PMI Acquires Majority Stake In Joint Venture With GPM To Advance Sustainable Project Management

The Project Management Institute (PMI) has entered into a joint venture with Green Project Management (GPM), aimed at integrating sustainability into project management practices across industries.

Under the agreement, PMI will assume a majority stake in the newly formed entity, which will absorb GPM’s suite of sustainability-related resources, including its standards, tools, guides, and certification programs.

GPM, known for its focus on sustainable and regenerative project management, will retain its research and advisory functions, as well as a minority stake in the joint venture for at least five years. The company will also contribute to the venture’s ongoing development of content and strategy.

The move comes amid growing pressure on organisations to meet environmental, social, and governance (ESG) benchmarks, with project management increasingly seen as a vehicle for implementing such goals.

PMI cited internal research indicating that projects aligned with social good are nearly twice as likely to succeed, though it found only 22 per cent of current projects meet that criterion.

The new venture will incorporate GPM’s flagship frameworks, including the P5 Standard for Sustainability in Project Management and the Sustainability Competence Standard, into PMI’s global learning and certification platforms. These resources are designed to help professionals measure and improve the sustainability performance of their projects.

Pierre Le Manh, President and Chief Executive of PMI, said the initiative reflects the growing role of project professionals in delivering sustainability outcomes.

PMI plans to integrate the newly acquired materials into its wider network, which includes corporate partners, academic institutions, and public sector bodies.

The collaboration positions PMI to offer structured guidance on sustainability at a time when many organisations are looking for practical approaches to implementing ESG principles within project lifecycles.