Business schools’ transatlantic divide over ESG

Climate science shows that Europe is warming faster than anywhere else. The continent is also widely seen as a global leader on sustainability — driven by stronger climate policies, progressive environmental standards and renewable energy initiatives. Many European businesses have also made sustainability core to their strategies, governance and reporting.

However, some academics warn that there is no room for complacency at European business schools. Mette Morsing, director of the Smith School of Enterprise and the Environment at the University of Oxford, believes that many institutions still teach outdated economic models and management frameworks that do not align with today’s sustainability challenges. “There is a need for thorough reform of the business school curriculum if it is to remain relevant,” she argues.

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