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Research School of Management · ANU College of Business and Economics
Business as usual is no longer an option, to meet the increasing formal (regulatory) and informal (community) expectations relating to their impact on society and the natural environment along with meeting the challenge of climate change implementing sustainability has become an increasingly important strategic intent of corporations. The course takes the perspective of an individual corporation operating in a dynamic competitive environment in a capitalist economy, that seeks to: examine both its internal and external environments to determine the range of sustainability issues that it faces, including climate change; develop strategies for sustainable practices that enhance its competitive position; make a business case to a range of its stakeholders, including owners, for the adoption of those sustainable practices; and understand the principal barriers to the implementation of those practices. This course aims to promote an understanding for corporations, of: - fundamental concepts of sustainability and the importance to individual corporate entity of corporate sustainability; - the impact of social and environmental risk - the business case for sustainability and the factors both driving and guiding sustainability strategy - how a sustainability strategy is potentially a source of competitive advantage and productivity growth - pathways for and business opportunities in transitioning to net zero and beyond - ways of creating value by pursuing a net zero strategy through innovation business model, product and process innovation - the impact that climate change has on organisations operations and strategy. - key drivers and inhibitors, both external and internal to the corporation – including climate change, of the natural environmental and social aspects of corporate sustainability; - the inter-relationship between the natural environmental, social, and economic aspects of corporate sustainability; and to provide an overview of: - the principal ‘toolkits' currently used by practitioners to recognise and resolve natural environmental and social sustainability issues in pursuing sustainable business strategy; and - contemporary issues in corporate sustainability
Typical assessments may include, but is not restricted to: in-class exercises, written and oral assignments, quizzes, examinations, group project tasks, oral presentation, and other assessment deemed appropriate to show attainment of the learning outcomes set for the course. Further details will be made available via the Class Summary.
Learning outcomes 1, 2, 3, 4, 5, 6
Students taking this course in First or Second Semester are expected to commit at least 10 hours per week to completing the work. This will include 3 hours per week in class and at least 7 hours a week on average on course reading, research, writing and assessment work. Where this course is offered in intensive delivery mode as a continuous block over a shorter period of time, the expected total time commitment for this course will be 130 hours. Work Integrated Learning Other Students will, through other formats, engage with organisational partners for planned authentic activities, or through purposeful links to curriculum and specifically designed assessment, that integrate theory with the practice of work.
Information about the prescribed textbook (if any) will be made available via the Class Summary.