IMD Annual Report 2021

Special features 22

2021 highlights

Partnerships and outreach Collaboration is vital to find effective solutions for today’s complex challenges. IMD works in partnership with a broad range of organizations, from policymaking and business to academia, to share expertise and drive progress. In 2021, IMD and the World Business Council for Sustainable Development signed a Memorandum of Understanding with the ambition of developing the most sustainability-focused MBA program in the world. The institute joined a group of eight leading European business schools to establish Business Schools for Climate Leadership (BS4CL) to help executives combat the climate crisis facing the planet. BS4CL published a digital toolkit for business leaders to coincide with COP26. Looking ahead As IMD continues to reshape its programs and research through the business critical lens of sustainability, the institute is establishing a Center for Sustainable and Inclusive Business to lead its research activities and pedagogical innovation at the intersection of sustainability, strategy and leadership.

Responsible leadership development • New talent: +1 full faculty / +1 visiting faculty / +2 researchers • New programs: Leading Sustainable Business Transformation & Master of Science in Sustainable Management and Technology (E4S) • Newpartnerships:World Business Council for Sustainable Development / Business Schools for Climate Leadership

Cutting edge education

• 2/3 of revenues from technology-mediated programs in 2021 vs 10% pre-pandemic • Virtual reality enhanced programs

Access to executive education

• 61 subsidized NGO program participants • Scholarships for 51% of MBA participants • 35% of MBA female vs 34% in 2020 • 34% of EMBA female vs 29% in 2020

To find out more about IMD’s sustainability activities in 2021, please click here.

Workforce equity, inclusion & diversity

• Gender equal pay certification • New YMD team builds engagement with younger staff

Mobility and emissions

• New telework policy • +21% Zoom sessions vs 2020 • Travel carbon emissions 252.3 t vs 385.5 t in 2020

Leading Sustainable Business Transformation participants reflect on their learning journey.