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

    Upon completion 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

     

    General competence:

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

  • Teaching

    Teaching

    In class, we discuss the most important sustainability accounting and finance concepts and initiatives as decribed in the course literature. We discuss the strength of but also limits to the accounting and finance methods by examining real life cases, for example how Statkraft measures the sustainability of their hydropower projects. To be able to participate in these discussions, students are expected to read the course literature and watch related videos on Itslearning before class.

     

    At the end of the course, students should be able to propose suitable sustainability accounting and finance methods and master them on a basic level. To acquire these skills, we work with a case throughout the course. We work with the course case in groups and each group presents and receives feedback on their work at different stages. The final report and presentation is a course requirement.

  • Restricted access

    Restricted access

    40 students

  • Requirements for course approval

    Requirements for course approval

    Group work presentation and written hand-in. Graded approved/not-approved

  • Assessment

    Assessment

    4 hours 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.

  • 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