Creating Environmental and Social Impact and Accountability
Students learn about the central role of environmental and social responsibility of companies (Corporate Social Responsibility: CSR) in the value creation process of companies. Students understand that it is not only the central task of companies to generate value, but also to control how and for whom companies generate value. Students will learn how to integrate the different interests of stakeholders (e.g. customers, investors, or NGOs). Upon successful course completion, students will be able to take different perspectives (i.e. stakeholder-oriented, behavioral, strategic, and sustainability perspectives) on corporate environmental and social performance.
In this module, students are taught basic knowledge and tools for managing the environmental and social responsibility of companies (Corporate Social Responsibility: CSR). In addition to the basics of CRS, students will learn about four different perspectives on CSR: the stakeholder perspective, the perspective of behavioral science, the strategic perspective, and the sustainable perspective.