Climate Change and Sustainable Business
Applications for June 2022 entry are now closed.
The purpose of business is changing. Businesses are increasingly required to balance a range of impacts and consider new ways to interact with a wider range of stakeholders to meet the needs of society and the environment.
The definition of what it means to be an organisation is evolving, as businesses begin to take responsibility for social and environmental outcomes.
A range of organisations now exist to fulfil social or environmental outcomes. These outcomes can become a clearly defined purpose for an organisation. However, the scale of an organisation, as well as the scope of the purpose, can influence how purpose and impact is integrated. Small social enterprises or environmental start-ups can have purpose from the outset and at the core of their product. Large multinational organisations have a larger impact, but a more diverse range of impacts around which to define and measure a new purpose.
Impact, and the measurement of impact, has already become an essential part of reporting. Businesses are now expected to communicate their impact to a range of stakeholders, and measuring and reporting on a variety of climate, environmental and social impacts has become essential to strategic planning as well as financial risks.
In this module, you will learn essential skills for navigating this new business landscape, such as pursuing business impact, measuring the societal and environmental impacts of an organisation, and communicating those impacts effectively to a growing range of stakeholders.
A minimum of a second class Honours degree or equivalent. Applicants without these formal qualifications but with significant appropriate/relevant work/life experience are encouraged to apply.
On successful completion of the module, you should be able to:
- Critically assess and communicate the opportunities in the development of a sustainability purpose for a business.
- Apply relevant business models and tools to pursue, measure and report to various stakeholders, new forms of impact.
- Critically reflect on the evolving nature of stakeholder relationships and innovate in this space.
Structure and content
The module will look at the following topics:
- Sustainability impact and the purpose of business
- Social enterprise and impact business
- Social and environmental niches
- Impact start ups
- Environmental management systems and circular economy
- Complex global problems and climate impact
- Global business and partnerships
- Changing stakeholder relationships
- Impact and measurement
- ESG, net zero, and measurement
Delivery and assessment
This module will be delivered online via the Insendi platform.
For your asessement, you will be asked to provide a 2,500 case study report, for example: identify the threats and opportunities that might guide towards a new sustainability purpose. How do you measure the threats and opportunities and how would you measure the impact of progression towards the new purpose?
Knowledge of sustainability and the transition to Net Zero are becoming in-demand skills for businesses. Understanding how these issues apply directly to business is in particular demand. As business of all sizes adapt to the sustainability challenges of the 21st century there is a need to shape new ways of thinking. Pushed on by the opportunity to create value and innovation, as well as policy and financial commitments, businesses need these skills.