MIT Sloan Management Review: Sustainability contributing to company profits

Through a global survey conducted by MIT Sloan Management Review and The Boston Consulting Group, we sought to determine where exactly sustainability sits on the management agendas of the more than 2,800 companies.  It turns out that it’s prominent: more than two-thirds of companies have placed sustainability permanently on their management agenda.

Our study also found that two-thirds of companies see sustainability as necessary to being competitive in today’s marketplace, up from 55% a year earlier.  In addition, two thirds of respondents said management attention to, and investment in, sustainability has increased in the last year.

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MBA Interest in Sustainability Careers is on the Rise at MIT Sloan

MIT Sloan Career Development Director Jackie Wilbur

Sustainability is a hot topic these days, especially on business school campuses. At MIT Sloan, we’re seeing a strong and increasing interest among our MBA students in this area.

A recent survey of our incoming first-year MBA students showed that 15% of the class is interested in the social enterprise sector, including sustainable business, nonprofits and education. That is even higher than the year before.

To support these students – whose numbers are growing — we have many initiatives and programs in place such as the Sloan Sustainability Initiative, which offers courses like the MIT Sloan Sustainable Business Lab (S-Lab) where student teams work with organizations on specific sustainability projects. Through the Sustainability initiative, MBA students also can earn the MIT Sloan Sustainability Certificate. Building on the Institute’s tradition of interdisciplinary studies, the certificate combines core and elective courses in areas such as process improvement, organizational learning and adaptation, entrepreneurship and commercialization, and the dynamics of organizational and social change.

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