ENRGYENV 491 -Sustainable Business Strategy

Course Description

This course will be co-taught by Dan Vermeer and Rick Larrick.  It is cross-listed as ENVIRON 298 (at the Nicholas School of the Environment) and ENRGYENV 491 (at the Fuqua School of Business).

Businesses are increasingly using strategic management concepts and tools to incorporate environmental and social considerations into their decision-making and operations. While some businesses incorporate sustainable practices for ethical reasons, most businesses are motivated to do so to reduce business risks and costs, capture new marketplace opportunities, address stakeholder pressures, and gain long-term competitive advantage.

This course will examine how businesses assess these risks and opportunities, and how they develop and implement strategies to promote environmental and social sustainability. We will compare and contrast sustainability-related challenges in different industries and geographies, and assess how these differences affect corporate strategy and practice. We will also evaluate the tools and capabilities that firms need to address sustainability issues from a consumer, employee, and operational perspective, and how they influence and organize this work inside their organizations and with organizational partners.

This course will balance consideration of sustainability challenges in specific organizations with exposure to the approaches used to develop and implement plans for more sustainable practices. Toward that end, classes will combine lecture or guest speaker, class discussion, and/or analysis of case studies.