CSUMB's College of Business is the only one of its kind in the world to teach Responsible Business and the Quintuple Bottom Line (QBL) as core concepts. The QBL goes beyond the traditional triple bottom line of profit, people and planet by incorporating ethics and equity into business practices and everyday decision-making.
The 2024 International Responsible Business Social Impact (IRBSI) Symposium, held on December 3, 2024, brought together global leaders, academics, and industry experts to explore how artificial intelligence (AI) is driving transformative change in healthcare, renewable energy, and Environmental, Social, and Governance (ESG) initiatives. This year’s theme, "Tech for Good," highlighted the role of cutting-edge technology in shaping a more sustainable and equitable future.
With over 300 participants joining virtually, moderated by the co-founders and organizers from CSUMB, Dr. Eric Tao, Professor of Computer Science and Dr. Jenny Lin, Associate Professor of Marketing, the symposium featured insightful presentations, dynamic discussions, and forward-thinking research on leveraging AI responsibly for social and environmental impact. The symposium’s distinguished speakers provided groundbreaking insights:
Dr. Yin-Hsiung Hsu shared advancements in AI-powered Smart Healthcare, showcasing innovations that enhance medical accessibility and efficiency.
Dr. Ya-Hui (Emma) Yang highlighted the transformative role of Big Data in Health Management, particularly in disease prevention and patient care.
Dr. Hsin-Lu Chang emphasized the significance of ESG Data Governance in Manufacturing, blending technology with sustainable practices.
Dr. Hsiang-He Lee delved into the role of AI in tackling Climate Change through clean energy solutions.
Mr. Craig Vachon inspired participants with examples of human-AI collaboration in accelerating global clean energy transitions.
Dr. Mohamed Abouzahra provided insights into the application of AI Models in Healthcare, focusing on precision medicine and patient-centric innovations.
Dr. Yin-Hsiung Hsu
Dr. Ya-Hui (Emma) Yang
Dr. Hsing-Lu Chang
Dr. Hsiang-He Lee
Mr. Craig Vachon inspired
Dr. Mohamed Abouzahra
The first inaugural "Innovation for Social Impact Competition" was held during the second part of the symposium. The competition celebrates social venture ideas and businesses created by CSUMB students. Please join us in congratulating the two winners of the competition: Perla Zuniga (MBA '24) won Best Social Venture Award and Odile Lomas (MBA '24) won the Most Innovative Award. Cash awards are presented by Silicon Valley Research Institute (SVRI) to the two winners and they are invited to be members of the Business Forge through iiED.
The key organizers, Dr. Jenny Lin and Dr. Eric Tao, hope to continue to build on the momentum of this event as we work toward a future where technology serves as a force for good.
The IRBSI Symposium was made possible through the collaborative efforts of the Institute for Innovation and Economic Development (iiED) at California State University Monterey Bay (CSUMB) and the Sinyi Research Center in Ethics and Corporate Social Responsibility at National Cheng-Chi University (NCCU). This partnership provided a platform for impactful conversations and shared innovations.
The 23rd Annual Ethics & Responsible Business Forum, titled "Reclaiming Our Values: Personal Responsibility and Ethics in America's Corporate Landscape," brought together students, faculty, thought leaders, experts, and concerned citizens for a public discussion on the evolving role of ethics in shaping our personal lives, our communities, and corporate culture. With opening remarks from President Vanya Quiñones and Provost Andrew Lawson, the forum featured insightful presentations by Dr. Steven Kull, Dr. Shyam Kamath, and Kelly O’Brien. Speakers emphasized the importance of ethical leadership, corporate accountability, and finding common ground in a polarized world. Student panelists Jacob Newman and Gabby Weeden shared thoughtful reflections on the intersection of business, ethics, and civic responsibility. The event highlighted CSUMB’s commitment to responsible business education, which was supported by the College of Business, the School of Computing and Design, the Institute for Innovation and Economic Development (iiED), and the Responsible Business & Innovation Lab. Led by the event organizing committee, chaired by Ange Nariswari, Interim Dean Marylou Shockley, and Master of Ceremonies Jeffrey Froshman, the forum reinforced the importance of ethical decision-making in shaping future business leaders.
Read more: csumb.edu/business/ethics
The Responsible Business Innovation Lab is a newly established project of the Institute for Innovation and Economic Development.
Responsible Business is a management philosophy that seeks to create mutual value by balancing profit with the well-being of the community, employees, and the natural environment. A Responsible Business seeks to profitably, ethically, and equitably, solve problems while at the same time, avoiding the creation of new problems.
Innovation arises from a multitude of sources, reflecting the diverse needs, challenges, and opportunities present in society. Understanding these sources can help individuals and organizations harness their potential for creating new ideas, products, and processes.
Learn more: csumb.edu/iied/rbil