Room for improvement: Using GRI principles to explore potential for advancing PRME SIP reporting

We analyse the Sharing in Progress (SIP) reports of 14 signatories to the United Nations' Principles for Responsible Management Education (PRME) to explore how reporting might be improved in ways that are both credible and useful for business schools and their stakeholders. We apply the broad principles of the G4 Sustainability Reporting Guidelines of the Global Reporting InitiativeTM, a widely used international reporting standard, to assess our sample's first and third reports in terms of content and quality. Our longitudinal analysis reveals some improvements in signatory reporting, including significant inclusion of stakeholders, expanded discussion of local and positive impact, timeliness in reporting and clarity of language. However, we find Champion reports include limited reporting of social and economic impact, challenges faced in PRME implementation, and information to facilitate comparability and external assessment of report reliability. We see potential for improving SIP reporting and offer suggestions in support of PRME's goals to promote continuous improvement, a learning community and useful progress reporting to stakeholders. We also present ideas for future research.