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Ethical and Sustainable Business

Course Code :2102TEWMBA
Study domain:Philosophy and Ethics
Academic year:2019-2020
Semester:2nd semester
Contact hours:30
Study load (hours):84
Contract restrictions: No contract restriction
Language of instruction:English
Exam period:exam in the 2nd semester
Lecturer(s)Hans Verboven

3. Course contents *

This course covers corporate responsibility, morality and sustainability. It has three main parts:

Part 1: Ethics and morality in business

  • History of ethics in business
  • Origins, stakeholder theory, basic philosophy
  • Utilitarianism vs Kant
  • Behavioural economics
  • Affirmative action, code of conduct, integrity, product liability, executive compensation, etc.

Part 2: Corporate responsibility and sustainability in theory

  • Shared value creation, social profit, social entrepreneurship
  • Sustainable HR
  • International benchmarks and standards: ISO 26000, GRI, EMAS, etc.
  • Sustainable development
  • New business models for sustainability: SWOT- helicopter view

Part 3: Corporate responsibility and sustainability in practice

  • Implementing sustainability in the value chain of a company: products, operations, organisation and HR
  • How to apply a management approach to sustainability
  • Drawing inspiration from Lean, TQM, 5 and 6SIGMA, KAIZEN, change management