In the past years, the European Green Deal has thrown a spotlight on sustainability and digitalization transitions, with the EU aiming for ambitious targets, such as becoming the first continent with zero climate impact. Further shocks such as the COVID-19 pandemic and the Russian invasion of Ukraine (and the policies responding to these shocks) are continuously altering the scenarios that companies face in terms of energy, green economy, social protection, and sustainability regulations. Moreover, further sources of pressure and uncertainty for the private sector derive from the financial sector, and in particular the rapid expansion of ESG finance, and tensions in global value chains in material sourcing and in data sharing.
These factors have significant managerial implications for competitiveness, innovation, and corporate strategy. Understanding the practical consequences of the current landscape of corporate sustainability is becoming a prerequisite for professionals working in different fields, not only within Corporate Social Responsibility (CSR), Occupational Health, Safety and Environment (HSE) or Energy Management: increasingly, these themes are becoming central for plant managers, quality managers, R&D professionals, and most entrepreneurs in large and small companies must grapple with these issues.
The overarching objective of the course is to provide practical business management tools to handle sustainability proactively, applying innovative business models and leveraging new technologies, while building organizational structures within the company that allow for the measurement and continuous improvement of sustainability metrics.
The European Green Deal has thrown a spotlight on sustainability and digitalization transitions, with the EU setting ambitious targets, such as becoming the first continent with zero climate impact. Further systemic shocks and the policies responding to these shocks are continuously altering the scenarios that companies face in terms of energy, green economy, social protection, and sustainability regulations. Moreover, further sources of pressure and uncertainty for the private sector derive from the financial sector, and in particular the rapid expansion of ESG finance, and tensions in global value chains in material sourcing and in data sharing. These factors have significant managerial implications for competitiveness, innovation, and corporate strategy. Understanding the practical consequences of the current landscape of corporate sustainability is becoming a prerequisite for professionals working in different fields, not only within Corporate Social Responsibility (CSR), Occupational Health, Safety and Environment (HSE) or Energy Management: increasingly, these themes are becoming central for plant managers, quality managers, R&D professionals, and most entrepreneurs in large and small companies must grapple with these issues. The overarching objective of the course is to provide practical knowledge and management tools to handle sustainability proactively, applying innovative environmental and social practices, business models and leveraging new technologies, while building organizational structures and supply chains that incorporate sustainability as a core principle and allow for the measurement and continuous improvement of sustainability metrics.
By the end of the course, students are expected to
- Define corporate sustainability as an interlinked socio-economic-environmental problem spanning technological and managerial issues
- Know the core regulations and obligatory standards surrounding environmental (and social) corporate sustainability
- Understand the evolution of different voluntary standards and ecolabels and their heterogeneity across different industries
- Be able to evaluate corporate decarbonization strategies, net zero targets, and their interdependence with carbon offset markets
- Identify greenwashing and the incentives for it
- Be familiar with the main building blocks of sustainability reporting and the methodologies to apply the reporting process to build a sustainability strategy
By the end of the course, students are expected to be able to
• Define corporate sustainability as an interlinked socio-economic-environmental problem spanning technological and managerial issues;
• Know the core regulations and obligatory standards for environmental and social corporate sustainability;
• Understand the evolution of different voluntary standards and ecolabels and their heterogeneity across different industries;
• Evaluate corporate decarbonization strategies, net zero targets, and their interdependence with carbon offset markets;
• Identify greenwashing and the incentives for and against it;
• Recognise the main building blocks of sustainability reporting and the methodologies to apply the reporting process to build a sustainability strategy.
• Plan a life cycle assessment of a product or technological system
• Interpret the principles of Environmental Life Cycle Assessment quantitatively, including carbon and water footprints
• Critically analyse sustainability claims of products, services and organisations on the basis of the environmental assessment methods adopted
• Demonstrate knowledge of key concepts, models and frameworks relevant to responsible purchasing and sustainable supplier selection and evaluation
• Demonstrate a theoretical understanding of how sustainable supply chain management fits within the overall architecture and strategy of an organization and a critical awareness of the contribution of sustainable supply chain management to the creation and delivery of sustainable products and services
• Evaluate the responsibilities and relations between the supply chains, and their internal and external stakeholders, in regard to environmental and social sustainability
• Develop solutions to lower the environmental impact of logistics
• Classify the main circular approaches according to the 9R framework and their implications on reverse logistics
• Define a circular business case, by utilising circular business model innovation
An understanding of economic and business processes affecting corporate strategy, and of statistics or econometrics is an advantage, but is not a requirement.
An understanding of economic and business processes affecting corporate strategy and supply chain management, and of statistics or econometrics is an advantage, but is not a requirement.
• Companies and corporate sustainability. Megatrends, definitions, sustainability as a source of new costs, risks, and opportunities. Does it pay to be green? 3h
• Policy trends in the EU and beyond: Green Deal, Circular economy Action Plan, Sustainable Products Initiative, current and future regulations 3h
• Voluntary sustainability standards, ecolabels, management standards. 3h
• Measuring and reporting: life-cycle assessment (LCA), material data declarations, and sustainability reports. The risk of greenwashing 3h
• Decarbonization strategies, net zero and carbon offsetting 3h
• In group exercise: analysis of sustainability reports and public information about sustainability 10h
• ESG finance: green bonds, sustainability-linked bonds and other financial instruments 3h
• Sustainability in supply chains and risk management; 3h
• New business models for circular economy practices (product as service, industrial symbiosis, reverse logistics, etc.); 3h
• Social sustainability; 3h
• Green business strategies and sustainable leadership. 3h
• Companies and corporate sustainability. Megatrends, definitions, sustainability as a source of new costs, risks, and opportunities. Does it pay to be green? [3h]
• Policy trends in the EU and beyond: Green Deal, Circular economy Action Plan, Sustainable Products Initiative, current and future regulations [3h]
• Voluntary sustainability standards, ecolabels, management standards. [3h]
• Material data declarations, and sustainability reports. [3h]
• Decarbonization strategies, net zero and carbon offsetting [3h] - Introduction to group project: analysis of a core corporate sustainability issue [3h]
• ESG finance: green bonds, sustainability-linked bonds and other financial instruments [3h] • New business models for circular economy practices (product as service, industrial symbiosis, reverse logistics, etc.) [3h]
• Social sustainability [3h]
• Green business strategies and sustainable leadership [3h]
• Life-Cycle Assessment [6h]
• Measuring and Reporting Sustainability at the product level and at the organisational level to avoid the risk of greenwashing [3h]
• Sustainable Scorecards & Sustainable Supplier Selection and Evaluation [2h]
• Sustainable Supply Chain Management [12h]
• Sustainable Logistics [9h]
• Circular Economy, Circular Supply Chains & Circular Business Models [6h]
• Exercises in class to acquire the necessary skills to prepare the groupwork: literature reviews, practices of applied LCA, reading corporate sustainability reports, presentations of groupwork.
The first part of the course is lecture-based, even though a high level of participation is solicited. In the middle of the semester, the students work of a group project that will be presented and discussed in class. Case studies and practical examples will be frequently discussed in class in parallel to the theory, thus students are expected to participate in applied learning activities during the classroom, for instance preliminary scouting of the industry's sustainability practices before looking at the single company case study.
Throughout the semester, a high level of participation is solicited from the students, who will work on a set of group projects that are presented and discussed in class. Case studies and practical examples are frequently discussed during the lectures in parallel to the theory, thus students are expected to participate in applied learning activities during the classroom. Flipped learning approach is also occasionally adopted for instance students may be required to scout the industry's sustainability practices before looking at specific company case studies or to read case studies material ahead of in-class discussion.
Suggested textbook: Demartini and Taticchi (Eds) “Corporate Sustainability in Practice: A Guide for Strategy Development and Implementation”, Springer, 2021.
Further reading materials will be provided on the online portal.
Suggested textbooks:
• Demartini and Taticchi (Eds) “Corporate Sustainability in Practice: A Guide for Strategy Development and Implementation”, Springer, 2021..
• Hauschild, Rosenbaum and Olsen (2018), “Life Cycle Assessment: Theory and Practice”, Springer
• Sarkis and Dou (2018), “Green Supply Chain Management: a Concise Introduction”, Routledge
• Bouchery, Corbett, Fransoo and Tan (2017), “Sustainable Supply Chains: A Research-Based Textbook on Operations and Strategy”
• Further reading materials will be provided on the online portal
Slides;
Lecture slides;
Modalità di esame: Elaborato progettuale in gruppo; Prova scritta in aula tramite PC con l'utilizzo della piattaforma di ateneo;
Exam: Group project; Computer-based written test in class using POLITO platform;
...
Written exam in class with PC, using the university's platform (if COVID guidelines do not allow for in-class exam, the same format will be transferred online). The exam consists of 15 multiple choice questions- to be answered in 1 hour. Each correct answer provides 2 points, each wrong answer a -0.5 penalty. No textbooks, manuals or calculators allowed.
The groupwork consists of three parts that will be individually presented and tied together in a final group report. The first will be case studies of companies (each group will cover a different sector); the second a literature review of a key sustainability issue for that topic; and the last part a mini-research on emerging technologies for sustainable innovation. Each part will be presented in class and can yield an additional 1 to 3 points. To pass the exam, a student must achieve a total (written exam+groupwork) of at least 18 points. Any grade greater than 30 corresponds to "30 e lode".
The grading criteria are based on the expected learnign outcomes, both at a theoretical level (exam) and applied practically in the groupwork. The written exam will ascertain the understanding of the main material covered in class, from standards and regulations, to ecolabels and business models involved in modern corporate sustainability pactices. The groupwork will evaluate the student's capacity to identify greenwashing, new business opportunities, challenges and innovations identified in the literature and in data collection processes, together with the ability to combine these concepts with soft skills (teamwork, presentation and report writing skills, sustainable and inclusive leadership).
Gli studenti e le studentesse con disabilità o con Disturbi Specifici di Apprendimento (DSA), oltre alla segnalazione tramite procedura informatizzata, sono invitati a comunicare anche direttamente al/la docente titolare dell'insegnamento, con un preavviso non inferiore ad una settimana dall'avvio della sessione d'esame, gli strumenti compensativi concordati con l'Unità Special Needs, al fine di permettere al/la docente la declinazione più idonea in riferimento alla specifica tipologia di esame.
Exam: Group project; Computer-based written test in class using POLITO platform;
At the end of the year, one hour written exam in class with PC, using the university's platform. The exam consists of 12 multiple choice questions. Each correct answer provides 2 points, each wrong answer a -0.5 penalty. No textbooks or manuals allowed.
The groupwork consists of three parts that will be individually presented.
-The first will be case study (either a single company or multiple companies), in which the students will discuss the business tools developed in class, identifying technological, managerial and sustainability challenges and opportunities;
- The second will be a literature review of a key sustainability issue;
- The last part will be a sustainable logistics exercise to evaluate sustainable supply chain redesign.
Participation in each groupwork yields an additional 1 point. Completing all of the three groupworks provides 1 further bonus point (max total points for groupwork participation = 4). Top performing groups will receive 1 extra bonus point in each groupwork (max total points for groupwork performance =3). Finally, 2 additional points will be awarded for consistency of individual students throughout the groupworks.
Any grade greater than 30 corresponds to "30 e lode". The grading criteria are based on the expected learning outcomes, both at a theoretical level (exam) and applied practically in the groupwork. The written exam will ascertain the understanding of the main material covered in class. The groupwork will evaluate the student's capacity to identify greenwashing, new business opportunities, challenges and innovations also at the supply chain level and critical issues identified in the literature and in data collection processes, together with the ability to combine these concepts with soft skills (teamwork, presentation and report writing skills, sustainable and inclusive leadership).
In addition to the message sent by the online system, students with disabilities or Specific Learning Disorders (SLD) are invited to directly inform the professor in charge of the course about the special arrangements for the exam that have been agreed with the Special Needs Unit. The professor has to be informed at least one week before the beginning of the examination session in order to provide students with the most suitable arrangements for each specific type of exam.