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MAE233 - Business and Climate Change

Year:

2024 unit information

Enrolment modes:Trimester 1: Burwood (Melbourne), Online
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 1: Hemant Pullabhotla
Previously:Business and the Environment
Prerequisite:

Nil

Corequisite:Nil
Incompatible with: Nil
Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

This will include educator guided online learning activities within the unit site.

Educator-facilitated (scheduled) learning activities - on-campus unit enrolment:

1 x 2 hour on-campus lecture each week (recordings provided) and 1 x 1 hour on-campus seminar (recordings provided) each week 

Educator-facilitated (scheduled) learning activities - online unit enrolment:

1 x 2 hour recoded lecture each week and 1 x 1 hour online seminar each week

Content

Our world is facing several existential challenges; but there is little doubt climate change is one of, if not the biggest looming threat to our current way of life. Consequently, businesses have increasingly started to prioritise sustainability initiatives and adapting their practices to a new climate-normal. Companies are often confronted with new climate policies and events like emissions reduction targets, carbon prices, increased uncertainty due to elevated magnitude and frequency of extreme disaster events giving birth to a paradigm shift in business decision making. To enable our graduates to navigate these changing times, this unit will explore key business decision making tools and concepts including:

  • A new business paradigm to address climate change
  • Methods of valuing environmental intangibles 
  • Key concepts of environmental cost-benefit analysis (eCBA)
  • Government interventions like emissions reduction target and carbon pricing
  • Internal organisational Environment, Sustainability and Governance (ESG) strategies 
  • National and international climate negotiations
ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes
ULO1

Critically analyse major climate change related issues that can affect businesses. 

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking

ULO2

Critically evaluate the roles of businesses both locally and internationally in addressing climate change for greater sustainability. 

GLO4: Critical thinking
GLO8: Global citizenship

ULO3

Evaluate the effectiveness of policy interventions towards addressing environmental challenges. 

GLO1: Discipline-specific knowledge and capabilities
GLO4: Critical thinking

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)		 Indicative due week
Assessment 1: (Individual) Report (Research) 1500 words 30% Week 6
Assessment 2: (Group of 3) Case study 3000 words 40% Week 10
Assessment 3: (Individual) Problem based written assignment 1500 words 30% Week 11

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Learning Resource

The texts and reading list for the unit can be found on the University Library at the link here: MAE233 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

Unit Fee Information

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