Lloyds Banking Group Centre for Responsible Business
The Centre will seek to understand and critique irresponsible
businesses, explore the reasons for their existence, map the challenges of
responsible business, understand the obstacles and develop solutions to
responsible business transformation. We seek to develop robust, authentic
solutions based on high-quality evidence and theoretically informed research values, engage and communicate effectively with key stakeholders and support the development of graduates with the capacity to support
responsible business transformation, contributing to the common good and achievement of the UN Sustainable Development Goals
Underpinned by the UN Sustainable Development Goals our research agenda is shaped by leading research into responsible business, media criticisms of business, contemporary political discourses and innovations by leading businesses. We mapped the terrain of irresponsibility and possibilities for transformation through a series of conversations with academics, practitioners, NGOs, charities, professional institutions, policy makers and politicians and identified key issues for further exploration using our philosophy of interdisciplinary, challenge-based research.
We are using the Centre’s resources to try something different, to bring together subject experts in new configurations to develop collective answers to problems that have proved resistant to past solutions. This challenge-based strategy allows new combinations of research methods that will create new insights into understanding why irresponsibility persists and create more compelling evidence to justify and legitimate change. More holistic research methods and expertise are considered as necessary to build the foundations of responsible business transformation.
We are creating engagement programmes that encourage open dialogue amongst academics, students, business practitioners, civic society, policy makers, and transformation agents. Part of our role is to become a critical interface between the business, policy, NGOs and academic worlds where knowledge can flow freely across different boundaries, constructing new possibilities for action. The aim of our knowledge partnership and engagement activities is to collect, inform, integrate and disseminate responsible business possibilities to inspire and guide business transformation.
Our intention is to become recognised as a leading provider of responsible business education across the world, developing sector leading educational modules, programmes and learning materials to complement existing educational offers. The Centre’s educational programmes will include a range of innovative delivery mechanisms to those requiring responsible business know-how. The aim of this educational development is to construct Responsible Business Professionals capable of helping transform an organisation. We have identified the United Nations Sustainable Development Goals (UN-SDGs) as a powerful framework for driving responsible business transformation. We therefore recognise the vital importance of business students at all levels becoming fully informed about the UN-SDGs and the implications of these for their future business careers.
The creation of Lloyds Banking Group Centre for Responsible Business,
in July 2017, was the result of a partnership of Birmingham
Business School academics, the University of Birmingham Business and Lloyds Banking Group. Lloyds Banking Group provided £2.5million of core funding over a 5 year period, this was been complemented with resources in relation to offices, IT resources and professional services support from the University.
This core funding provides for the appointment of a chair in Responsible Business, a Senior Research Associate Professor, up to 5 post doc researchers and three key professional services officers.
Key to the governance of the Centre is an External Advisory Board and the Centre Director reports directly to the Dean of the Business School.