Measuring Sustainability in Accounting and Finance

ENE432 Measuring Sustainability in Accounting and Finance

  • Topics

    Topics

    Organizations are required to report how sustainable their operations are, i.e. how the environmental and social resources that future generations should inherit are affected by the operations. Recent regulation in both EU and Norway has made it mandatory to report a company¿s sustainability impact. Despite the regulation, expertise in how to measure sustainability performance is still rare. Consequently, the set of knowledge and skills taught in this course is both much needed and valued by employers.

     

    In this course, we analyze different ways of measuring sustainability with common accounting and finance techniques. Which are the methods, techniques and standards for measuring and evaluating sustainability? What can these measurements tell us? What are their limits? How can they be used in a meaningful way?

  • Learning outcome

    Learning outcome

    By the end of the course, the students are expected to be able to:

    Knowledge:

    • account for important sustainability accounting and finance concepts and initiatives with reference to academic literature.
    • discuss the strength of but also limits to accounting and finance methods for measuring sustainability.

    Skills:

     

    • propose suitable sustainability accounting and finance methods.
    • master common sustainability accounting and finance methods and handle their limits.

     

    Competence:

    • analyse sustainability measurement from an academic perspective.
    • analyse sustainability measurement from an professional perspective.
    • communicate appropriately and succinctly, in written and oral presentations, to both academic and professional audiences.

  • Teaching

    Teaching

    In class, we discuss the course literature and apply what we learn from the readings on real life cases, for example how Statkraft measures the sustainability of their hydropower projects. On special occasions, we learn from and discuss with invited guests and industry experts. Students are expected to read the articles and watch related videos on Itslearning before class.

    To practice what we learn, we also work with a case throughout the course. You work with the course case in groups and present it and receive feedback at different stages. The final report and presentation is a course requirement.

    For the course grade, students are graded individually based on the exam.

  • Restricted access

    Restricted access

    40 students

  • Requirements for course approval

    Requirements for course approval

    Group work presentation and written hand-in.

  • Assessment

    Assessment

    4 hours written open book home exam

  • Grading Scale

    Grading Scale

    A-F

  • Computer tools

    Computer tools

    Students are encouraged to bring laptops or tablets to class so that they have the Itslearning documents available during sessions. Students need a computer with internet access for the exam.

  • Semester

    Semester

    Autumn

  • Literature

    Literature

    The literature consists of academic articles and book chapters and is available on Itslearning.

  • Other information

    Other information

    The ethics course ENE432 can be a part of BUS major/minor, ENE major/minor or an elective course.

Overview

ECTS Credits
7.5
Teaching language
 English
Semester
Autumn

Course responsible

 Sabina Du Rietz