MAE233 - Business and Climate Change


2024 unit information

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


Corequisite: Nil
Incompatible with: Nil
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.

Scheduled learning activities - campus

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

Scheduled learning activities - online

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


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

Unit Fee Information

Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.

Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.

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