Launched last week, the new Trinity Business School Strategy is aimed at harnessing its strengths and values to deliver business education and research that promotes ethical leadership, eco-sustainability, and humane business.
He explains that business schools have a special role to play in addressing issues such as climate change and social inequality. “We need to be conscious of the nature of the world we live in. The climate catastrophe and the heightened focus on ethical business practices present huge challenges for everyone involved, challenges that have never been at the forefront before.
The school is already being called upon to share that expertise. “Now that Trinity Business School is on the world stage and accredited by the Association to Advance Collegiate Schools of Business [AACSB International], the Association of MBAs [AMB]), and the European Quality Improvement System [EQUIS], we are regularly called upon to address conferences on what business schools can do to become more sustainable. There are around 16,000 business schools globally.
There are solutions to the problem, but they may become moot over time. “You can green cryptocurrencies in two ways,” he explains. “One is to move to green or renewable energy to power the computers. The second is to change the blockchain underpinning from proof of work to proof of state protocols which are less energy intensive. But central banks are now exploring digital currencies.