Sustainable transformation and future-fit business
MGT-546 / 3 crédits
Enseignant: Chahidi Sébastien Antoine
Langue: Anglais
Withdrawal: It is not allowed to withdraw from this subject after the registration deadline.
Summary
This course explores how companies can address their social and environmental impact, examining sustainability drivers, the need for systemic change, and the role of businesses. Students will engage in a practical project with a company to identify and implement strategic impact improvements.
Content
The content of the course will include:
- Introduction: the business imperative for sustainability
- Sustainability frameworks and regulations
- The role of business & fundamentals of sustainability
- Business impacts - What does good look like?
- Strategizing sustainability
- Sustainability in practice: company visit
- Impact Analytics matrix & Impact business models
- Continuous impact improvement
- Change management
- Greenwashing, communication and positive impact pledges
Keywords
Sustainability, strategy, regulations, impact, innovation, business models
Learning Prerequisites
Required courses
none
Learning Outcomes
By the end of the course, the student must be able to:
- Explain the role businesses play in embodying and accelerating sustainability, including the key drivers and obstacles they face.
- Assess / Evaluate the feasibility of strategic sustainability initiatives within a business context, aimed at improving impact through operations and business models.
- Apply theoretical knowledge to identify various practices and strategies companies can use to reduce negative impacts and enhance positive contributions to stakeholders and the environment in practical business settings.
- Examine the complexity of sustainability in the corporate sector to ensure meaningful impact, and address challenges such as communication and stakeholder engagement.
- Reason on the regulatory frameworks pertaining to sustainability and their impact on businesses
- Assemble the building blocks of a sustainability strategy for businesses
Transversal skills
- Communicate effectively with professionals from other disciplines.
- Take responsibility for environmental impacts of her/ his actions and decisions.
- Demonstrate the capacity for critical thinking
- Write a scientific or technical report.
- Demonstrate a capacity for creativity.
- Assess progress against the plan, and adapt the plan as appropriate.
- Plan and carry out activities in a way which makes optimal use of available time and other resources.
- Set objectives and design an action plan to reach those objectives.
Teaching methods
- Lectures
- Guest interventions
- Group project
Assessment methods
- Group report: 70 %
- Individual examination: 30%
Resources
Virtual desktop infrastructure (VDI)
No
Bibliography
Optional
Chief Sustainability Officier
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The Evolving Role of Chief Sustainability Officers - Harvard Business Review
Company & purpose
The business imperative for sustainability
- Why sustainability is crucial for corporate strategy | World Economic Forum
- Sustainability and profitability can co-exist. Here's how | World Economic Forum
- Deloitte CxO (Chief experience officer) Sustainability Report
- Why 2024 is the year sustainability develops a credible business case? - World Economic Forum
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Sustainability Trends & Driver
-
Gen-Z Candidates Want To See Real Sustainability Plans: Why You Shouldn't Ignore Them - Forbes
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'Green hushing' on the rise as companies keep climate plans from scrutiny - Financial Times
Case studies
-
Patagonia shows how turning a profit doesn't have to cost the Earth - McKinsey
-
How the B Corporation movement is remaking business - Fast Company
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Communication, greenwashing and legal risks: the FIFA case - lenzstaehelin
Moodle Link
Dans les plans d'études
- Semestre: Automne
- Nombre de places: 40
- Forme de l'examen: Pendant le semestre (session d'hiver)
- Matière examinée: Sustainable transformation and future-fit business
- Cours: 2 Heure(s) hebdo x 14 semaines
- Projet: 1 Heure(s) hebdo x 14 semaines
- Type: optionnel