
Founded in 2002, Corporate Knights Inc. is a Toronto-based media, research and financial products company focused on clean capitalism. Corporate Knights, the company's quarterly magazine, was named "Magazine of the Year" in 2013 by the National Magazine Awards Foundation. It is distributed in Canada as an insert inside the Globe and Mail and in the United States inside the Washington Post. With a circulation of more than 120,000, Corporate Knights is one of the most widely read publications devoted to business and sustainability issues. Corporate Knights Inc. is proud to be a certified B Corporation. Visit: www.corporateknights.com
About the Schulich School of Business
Known as Canada's Global Business School, the Schulich School of Business is ranked among the world's leading business schools by a number of global surveys. Schulich's MBA program has been ranked #1 in the world by the Aspen Institute and on the Corporate Knights Global Green MBA Ranking. In Canada, the school has been ranked #1 by Forbes, The Economist and others. The Schulich School is based out of Toronto's York University. Visit: www.schulich.yorku.ca.
Image with caption: "Suncor Energy CEO Steve Williams presents team members from the Stockholm School of Business with their first place award at the inaugural CK-Schulich Business for a Better World Case Competition, held January 24, 2014, at the World Economic Forum in Davos, Switzerland. (CNW Group/Corporate Knights Magazine)". Image available at: http://photos.newswire.ca/images/download/20141001_C3959_PHOTO_EN_6215.jpg
Image with caption: "Business for a Better World Case Competition (CNW Group/Corporate Knights Magazine)". Image available at: http://photos.newswire.ca/images/download/20141001_C3959_PHOTO_EN_6216.jpg
SOURCE: Corporate Knights Magazine
For further information: Tyler Hamilton, [email protected]