HSUHK | CCCO

SCM2202 Responsible Enterprises: Environmental, Social and Governance (ESG)

Common Core Curriculum Office (CCCO) > SCM2202 Responsible Enterprises: Environmental, Social and Governance (ESG)
Department
Supply Chain and Information Management
Semester
AY2016/17 Sem 2, AY2017/18 Sem 1, AY2017/18 Sem 2, AY2018/19 Sem 1, AY2018/19 Sem 2, AY2019/20 Sem 1, AY2019/20 Sem 2, AY2019/20 Summer Sem, AY2020/21 Sem 1, AY2020/21 Sem 2, AY2021/22 Sem 1, AY2022/23 Sem 1, AY2022/23 Sem 2, AY2024/25 Sem 2
Method
Lecture 3 hours
Cluster
4 (Moral Reasoning)

Prerequisite

Nil

Exclusion

Nil

Module Description

Modern enterprises are more interested in meeting increasingly demanding environmental, social and governance metrics defined by broader society. To reach enterprise-wide sustainability, creating a distinct set of managerial competencies is necessary. This module provides a theoretically sound and highly relevant introduction to environmental, social, and governance metrics for a sustainable and responsible enterprise. It focuses on nine key competencies: contextualizing, conceptualizing, managing, strategizing, ESG reporting, sustainable financial investing, implementing, communicating, and innovating. Drawing from the classic background theories such as sustainable development, corporate social responsibility, and ESG, these concepts are applied to the most current business practices. The module also includes various tools for change at individual, company and systemic levels.

Module Intended Learning Outcomes (MILO)

Upon completion of this module, students should be able to:
a. appreciate the multidimensional nature of sustainable enterprise; 
b. critically explore contemporary challenges related to business activities and sustainable enterprise;
c. analyze sustainable enterprise ESG strategies and tools in a variety of organizational contexts; and
d. apply sustainable enterprise theories, principles and tools to examples of business behavior which can lead to change at the organizational and system level.

Module Content

1. Contextualizing

1.1 State of the Planet
1.2 History of Business, Society and Environment

2. Conceptualizing

2.1 Corporate Sustainability
2.2 ESG Basic
2.3 Net Zero Challenge

3. Managing

3.1 Responsible Management Process
3.2 Sustainable business model
3.3 Sustainable business practices

4. Business Ethics

4.1 Ethical Reasoning to ESG
4.2 Normative Ethical Theories
4.3 Descriptive Ethics
4.4 Ethics Management

5. Strategies

5.1 Envisioning Responsible and Sustainable Enterprise
5.2 Strategic Management

6. ESG Reporting

6.1 Quantitative and Qualitative Analysis
6.2 Risk and Opportunities
6.3 Performance Indicators
6.4 ESG Reports

7. Sustainable Financial Investing

7.1 Sustainable Finance Basics
7.2 Green Finance
7.3 Introduction to Carbon Trading
7.4 Responsible and Sustainable Investment Strategies

8. Implementing

8.1 Implementation Basics
8.2 Main Functions
8.3 Support Functions
8.4 Supply Chain

9. Communicating

9.1 Communicating Responsible Enterprise
9.2 Communication Challenges

10. Innovating

10.1 Innovation for Change
10.2 Individual Change
10.3 Organization Change
10.4 System Change

Assessment Methods

1. Class participation (10 %)
2. Exercises/Assignments (30 %)
3. Project
     a. Presentation (10 %)
     b. Essay (20 %)
4. Examination (30 %)

Texts & References

Textbook & Reference materials:

  1. Laasch, O. & Conaway, R. N. (2016). Responsible business: A textbook for management learning, competence and innovation (2nd ed.). Sheffield: Greenleaf.
  2. Bolton, B. (2015). Sustainable Financial Investments: Maximizing Corporate Profits and Long-Term Economic Value Creation. Palgrave Macmillan.
  3. Hill, J. (2020). Environmental, Social, and Governance (ESG) Investing A Balanced Analysis of the Theory and Practice of a Sustainable Portfolio. Elsevier Science.
  4. Laasch, O., & Conaway, R.N. (2014). Principles of Responsible Management: Glocal Sustainability, Responsibility, Ethics. Mason; Cengage.
  5. Crane, A., Matten, D., & Spence, L. J. (Eds.). (2008). Corporate Social Responsibility: Readings and Cases in a Global Context. New York: Routledge.
  6. Hopkins, H. (Eds.). (2016). CSR and Sustainability. Sheffield: Greenleaf Publishing.
  7. Banerjee, S. B. (2007). Corporate Social Responsibility. MA: Edward Elgar.
  8. Crowther, D., & Capaldi, N. (Eds.). (2008). The Ashgate Research Companion to Corporate Social Responsibility. Burlington, VT: Ashgate.
  9. Jonker, J., & De Witte, M. (Eds.). (2006). The Challenge of Organizing and Implementing Corporate Social Responsibility. New York: Palgrave Macmillan.
  10. Keinert, C. (2008). Corporate Social Responsibility as an International Strategy. Heidelberg: Physica-Verlag.
  11. Andrew W.H. Ip & Lianne K.W. Lam (Eds) (2023). Management and Sustainability in the Belt and Road. CRC Press, Tayloe & Francis Group.
  12. Chrissa, P. (2022). Chief Sustainability Officers at Work: How CSOs Build Successful Sustainability and ESG Strategies, Apress.