Overview of the Module
General Aim of the Module
This module explores how social entrepreneurs can drive environmental stewardship while promoting social equity and economic progress. By integrating sustainability into their core business strategies, these mission-driven enterprises can create positive environmental and social impacts, contributing to a more sustainable and equitable world. The module focuses on sustainable business strategies, environmental impact measurement, green technology, and partnerships to amplify social and environmental outcome contributing to address social inequalities and poverty through sustainable development in evolving scenarios where environmental challenges like climate change, resource depletion, and biodiversity loss threaten ecosystems and human well-being generate increasingly critical intersection of environmental sustainability and social entrepreneurship.
Module Specific Objectives
- Understand and apply sustainable business strategies that balance profitability with environmental and social responsibility.
- Develop skills in measuring and mitigating the environmental impact of social enterprises.
- Gain insights into the latest advances in green technology and their applications in social entrepreneurship.
- Explore partnership models that enhance the environmental and social impact of businesses.
- Engage in critical discussions on the role of social entrepreneurship in addressing global environmental and social challenges.
- Analyze real-world case studies to apply theoretical knowledge in practical contexts.
- Be prepared to create, manage, and scale businesses that align with principles of environmental sustainability and social responsibility.
Brief Instructons on how to Study in this Module
Learning Resources for Curious Minds
Dyllick, T., & Muff, K. (2016). Clarifying the meaning of sustainable business: Introducing a typology from business-as-usual to true business sustainability. Organization & Environment, 29*(2), 156-174. https://doi.org/10.1177/1086026615575176
Baumgartner, R. J., & Ebner, D. (2010). Corporate sustainability strategies: Sustainability profiles and maturity levels. Sustainable Development, 18 (2), 76-89. https://doi.org/10.1002/sd.447
Bansal, P., & Song, H. C. (2017). Similar but not the same: Differentiating corporate sustainability from corporate responsibility. Academy of Management Annals, 11 (1), 105-149. https://doi.org/10.5465/annals.2015.0095
Elkington, J. (1994). Towards the sustainable corporation: Win-win-win business strategies for sustainable development. California Management Review, 36 (2), 90-100. https://doi.org/10.2307/41165746
Schmidheiny, S. (1992). Changing course: A global business perspective on development and the environment. MIT Press. https://mitpress.mit.edu/9780262691533/changing-course/
Hart, S. L., & Dowell, G. (2011). Invited editorial: A natural-resource-based view of the firm: Fifteen years after. Journal of Management, 37*(5), 1464-1479. https://doi.org/10.1177/0149206310390219
Montiel, I. (2008). Corporate social responsibility and corporate sustainability: Separate pasts, common futures. Organization & Environment, 21(3), 245-269. https://doi.org/10.1177/1086026608321329
Bocken, N. M., Short, S. W., Rana, P., & Evans, S. (2014). A literature and practice review to develop sustainable business model archetypes. Journal of Cleaner Production, 65, 42-56. https://doi.org/10.1016/j.jclepro.2013.11.039
Stubbs, W., & Cocklin, C. (2008). Conceptualizing a “sustainability business model.” Organization & Environment, 21 (2), 103-127. https://doi.org/10.1177/1086026608318042
UN Global Compact. (2015). The SDG compass: The guide for business action on the SDGs. United Nations Global Compact, GRI, and WBCSD. https://sdgcompass.org/wp-content/uploads/2015/12/019104_SDG_Compass_Guide_2015.pdf
