Principles for Responsible Management Education (PRME) 

The Principles for Responsible Management Education (PRME) is a United Nations-supported initiative founded in 2007 that aims to raise the profile of sustainability in business and management education through Seven Principles focused on serving society and safeguarding our planet.

PRME engages business and management schools to ensure they provide future leaders with the skills needed to balance economic, environmental, and social goals, while drawing attention to the Sustainable Development Goals (SDGs) and aligning academic institutions with the work of the UN Global Compact. Driven by its mission to transform management education, PRME equips today's business students with the understanding and ability to deliver change tomorrow.

The Principles of PRME, as well as those of the UN Global Compact, offer a framework for continuous improvement in business practices and education focused on fostering sustainability and ethical conduct. These principles guide organizations toward achieving the SDGs. While the SDGs have specific timelines, the principles are designed for ongoing guidance, promoting long-term sustainability.

As a voluntary initiative with over 800 signatories worldwide, PRME has become the largest organized relationship between the United Nations and management-related higher education institutions.

Global Reporting Initiatives (GRI) 

Established in 1997, GRI is the independent, international organization that helps businesses and other organizations to take responsibility for their impacts by providing them with the global common language to communicate those impacts. The GRI Standards are the world’s most widely used standards for sustainability reporting. Today, more than 10,000 companies around the world use GRI for their sustainability reporting. The GRI Standards are also referenced in policy instruments and stock exchange guidance around the world. Over 160 policies in more than 60 countries and regions reference or require GRI. The GRI secretariat is headquartered in Amsterdam, the Netherlands, with a network of seven regional hubs ensuring strategic support for organizations and stakeholders worldwide.

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Ler Lum Advisory Services Sdn. Bhd. 

We provide business recovery services, offering a full range of complex and routine turnaround, restructuring and insolvency assignments across many different industries. We undertake various corporate recovery services with the objective to achieve the best possible solutions in the key services of receivership, liquidation, project rehabilitation and financial monitoring. Our services are aimed at assisting business owners, management, debtors and lenders to navigate through the tedious recovery processes.

Please contact our Dr. Amy Lim Swee Geok at 012-3286752 or amylim@lerlum-hlb.com should you require our services.

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