Project Management Institute (PMI), the world’s foremost authority for project professionals, has signed an agreement to establish a new joint venture with Green Project Management (GPM), a pioneer in sustainable and regenerative project management.
Under the terms of the agreement, according to a statement, the assets developed by GPM to support project professionals with sustainable project management will be transferred to the new joint venture, in which PMI now owns a majority stake. These assets include standards, guides, tools, frameworks, learning, and certifications.
GPM will retain its research and advisory activities and a minority stake in the joint venture for at least the next five years. It will also actively contribute to the new venture’s thought leadership and content.
The new joint venture comes at a pivotal moment. While regulatory signals continue to evolve, the imperative for sustainable environmental, social, and economic development remains , the statement said.
For project professionals, this represents a powerful opportunity to drive positive impact. Even beyond projects focused explicitly on sustainable transformation, PMI research
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shows that any project that is aligned to social good is nearly twice as likely to succeed — yet only 22% of projects today meet that standard. This highlights a significant opportunity for the new venture to provide a clear, actionable roadmap for implementing sustainability effectively across sectors.
Project professionals are uniquely positioned to harness their skills and leadership to embed sustainability into every stage of the project lifecycle — and to lead the way in delivering meaningful, lasting change.
“Sustainability transformation is one of the biggest challenges of our time — and it won’t happen without projects. This joint venture is about placing project professionals at the center of that transformation,” said Pierre Le Manh, PMP, President & CEO of PMI.
Through this joint venture, PMI will integrate GPM’s sustainability-driven certifications, frameworks, and tools — including the GPM P5 Standard for Sustainability in Project Management and the Sustainability Competence Standard — into its learning ecosystem and global community platforms. These resources provide clear, actionable guidance for professionals seeking to assess, measure, and continuously improve the sustainability performance of their projects.
“Sustainability is not a luxury for Africa, it is essential to our growth, resilience, and future. The joint venture empowers project professionals across Africa to lead transformative change, embedding sustainability into every project and unlocking solutions that serve both people and the planet,” George Asamani, Managing Director, Sub-Saharan Africa, Project Management Institute said in the statement.
