2026/2027

Управление устойчивым развитием компании

Статус: Маго-лего

Кто читает: Департамент стратегического и международного менеджмента

Где читается: Высшая школа бизнеса

Когда читается: 1 модуль

Охват аудитории: для своего кампуса

Преподаватели: Роулинс Томас Эдвард

Язык: английский

Кредиты: 3

Контактные часы: 24

Course Syllabus

Abstract

The Master's course "Sustainable Business Management" provides a rigorous, advanced management framework designed to equip future executives, consultants, and strategic risk analysts with the specialized competencies needed to steer contemporary organizations through volatile regulatory and socioeconomic environments [INDEX, INDEX]. Moving completely away from abstract individual decision models, this course approaches sustainability as a core paradigm of competitive advantage, boardroom governance, and fiduciary liability [INDEX]. The curriculum challenges historical parameters of organizational target-setting by contrasting conventional shareholder primacy with principle-based, strategic stakeholder value creation [INDEX, INDEX].Structured across three intensive, problem-based strategic modules, the curriculum focuses on the practical integration and operationalization of sustainability across enterprise-wide business architectures [INDEX]. In the first block, students master the technical methodologies of Double Materiality assessments and evaluate how corporate governance structures and board oversight mechanisms incorporate sustainability factors into executive performance targets [INDEX]. The second block examines the systemic embedding of sustainability principles across core functional business areas, training students to optimize capital allocation via green finance instruments, manage circular product lifecycles, and execute strict carbon accounting protocols spanning Scope 1, 2, and 3 value-chain emissions [INDEX]. The final block deep-dives into strategic risk governance, treating environmental, social, and compliance factors as critical liabilities to be integrated directly into standard Enterprise Risk Management (ERM) boardroom frameworks [INDEX]. Special emphasis is placed on strategic risk diagnostics and data governance compliance protocols, enabling future managers to audit corporate greenwashing and safeguard organizational market trust in the digital age [INDEX].Through a balanced combination of advanced lectures, highly interactive panel debates, and a continuous team research track, students cultivate a systemic, boardroom-ready mindset, preparing them to effectively navigate, justify, and defend complex socio-ecological and financial trade-offs

Learning Objectives

• Challenge Traditional Financial Management Primacy: To provide future executives with an advanced conceptual understanding of corporate sustainability models, contrasting historical profit-maximization metrics with modern stakeholder value creation platforms
• Deconstruct Complex Value Tensions and Materiality: To train students to perform empirical industry-level Double Materiality assessments, navigating the operational friction between environmental compliance costs and short-term economic returns using standardized reporting indices (GRI, SASB)
• Operationalize Functional Sustainability Strategy: To equip students with practical methodologies for embedding ESG criteria directly into an organization's core functional departments—specifically focusing on green finance instruments, circular supply-chain design, and lifecycle transparency
• Integrate ESG into Enterprise Risk Governance: To build the managerial capacity to treat environmental, social, and compliance factors as critical enterprise liabilities, integrating them directly into standard Enterprise Risk Management (ERM) frameworks
• Prevent Sustainability Gaps and Greenwashing: To develop robust strategic diagnostic skills, enabling future managers to formulate internal data governance guidelines that detect greenwashing warning signs and safeguard ethical reporting transparency

Expected Learning Outcomes

• Extract Empirical Sustainability Data: Locate, navigate, and extract relevant operational metrics from publicly available corporate sustainability reports, ESG registries, and national dashboards.
• Formulate Defensible Strategic Justifications: Prepare evidence-based positions individually to confidently defend research methodologies, data limitations, and operational trade-offs during spontaneous cross-examinations.
• Deconstruct corporate strategies using Freeman's stakeholder framework to identify hidden stakeholder risks.
• Evaluate how historical definitions of sustainability modify long-term corporate target-setting.
• Differentiate between ends-directed stakeholder management and principle-based stakeholder relationships
• Evaluate how corporate governance structures and board oversight mechanisms incorporate sustainability factors into executive performance targets
• Deconstruct corporate strategies using Freeman's stakeholder framework to identify hidden stakeholder risks and strategic long-term vulnerabilities
• Execute an industry-level Double Materiality assessment to prioritize material ESG topics based on both financial impact and socio-environmental significance
• Differentiate between ends-directed stakeholder management (tactical/compliance) and principle-based stakeholder relationships (strategic value creation)
• Formulate operational ESG criteria and sustainable procurement policies across an organization’s downstream and upstream value chain
• Differentiate between Scope 1, Scope 2, and Scope 3 greenhouse gas emissions to structurally manage and audit an organization's aggregate environmental footprint
• Analyze green finance instruments (e.g., green bonds, sustainability-linked loans) to optimize capital structure and evaluate cost of capital adjustments.
• Integrate circular economy frameworks and closed-loop lifecycle infrastructure into core operational logistics and product-design workflows
• Embed environmental, social, and compliance risk factors directly into standard corporate Enterprise Risk Management (ERM) boardroom frameworks.
• Recognize and diagnose the warning signs of greenwashing by cross-examining promotional marketing narratives against verified, multi-year performance indicators
• Formulate robust internal data governance and compliance policies to safeguard transparency and prevent the algorithmic erosion of ethical reporting standards
• Formulate Defensible Strategic Justifications individually to confidently defend research methodologies, metrics selection, and operational trade-offs during spontaneous boardroom cross-examinations

Course Contents

• Foundations of Corporate Strategy, Governance, and Stakeholder Value
• Functional ESG Integration: Finance, Operations, and Marketing
• Strategic Risk Governance, Enterprise Management, and Greenwashing Diagnostics

Assessment Elements

• Second Seminars
  Applied team presentation and empirical defense focused on operationalizing sustainability targets across core functional business silos (finance, logistics, procurement) using international carbon accounting and disclosure indicators [INDEX]. Teams are fixed up to a maximum of five students per group [INDEX].
• Lecture Attendence
  Lecture Attendance is checked at the beginning of each lecture 'para' manually or electronically - students must regsiter their attendance prior to the beginning of the para. A grade out of ten is calculated according to the number of para attended - 6 para = 10 ; 5 para = 8 ; 4 para = 6 ; 3 para = 4 ; 2 para = 2 ; 0 para = 0
• First Seminars
  Independent team study, presentation, and defense focused on corporate governance frameworks, executive target-setting, and strategic long-term stakeholder liabilities [INDEX]. Teams are formed randomly up to a maximum of five students per group [INDEX].
• Third Seminars
  Independent team study, presentation, and defense focused on corporate risk governance frameworks, Enterprise Risk Management (ERM) boardroom matrices, and strategic greenwashing diagnostics [INDEX]. Teams are formed randomly or operate in fixed groups up to a maximum of five students
• Final Exam
  Platform: StartExam (administered via SafeExam browser in physical HSE computer classrooms) [INDEX, INDEX]Proctoring Mode: Synchronous/Asynchronous Digital Proctoring (requiring continuous video, audio, and desktop screen feed monitoring) [INDEX, INDEX]Duration: 80 Minutes (Strictly enforced digital timer countdown via the platform) [INDEX, INDEX]Structure: 20 multiple-choice questions (1 point each; single best answer from four options) [INDEX] and 4 short-answer open-ended questions (5 points each; maximum 50-word cap per response) [INDEX], totaling 40 raw points [INDEX].Grade Contribution & Calculation Formula: The 40 raw points are directly equivalent to 0.400 (40%) of the final course grade [INDEX]. Each raw point earned on the StartExam platform contributes exactly 0.01 toward the student's final total course score out of 100 [INDEX].Mandatory Grading Rule: Points for the open-ended questions are awarded based solely on the expert opinion and professional qualitative judgment of the assessor [INDEX]. The assessor scores each open question using a strict qualitative 5-point scale (5 - Excellent; 4 - Good; 3 - Satisfactory; 2 - Poor; 0 - No answer)

Interim Assessment

• 2026/2027 1st module
  0.17 * Second Seminars + 0.17 * First Seminars + 0.4 * Final Exam + 0.1 * Lecture Attendence + 0.16 * Third Seminars

Bibliography

Recommended Core Bibliography

• Andrea CardoniEvgeniia Kiseleva (2023) Sustainable Governance : Concept, Metrics and Contexts 9783031374913,9783031374920
• Michel Dion, R. Edward Freeman, Sergiy D. Dmytriyev. Humanizing Business: What Humanities Can Say to Business. 53. 1st ed.Springer Nature; 2022
• Sustainability management : global perspectives on concepts, instruments, and stakeholders, Hahn, R., 2022
• Sustainable governance : concept, metrics and contexts, Cardoni, A., 2023

Recommended Additional Bibliography

• Corporate sustainability : managing responsible business in a globalised world, , 2023
• International management behavior : global and sustainable leadership, Lane, H. W., 2019
• R. Edward Freeman’s Selected Works on Stakeholder Theory and Business Ethics, Sergiy D. Dmytriyev, R. Edward Freeman, Springer Cham, 978-3-031-04564-6 Published: 20 September 2023
• Sustainable futures : an agenda for action, Kaplinsky, R., 2021
• Sustainable hedonism : a thriving life that does not cost the earth, Lelkes, O., 2021

Authors

• Roulins Tomas Edvard