The Business School Impact System (BSIS) scheme is designed to determine the extent of a school’s impact upon its local environment – the city or region in which it is located. The scheme was initially designed by FNEGE (the French National Foundation for Management Education) and is already well established in the French higher education arena. The BSIS process has been adapted for an international audience and is now offered in a joint venture between EFMD and FNEGE as a service to EFMD members in any part of the world. The assessment criteria and the process for measuring a school’s impact has recently been tested with three pilot institutions from three different countries. This new service was formally launched during the EFMD Deans and Directors Meeting in Gothenburg at the end of January 2014