Energy & Society

Introduction

This course is part of the Executive Master of Management in Energy in cooperation with BI Norwegian Business School and IFP School.

It is now widely recognized in business, media, government and civil society that companies should aim beyond short-term profit towards a broader goal of long-term sustainable value creation. Given its scale and scope of operation, these expectations strongly apply to energy industry.
The risk of failing to align business with societal expectations is well-illustrated through many environmental, social and governance scandals in energy industry. The purpose of sustainability- engagement, however, is not only to reduce risk; when appropriately deployed, Corporate Social Responsibility (CSR) and sustainability provide opportunities to improve day-to-day business, develop a competitive advantage, and strengthen reputation and brand.

Course content

• CSR and Sustainability
• Stakeholder Theory and Its Applications
• Tools To Further Sustainable Development In Energy Industry
• Partnered Governance Arrangements
• Basic Business Ethics
• Sustainability Issues In The Media And Other Public Arenas
• Turning CSR and Sustainability Into a Value Driver