In April 2020, she was appointed to chair the expert panel on the circular economy by the Council of Canadian Academies.

[3] In 2005, Bansal founded and directed the Centre on Building Sustainable Value at the University of Western Ontario's Richard Ivey School of Business.

[8] In 2011, Bansal was appointed to the inaugural Clean50 with 49 other Canadians for her contributions to improving sustainability and clean capitalism.

[9] In her final year as an associate editor, Bansal was named a Tier 1 Canada Research Chair in business sustainability.

[15] In August, Bansal was honoured with the Distinguished Scholar award by the Organizations and Natural Environment division of the Academy of Management.