Course 2024-2025 a.y.

20412 - GREEN MANAGEMENT AND CORPORATE SUSTAINABILITY

Department of Management and Technology

Course taught in English

Class timetable
Exam timetable
Go to class group/s: 31
CLMG (6 credits - II sem. - OP  |  SECS-P/08) - M (6 credits - II sem. - OP  |  SECS-P/08) - IM (6 credits - II sem. - OP  |  12 credits SECS-P/08) - MM (6 credits - II sem. - OP  |  SECS-P/08) - AFC (6 credits - II sem. - OP  |  SECS-P/08) - CLELI (6 credits - II sem. - OP  |  SECS-P/08) - ACME (6 credits - II sem. - OP  |  SECS-P/08) - DES-ESS (6 credits - II sem. - OP  |  SECS-P/08) - EMIT (6 credits - II sem. - OP  |  SECS-P/08) - GIO (6 credits - II sem. - OP  |  SECS-P/08) - DSBA (6 credits - II sem. - OP  |  SECS-P/08) - PPA (6 credits - II sem. - OP  |  SECS-P/08) - FIN (6 credits - II sem. - OP  |  SECS-P/08) - TS (6 credits - II sem. - OP  |  SECS-P/08) - AI (6 credits - II sem. - OP  |  SECS-P/08)
Course Director:
STEFANO POGUTZ

Classes: 31 (II sem.)
Instructors:
Class 31: STEFANO POGUTZ


Suggested background knowledge

To feel comfortable in this course, students should be familiar with basic concepts in management, strategy and economics.

Mission & Content Summary

MISSION

Human activities have driven us into the Anthropocene, a new geological era marked by significant environmental challenges such as climate change, ecosystem degradation, and high energy consumption. These challenges, that increasingly receive attention by political bodies, advocacy groups, finance and public opinion, demand urgent action. In this context, companies are pivotal, acting both as contributors to these problems through emissions and resource use, and as potential solvers through innovative practices. This course investigates the concept of planetary boundaries, emphasizing the importance of natural capital and biodiversity and the preservation of system resilience. We examine corporate sustainability drivers, exploring how policies, stakeholders and the economic benefits of sustainable practices transform business operations. We analyze strategies and practices behind sustainability efforts, showing how these align with broader societal goals and enhance corporate profitability, while contributing to gaining a competitive advantage through new market opportunities and improved efficiency. Students will learn about the innovative processes that companies are adopting to develop sustainable and circular business models and the growing importance of sustainable supply chains.

CONTENT SUMMARY

The course contents are organized into 4 Modules and 2 Tracks.

  1. Modules 1 and 2, are common for all students, and they covers the following topics:
    • Anthropocene, planetary boundaries and social-ecological systems.
    • Climate change, energy scenarios and ecosystem services.
    • Regulations, policy and economic tools for climate change (UNFCCC, Paris Agreement, Glasgow Climate Pact).
    • Why companies engage in sustainability: Corporate sustainability and sustainability leadership.
    • The business case for sustainability.
    • How companies engage in sustainability: Sustainability strategies.
    • Sustainable supply chains and sustainable innovation.
    • Developing a business plan for sustainability.
  2. Then the course divides into 2 Tracks (Modules 3 and 4):
    • Track 1 focuses on innovation, sustainable supply chain and new business models (e.g. circular economy) and is associated with a field project organized with the collaboration of leading companies.
    • Track 2 is associated with the Model UNFCCC CEMS Climate Change Strategy Role Play, and focuses on measures to address climate change, negotiation and 2 days of off-campus role play. The number of students accepted in Track 2 is limited. Preference is accorded to CEMS students.

Intended Learning Outcomes (ILO)

KNOWLEDGE AND UNDERSTANDING

At the end of the course student will be able to...

(The course equips students with the development of skills and competencies to address quantitative and qualitative problems related with the sustainability challenges).

  • Be able to recognize and understand the main challenges of the Anthropocene epoch.
  • Acquire basic notions of planetary boundaries, climate change science and energy scenarios.
  • Understand the interdependences between the social-ecological system and business.
  • Gain an understanding on the role of global policy approaches and regulations to tackle climate change under the United Nations Framework Convention on Climate Change (UNFCCC).
  • Identify and understand the main implication for companies and strategic processes.
  • Explain and illustrate in details the business case for sustainability.
  • Understand new managerial approaches and concepts such as sustainable supply chain and green innovation, sustainable and circular business models.
  • Acquire basic knowledge on the main tools to manage and measure environmental and sustainability issues (e.g environmental and carbon footprint, sustainability plan, life cycle assessment).

APPLYING KNOWLEDGE AND UNDERSTANDING

At the end of the course student will be able to...

 

  • Analyse and compare firm strategies and practices to address the sustainability challenges.
  • Measure environmental sustainability trough key performance indicators.
  • Evaluate and assess sustainable supply chain strategies and sustainable innovation.
  • Track 1 students: learn to develop a specific sustainability plan for a company applying the concepts such as sustainable supply chain or sustainable innovation.
  • Track 2 students: learn the basic principles of negotiation, and gain a better understanding of bilateral-multilateral negotiation dynamics, and practice their skills in the climate negotiations.

Teaching methods

  • Lectures
  • Guest speaker's talks (in class or in distance)
  • Company visits
  • Collaborative Works / Assignments
  • Interaction/Gamification

DETAILS

The course employs various teaching methods to enhance active learning. Firstly, guest speakers from both the world of natural sciences and companies recognized for best practices in sustainability implementation are involved. Moreover, the course includes a business project conducted in groups with a consulting firm, simulating a real-world sustainability challenge that necessitates teamwork and collaboration. This project enhances learning capacity and fosters the development of soft skills. The final presentation is complemented by a company visit.

Several case studies and incidents are used during the lessons to connect theoretical content with managerial practice. Managing these cases and incidents allows students to apply conceptual frameworks to real-world scenarios, thereby enhancing their understanding and retention of sustainability theories and approaches. This approach, which involves scrutinizing data, interpreting information, and evaluating outcomes, strengthens analytical skills and deepens the understanding of the complexities of the interaction between businesses, nature, and society.

Additionally, for students who choose the track focused on the UNFCCC CEMS Climate Change Strategy Role Play, the course includes a role-play where they simulate the dynamics of a Conference of the Parties by representing a country. This helps them develop a deeper understanding of the complexities of climate negotiation processes.


Assessment methods

  Continuous assessment Partial exams General exam
  • Written individual exam (traditional/online)
    x
  • Collaborative Works / Assignment (report, exercise, presentation, project work etc.)
x    
  • Active class participation (virtual, attendance)
x    

ATTENDING STUDENTS

  • Written exam (30%). The written exam is based on open-ended questions. Questions test the students’ learning of the theories, concepts and tools illustrated and analysed in class. Student are required to show that they can illustrate some basic theories and concepts, and that they can analyse sustainability problems at business level.
  • Field project assignment (50%). For both Tracks (1 and 2), students are required to realize a group field project. The assignment for Track 1 students is organized as a consultant project, where students are required by a client to provide some solutions to a sustainability business challenge (e.g. circular business models, sustainable supply chain, green product design). Students are asked to apply some of the concepts and tools discussed in class to the case of a real organization, trying to apply some managerial solutions in order to improve the environmental sustainability of the business. Students have to present in front of external advisors both the “proof of concept” and the final version of the project. Students need to show ability to effectively support and defend the results achieved. Track 2 students have to elaborate two papers (a background and position paper) focusing on how specific parties (e.g. states or NGOs) are addressing the issue of climate change, according to the UNFCCC model. In doing so, they need to analyse in depth the specific feature of the assigned party with regard to the climate change challenge, and then apply the theories and concepts illustrated in the first modules of the course (e.g. carbon budget, mitigation and adaptation strategy, market mechanisms) in order to elaborate a robust strategy to negotiate their climate position. 
  • Class participation (20% of the exam) aims to test the students’ ability to make thoughtful contributions based on the literature that advance the discussion, and their ability to think critically and interact in a constructive way with other classmates.

NOT ATTENDING STUDENTS

  • Written exam (100%). The written exam for non attending students is based on open-ended questions and/or multiple choice. Questions test the students’ understanding of the theories and tools illustrated in the teaching materials and assess their ability to analyse and apply these theories and concepts to case studies or real practical examples.

Teaching materials


ATTENDING STUDENTS

  • Selection of papers, cases, and slides provided to students at the beginning and throughout the course.
  • Selected chapters from: R. SARDA', S. POGUTZ, Corporate Sustainability in the 21st Century. Increasing the Resilience of Social-Ecological Systems. Routledge, Taylor & Francis Group, 2019.

NOT ATTENDING STUDENTS

  • Selection of papers, cases, and slides provided to students at the beginning and throughout the course.
  • R. SARDA', S. POGUTZ, Corporate Sustainability in the 21st Century. Increasing the Resilience of Social-Ecological Systems. Routledge, Taylor & Francis Group, 2019. 
Last change 19/11/2024 13:08