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Introduction

The term 'sustainability' is often loosely used. Companies, governments, and non-government organizations (NGOs) usually use the triple bottom line model based on the three pillars, namely social, economic, and environmental for sustainability issues. The United Nations World Commission on Environment and Development defines sustainable development as the “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” In 2015, the United Nations Member States adopted the Sustainable Development Goals (SDGs), also known as the Global Goals as a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity by 2030. It is now imperative that all actors of the social sector work together to attain the 17 goals and the 169 targets.

Need of the Course

The nature and scope of managing sustainability have undergone a huge transformation in recent times not only on existing ecosystems, but also through new emerging economic models like sustainable business and social enterprises. There is a boost to the startup ecosystem that has motivated many educated youths to embark on a journey to change the world. Innovation, technology has further enabled their scale of operations. Moreover, with pertinent global issues like climate change, many actions have become urgent and collaborative. However, what is lacking is an understanding of the core issues of sustainability, how it can be integrated within existing business models or nurtured through new enterprises and so on. Sustainability entrepreneurship is a new breed in the entrepreneurship world (Aghelie, Sorooshian and Azizan) in terms of its operational efficiency and needs.

Course Director

Dr. Nayan Mitra, Distinguished Researcher & Founder – Sustainable Advancements

Credits, Time & Course Flow

This course is of 3 Credits which will run two times (July and January Batch) in a year over for 30 hours. over weekends, Fridays- Saturdays. The first batch is starting from 1st weekend of July 2021 onwards. The sessions will be offered in online live mode.

Topics to be covered in the Course

20 SESSIONS (Per Sessions1:30 Hours)

TOPICS

  • Introduction to Sustainability Management
  • Introduction to Sustainable Development Goals – 17 goals
  • Concepts of Corporate Sustainability, Sustainable Business, Social Enterprise, Integrating purpose with profit. Definitional disputes. Legal structure.
  • Climate Change. Climate Action
  • Responsible Leadership. Role of Top Management Team
  • Planning for Sustainability. Feasibility and viability Study
  • Integrating sustainability in Vision, Mission statement and policies >
  • Creating a business model or revamping a business model
  • Role of innovation. Role of technology.
  • Managing Sustainable production and consumption
  • Managing Sustainable Finance
  • Managing Supply Chain Sustainability
  • Managing sustainability in other functional areas – operations, human resource, marketing among others
  • Sustainability communication
  • Creating an ecosystem for change. Role of collaborations and networking
  • Stakeholder mobilization, Impact Assessment study, outcome measurement
  • Integrated Reporting
  • Expert Speak 1 – Integrating Sustainability
  • Expert Speak 2 - Sustainability Entrepreneurship
  • Assessment

Course Advisors

A team of experts from AIMA's Board of Studies (https://resources.aima.in/chairman-and-members-of-AIMA-bos-2018-2019.pdf ) & Sustainable Advancements (https://www.sustainableadvancements.com/team)

Methodology

The course methodology will include lecture, Q/A, discussion, audio-visual aids, case studies, expert learning.

Target Participants

B-School/HEIs Students

Course Outcome

Sustainability unfortunately is not covered in any of the B-School curriculum. But it is the integral part of a business right now

On undertaking this course, the students will be able:

  • To know what sustainability means
  • To understand how it can be managed
  • To integrate sustainability among the various verticals of a business entity
  • To initiate a sustainable business
  • To learn hands on from national and international experts and develop a global perspective

Course Material

The course pack comprising power points, original researches, learning aids, reading materials etc. will be provided to each participants.

Assessment, Grading & Certification

The participants would be assessed on the basis of their performance in One online comprehensive examination (written test of 3 Hrs duration) (Max. Marks – 100)

The participants will be graded on relative letter grading system. Those who obtain minimum B grade in Online Comprehensive Examination would be declared passed and awarded 'Certificate of Success' by ALL INDIA MANAGEMENT ASSOCIATION.

Credit earned in this course could be transferred to AIMA's PGDM program or to any other institutes'/universities' program as per the norms of UGC.

Participants not appearing in assessment for this course will be provided with 'Certification of Participation'.

Faculty

Dr. Nayan Mitra is an international authority on the subject of Sustainability, CSR and Responsible Leadership. Her Company Sustainable Advancements (OPC) Private Limited is a woman-led company that broadly aims to promote the Sustainable Development Goals (SDGs) through advocacy and implementation (www.sustainableadvancements.com). She is the founding National President of the Women's Indian Chamber of Commerce and Industry (WICCI) Sustainable Businesses Council after a short stint as the President, West Bengal Sustainable Businesses Council; mentor at the Aspire for Her Foundation and Influencer at the Womennovator – where she continuously strives to bring in innovative programmes to contribute to the impact of SDG 5. She is also a pro-bono member of the Advisory Council and Board of some of the eminent NGOs in India, whose work with women and children has received global recognition.

She is the editor of Responsible Business and Sustainable Management by Springer. Dr. Mitra is the editor of the books 'Corporate Social Responsibility in India: Cases and Development after the Legal Mandate' in India (2017), 'Mandated Corporate Social Responsibility: Evidence from India' (2019) and 'Corporate Social Responsibility in Rising Economies: Fundamentals, Approaches and Case Studies' (2020) with co-editor, Dr. Rene Schmidpeter (Germany) that has been published by Springer International (Switzerland). Recently she edited the special issue 'Business and Benevolence' of the 'Journal of Human Values' by the Indian Institute of Management, Kolkata (India) along with Fullbright scholar Dr. Deonnie Moodie, Assistant Professor of South Asian Religions at University of Oklahoma, USA. She spearheads the India CSR Leadership Interview Series by India CSR, where she brings together the collective thoughts, ideas and practices of distinguished corporate leaders on Sustainability and CSR. Dr. Mitra is the recipient of the prestigious Author Award at the Indian CSR Leadership Summit three years in a row: 2017, 2018 and 2019; adjudged as one of the 25 most impactful CSR Leaders in India 2019 and many other international awards for her contribution to CSR and recognised as an Exceptional Woman of Excellence at the Women Economic Forum, 2019 (New Delhi, India).

For further clarification, please contact the undersigned

Rahul Bhatia
Center for Management Education (CME)

All India Management Association

15, Link Road, Lajpat Nagar - 3,

New Delhi, India-110024

Phone : 011-47673000/011, 49868399, Ext. 722

Email : rbhatia@aima.in

Website : www.aima.in

Enrolment & Registration Process

You can enrol in the programme by registering online.
For online registration CLICK HERE
The first batch is going to start from July 2021 onwards.

Programme Fee:

Institutional Rate (to be charged from institutions)

1 - 10 students ₹ 11,800/- per student
11 - 30 students ₹ 10,620/- per student
31 – 60 students ₹ 9,440/- per student
Above 60 students ₹ 8,260/- per student

Individual Rate (to be charged from students seeking admission through open route)

₹ 11,800/- per student
*(including GST @18%)

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