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MAE233 - Business and Climate Change

Year	2025 unit information
Enrolment modes:	Trimester 1: Burwood (Melbourne), Online
Credit point(s):	1
EFTSL value:	0.125
Unit Chair:	Trimester 1: Shuddha Rafiq
Previously:	Business and the Environment
Prerequisite:	Nil
Corequisite:	Nil
Incompatible with:	Nil
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
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.

Content

Our world is facing several existential challenges. 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 students to navigate these challenging 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

Learning outcomes

ULO	These are the Unit Learning Outcomes (ULOs) for this unit. At the completion of this unit, successful students can:	Alignment to Deakin Graduate Learning Outcomes (GLOs)
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) Report (Analytical)	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 MAE233 can be found via the University Library.

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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