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Business

Environmental Management, 2019-2020


Class
Phares Parayno
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About

Managers have to confront various demands from the government, the industry, and public to improve their environmental performance. Addressing these demands could lead to actions by managers that can conflict with the traditional imperative of value creation for shareholders of a company. The most important question, then, for a manager is how to balance social and political demands to protect the environment and the pressure to deliver excellent returns to shareholders. This course examines varying management responses to demands for environmental improvement ranging from regulatory compliance to environmental management strategies beyond compliance. These are investigated from the vantage points of the firm, the industry, and the society.

This course is designed for students with limited knowledge of management concepts and principles. It focuses on the challenges faced by companies in changing their practices and strategies for competition as they respond to the pressures placed on them by environmental issues. After taking the course, students will have the tools and skills to be able to promote a favorable policy environment that will encourage participation of companies in improving environmental performance. To accomplish this, the course is organized into five parts: (1) introduction; (2) drivers of corporate environmental management; (3) integrating environment and business; (4) strategic environmental management; and (5) future of environmental management.

At the end of the course, the student will be able to:
1. Analyse the issues and recommend appropriate solutions to address these issues presented on the company cases;
2. Formulate an environment management action plan to reduce wastes of an organization;
3. Assist small and medium enterprises formulate environmental management system relevant to their operations;
4. Conduct a strategic environmental management analysis of addressing wastes of a company; and
5. Formulate an environment strategy appropriate to the nature of an organization.