Northumbria University,
Newcastle, has extended a partnership agreement with the North East Initiative
on Business Ethics (NIBE).
The move follows a
Memorandum of Understanding signed between the two organisations in 2018,
formalising their collaboration on initiatives to promote the moral and
commercial benefits of ethical and responsible business practice. Extending the
partnership reinforces Northumbria’s position as a leading centre for research
and teaching in responsible business, and NIBE as a leading voice in this
field.
NIBE also awards a Best Dissertation in Business Ethics prize to recognise the contribution students at Northumbria make to
promoting ethical business practice. This year the award was won by Newcastle
Business School student Jane
Reynolds for her work highlighting a disconnect between sustainable
consumerism and the growth of fast fashion.
Kevan Carrick, Chair of
NIBE said: “We and our supporters strive to make the North East region the best
place in which to carry out business in an increasingly challenging economy and
environment. Working with Northumbria and young people gives us a significant
advantage to further our aims and encourage business, whether start-up SMEs or
corporates, to help to improve the region’s performance in the longer term.”
Professor Robert
MacIntosh, Pro Vice-Chancellor for the Faculty of Business and Law at
Northumbria, added: “There are a number of high profile cases where trust has
been damaged and corporate reputations tarnished by less than ethical
behaviours. Our Advisory Board has helped the Business School craft a strategy
that has sustainability, profitability and ethics at its heart and I’m
delighted to extend our partnership with NIBE given our shared commitment to promoting
responsible business. We share values and a vision to make the North East a
centre of excellence for businesses looking to grow in an ethical and
sustainable way.”
“The headwinds of the
pandemic and rising costs mean businesses in the region are facing considerable
challenges, but acting ethically and responsibly offers a clear and
evidence-based path to success.”
NIBE was established in
May 2013 by Kevan Carrick, Canon Reverend Glyn Evans and Caroline Theobald CBE.
It is an independent regional resource with an aspiration to become a focal
point for good business behaviour, NIBE’s vision is a business community that
acts ethically, treats its stakeholders fairly and delivers on its promises.
For more information on how your business could benefit from working
with Northumbria please see www.northumbria.ac.uk/NBS.
