Principle 5 - Partnership
The University of Strathclyde will interact with managers of business corporations to extend our knowledge of their challenges in meeting social and environmental responsibilities and to explore jointly effective approaches to meeting these challenges.
Strathclyde Business School is committed to working with industry partners to provide bespoke solutions to their business needs and challenges, such as the need to look at sustainability in the hospitality and tourism industry, and, via knowledge exchange, we work on projects with sustainability at their heart.
Working with business to engage together on the social responsibility agenda:
- SBS received the prestigious Small Business Charter Gold Award in 2016, joining an elite group of institutions at the forefront of entrepreneurship in the UK. Deputy First Minister John Swinney said, “The University of Strathclyde deserves credit for this achievement. The Hunter Centre for Entrepreneurship and the wider Business School have been exemplars of the Scotland CAN DO approach and this recognition further verifies the superb work they do to drive inclusive growth in Scotland.” Anne Kiem, Chief Executive of the Chartered Association of Business Schools, commented that Strathclyde Business School had shown ongoing commitment to finding ways of connecting with businesses in meaningful ways. The Growth Advantage Programme provided a boost to the leadership skills of participants which injected belief into their capacity to grow. The programme was also successful in attracting a high proportion of women participants, which she said should be commended.
- In 2016, the Global Living Wage Initiative Steering Group was developed, hosted by UK Living Wage Foundation and Chaired by Burberry, to support the promotion of the Living Wage internationally. Dr Andrea Coulson became an invited member of this Group and also joined the membership of the Scottish Business Living Wage Leadership Group hosted by the Scottish Living Wage Accreditation Initiative and chaired by SSE, in December 2016. These membership roles inform policy and practice by both groups.
- Engagement on the Living Wage research findings (Coulson and Bonner, 2015) with the global accounting body the Association of Chartered Certified Accountants (ACCA) has led to the development and implementation of a global membership study on the Living Wage. This was carried out in partnership with Andrea Coulson, then Chair of the ACCA Global Forum on Sustainability, and Michael Kelly, Chair of the UK Living Wage Foundation and Visiting Professor of Accounting and Finance at the University of Strathclyde.
- On behalf of the Centre for Financial Regulation and Innovation (CeFRI), Daniel Broby has been in discussion with the Social Stock Exchange with regard to creating a stock market index for their initiative. This is a start-up initiative to provide access to capital to small and mid-size social companies. For it to raise its awareness, it needs to demonstrate the performance of the companies that trade on it. As a result, the research work will have important benefit to the initiative.
- Professor Levie is Co-Investigator on a Horizon 2020 project called SteamBio, which is developing viable business models for a technology that extracts valuable biochemical from stranded and waste biomass resource.
- A recent project led by Professor Sarah Dodd has included the development and holding of interactive workshops around collaborative growth strategies for the craft beer sector, bringing together craft brewers and relevant academics from nine European countries, together with enterprise support professionals, to analyse and plan for collective, sustainable sector development. These projects include the articulation and enactment of non-economic goals, such as cultural and environmental aims.
- Dr Matthew Hannon (HCE) has been invited by the World Energy Council to join as a member of their Resources Group, to provide insight into cutting-edge development in emerging energy technology market.
- A total of 25 Strathclyde Business School undergraduate students took part in Saltire internships both in the UK and internationally in the summer of 2016. The students can work in big business or not-for-profit organisations. All are expected to tangibly give back for the experience they have been given which could be through fundraising or community engagement during their internship.