By Gbenga Salau

Project Management Institute (PMI), the world’s leading 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, 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. For project professionals, this represents a powerful opportunity to drive positive impact. Even beyond projects focused explicitly on sustainable transformation, PMI research shows that any project that is aligned to social good is nearly twice as likely to succeed — yet only 22 per cent of projects today meet that standard.

“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.

“With GPM’s certifications, learning programs, and standards now brought into a joint venture fully integrated into the PMI organisation, we are in a strong position to help our community turn good intentions into meaningful, measurable action — across industries and on a global scale — by leveraging PMI’s ecosystem of professionals, corporate partners, academic institutions, training organisations and governments.”

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.
“Sustainability is not a luxury for Africa, it is essential to our growth, resilience, and future. The joint venture empowersproject professionals across Africa to lead transformative change, embedding sustainability into every project and unlocking solutions that serve both people and the planet,” said George Asamani, Managing Director, Sub-Saharan Africa, Project Management Institute.

“The future of project management must move beyond delivering outputs. Projects must play a critical role in generating prosperity, restoring ecosystems, and building more equitable communities. This joint venture brings us closer to making sustainability and regeneration core to the profession,” said Joel Carboni, Founder of GPM.