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    Annual Report 2023 Sustainability Report 2023
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    IMD business school for management and leadership courses

    Highlights of the year in review

    In 2023, we achieved a number of important milestones, reaffirming IMD’s position as a global leader in business education that drives impact. 

    How we create value

    Enabling a sustainable and inclusive business
    Through our research
    • New dentsu Group chair for Sustainability Strategy and Marketing, Goutam Challagalla, appointed
    • Sophie Bacq appointed as Professor of Social Entrepreneurship
    • Research Fellow Esther Salvi and Research Writers Adrian Dellecker and Bryony Jansen – van Tuyll appointed
    • Jan van der Kaaij and Miguel Veiga-Pestana joined as Executive Fellows
    Through our programs and teaching
    • New Inclusive Leadership Program launched
    • First E4S Master of Science in Sustainable Management and Technology participants graduated
    Through our outreach and partnerships
    • New Sustainability Leaders Circle launched
    • Inner Development Goals partnership initiated
    • TOGETHER alumni community webinars and first FTF event held
    • Two Business Schools for Climate Leadership Phd Courses launched
    • Global Goals Week held on campus
         
    Impact-driven education ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎
    • Eight Gold Brandon Hall Awards for innovative learning experiences
    • Two FT Responsible Education Awards – the Best School Award (highly commended) and the Teaching Award (highly commended) for innovation in a simulation of the COP climate conference 
    • Gold Award for Building the Leadership Playground with LEGO Group at the EFMD 2023 Excellence in Practice awards  
     
    Access and representation in our programs
    • First BackPack-Excellence Scholarship for Women MBA participant, Sorelle Djankou Djeuga, graduated
    • Three new donor-funded scholarships established (The Hilti Scholars Program, The Jebsen Family Non-Profit Executive Scholars, The Jebsen Family Global South MBA & EMBA Scholars)
    • 36% of MBA participants are female
    • DE&I Council established
    • 55 managers attended a Leadership Development Program
    • 27 participants from not for profits received subsidies to attend IMD open programs
       
    New dentsu Group Chair in Sustainable Strategy and Marketing, Goutam Challagalla
    Sophie Bacq appointed as Professor of Social Entrepreneurship ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎
    First BackPack-Excellence Scholarship for Women recipient Sorelle Djankou Djeuga

    Our people

    • Qualitative input obtained from our colleagues via DE&I feedback lunches to inform our DE&I initiatives 
    • Tracked the gender and nationality split of our programs, employees, committees, and boards to ensure gender equity 
    • 33% of our Supervisory Board are female 
    • 55 nationalities represented at IMD
    • New face-to-face Inclusive Leadership program successfully launched 
    • More than 100 employees attended a selection of open DE&I programs (virtual and in-person)  
    • An onboarding process for new employees was implemented
    • 55% of all employees and 68% of senior staff are female  
    • 44% of our Executive Committee are female 
    The IMD Asia and Oceania team gathered together on the occasion of the 2023 Orchestrating Winning Performance program in Singapore

    How we manage our impact

    Managing our environmental impact
    • Set impact reduction targets for 2030
    • Established Green Council to track impact reduction goals
    • Soft Mobility Policy, supporting sustainable commuting, launched
    • New electric bike fleet on campus
    • Solar panels installation project approved for Lausanne campus
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    • District Heating installation completed in one building on campus to reduce carbon emissions
    • Carbon emissions reduced to 426 tons of CO2 from 522 tons of CO2 in Scope 1 & 2 
    • Developed a new Sustainable Procurement Policy and a Supplier Code of Conduct
    • IMD among top 5% of all education organizations assessed by EcoVadis