Net Impact Goizueta — an MBA student club founded to encourage resource renewal, energy conservation and waste reduction — has been recognized with Silver Chapter status.

According to Laila Alequresh, outgoing president of Net Impact Goizueta, it’s the first time the chapter has achieved silver status, which was awarded to just 16 percent of nearly 200 graduate school chapters worldwide. Other MBA programs with silver status include Columbia Business School, NYU (Stern), UNC Chapel Hill, UVA (Darden) and Vanderbilt’s Owen School of Management.

The organization has undergraduate, graduate and professional chapters around the world.

According to it’s website, Net Impact “makes up one of the most influential networks of professionals and students in existence.” The organization includes current leaders in social entrepreneurship, non profit management, sustainability and development.

With silver status, Goizueta will receive special recognition at the Net Impact Conference and promotion in the annual Business as UNusual Guide. The school will also receive placement and news updates on the organization’s website.