1.10 Sustainable Business: Strategy & Innovation
Language of instruction: English
Course type: Subject course
Contact hours: 48 (6 per day)
Course days: see class schedule
ECTS credits: 6
Course fee: € 1,300
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🌍 Critical global issues addressed in this course: Responsible Consumption and Production (SDG 12); Climate Action (SDG 13) |
Course Description
Climate change, environmental pollution, waste of resources and the decline of biodiversity clearly show mankind that processes of change are necessary. On a policy level, the United Nations Sustainable Development Goals, the Paris climate agreement and the Green New Deal are setting the stage, at the corporate level, standards such as environmental social and governance (ESG) reporting, supply chain integrity and voluntary certification, and diversity are critical to long-term business success.
How are companies innovating towards more sustainability today? What are the criteria, the success factors and the strategic approaches to tackle consumer, policy, employee and societal demand for more sustainability?
This course will look at current sustainability frameworks, sustainable companies and sustainable innovation. The participants will get to know and to apply collaborative tools to be better prepared for a business environment. One focus will be on the development of a sustainable business model or project, based on which we will learn and try out modern methods such as the Sustainable Business Canvas, Design Thinking, Effectuation and the Blue Ocean Strategy.