SVKM’s NMIMS ASMSOC – Course Outline

Course Code 742GM0C007

Course Title Environmental Management & Corporate Social Responsibility
Course Prof. Neelesh Kumar, Dr. Vaibhavi Dalvi
Instructor/s
Course Credit 4
Program and B.Com.(Hons.) Semester - V
Semester
Pre-Requisite Pre-reading material, Lectures, Documentaries, Newspaper Articles, Ted Talks,
Business Interviews, Case Studies & Movies

Learning  To make students critically and analytically understand concepts like

Objectives business sustainability, environmental crisis and response of different
stakeholders to such problems. (PLO 4a)
 To understand the basic concept of ethics as an individual, ethics of a
business entity and ethics of society as whole. (PLO4b)
 To make students understand and be sensitive to the global challenges
of Climate Change and explore the business opportunities to mitigate
climate Change issues.(PLO4)
 To make students analyze the areas, dynamics & relevance within
which social enterprise(s) operates and its overall positive impact
especially for Third World Nations like India.(PLO 4c)
 Help them understand and apply the concepts and develop skills
within Behavioral science to bring about environmental friendly
behavior for multiple stakeholders. (PLO 2a)
 Creating Social sensitivity and understanding CSR, Ethical and
Sustainable business practices.(PLO 4a)
Learning  This course will equip student with right tools to identify the ethical
Outcomes dilemmas and understanding of tools to enable ethical decision
making.(CLO1)
 This course will make students aware of psychological biases that
prevent ethical conduct in business and various situations.(CLO2)
 This course gives an opportunity to learn about global trends that
influence our environment and the living conditions and how
different management systems and approaches that are used around
the world to manage the environment.(CLO3)
 It explores the idea of how to become a stakeholder entrepreneur and create
a business that grows sustainably & exponentially and also makes the
world a better place to live.(CLO4)
 Students should be able to demonstrate ability to evolve
Environmental friendly & Sustainable business strategies.(CLO4)
Course The course intends to provide orientation to students on Ethics and ethical
Description aspects in business, which each one needs to be aware of. The course will provide
exposure to students on the ethical dilemmas which occur in professional,
business and personal life. It would also show how to deal effectively with such
situations. The Course intends to provide knowledge to students on the
solutions which are available to management professionals, in terms of
companies & individuals being sensitive to the environmental and social
problems. At the same time, it also seeks to make them sensitive to such
problems and seek proactively for solutions to the environmental problems
without losing focus on doing business.
1
 Evaluation Specific % AOL Intended CLOs to be Assessed
Pattern(ICA- 50 Assessment Weightage Instruments
Marks; Methods /
TEE- 50 Marks)
Task
CL C CL CLO CL
L O 4 O
O1 O2 3 5
ICA 1-Mid-term 20% (20 Subjective & ✔ ✔
test (Timeline – marks) application
6th – 8th October, based
2022) questions

ICA 2- 15% (15 Case ✔ ✔ ✔

Assignments marks) Studies
(Time line – 3 from
Assignments of different
equal marks modules
would be
assigned on a
continuous basis
to students)

ICA 3 – Project 15% (15 Project ✔ ✔ ✔ ✔

Work &/ marks) topics for
Presentation report
(Timeline:- Both writing to be
issue & given to
submission groups
would happen in
August 2022)

Term-end exam 50% (50 ✔ ✔ ✔ ✔

marks)

Course Session Plan

Session Topics / Module Chapters (Mention Page

Numbers) / Articles / Cases /
Material and
Activities
1. Introduction to Environment and its components Ch-1, Rajagopalan
2 Introduction to Environmental Crisis Ch-1, Rajagopalan
3 Climate change: Cause, Consequences, measures and Ch-14, Rajagopalan, HBS Article
strategies deployed by companies
4 Role of Business in Environment Degradation Cases (Union carbide) Online
sources
5 Environmental Impact Assessment (EIA) - Three Core Online sources, Ch-14,Rajagopalan
Values of EIA, EIA in India, Strategic Environmental
Assessment
6 Life Cycle Assessment Online sources
7 Introduction to Social Issues, Crises, Challenges. Online sources
8 Role of Business in Social Degradation Cases (Online sources, case studies
2
 9 Responsibility of Business in Social Development. Case studies, online sources
10 Global Environmental Management- Ch-19, Rajagopalan
Sustainable Development Goals (17 SDGs) Online sources
Business Sustainability (Definition, Issues & Challenges, wbcsd.org
Strategies)
11 ESG Framework: Measurement & reporting https://www.pwc.com/gx/en/issu
es/esg.html?WT.mc_id=CT3-PL300-
DM1-TR2-LS4-ND30-TTA9-CN_the-
new-equation-
esg&gclid=EAIaIQobChMIpdj2u9fP
-
AIV7dVMAh2sEwGZEAAYAiAAE
gLAK_D_BwE&gclsrc=aw.ds
12 Recapitulation: Case Study Discussion / Documentary
review
Learning Outcome: Introduction to new age social and
environmental issues and Role of human decision-
making.
13 Module II: Ethics: Values & Moral- Definition, types and Ch-1, E-Fisher & Lovell
relevance
14 Environmental ethics: Anthropocentrism V/s non doi:10.3197/096327107780474555
Anthropocentrism
15 Teleological Vs. Deontology: Utilitarianism, www.ethicsunwrapped.utexas.edu
Consequentialism,
16 Virtue Vs. Ethical Egoism: Virtue ethics; https://doi.org/10.1007/978-981-
Communitarianism; 15-4956-4_6
17 Environmental Ethical Dilemmas-Power & Inequality Online sources
18 Environmental Ethical dilemmas – Power & Inequality Online sources
19 Behavioral ethics: Altruism; Bounded ethicality; Conflict www.ethicsunwrapped.utexas.edu
of Interest;
20 Behavioral Biases: Framing; Conformity Bias; Moral www.ethicsunwrapped.utexas.edu
equilibrium;
21 Behavioral Biases: Moral Muteness; Moral myopia; Self- www.ethicsunwrapped.utexas.edu
serving Bias,
22 Stakeholder Analysis (Mendelow’s Matrix) Online sources, PPT
23 Technology Assessment Online sources, PPT
24 Recapitulation
Learning Outcome (Module II): Introduction to ethical
dilemmas, ethical responsibilities and models to solve
dilemmas.
25 Module III:- Behavioral Economics and Decision E-book by Thaler & Sunstein
Making
26 Two types of thinking : Rational & reflexive Online sources
27 Nudge- characteristics & benefits Research papers, cases, online
source
28 Book review: The Nudge by Richard H.Thaler & Cass R E book – Thaler & Sunstein
Sunstein
29 Types of Nudge: Subtle Suggestions; The Default https://dash.harvard.edu/bitstrea
Option; Social Norming and Misperceptions; m/handle/1/16205305/shortguide
simplification; a direct reminder 9_22.pdf

3
30 Use & Application of Nudge Theory to ensure/enable The Green Book of Nudge
Pro-Environmental behavior
31 Behavioral Design: Use of Behavioral Science (including Research papers:
Nudging/ the Nudge theory in Solving Social and
Environmental Issues
32 Factors considered while creating Nudge: Psychological Online sources, Research papers
& social Context; Choice Architecture; Behavioral change
33 Nudge Strategy: The process of nudging & steps to Online sources
create a nudge
34 Companies using Nudge Theory to ensure/enable Pro- Case study examples, HBR Articles
Environmental behavior
35 Case studies illustrations on Nudging Online sources
36 Recapitulation
Learning Outcome (Module III): Introduction to
behavioral science and its use in combating social and
environmental issues.
37 Module IV:- Role of Business in Society- Social Ch-1, Bornstein & Davis
Entrepreneurship & millennials (New age solution for
new age social and environmental issues)
38 Social Impact, Social Enterprise and Social Innovation Ch-2, Bornstein & Davis
39 Design Thinking in Social Innovation and Its Application E-book – Handbook of design
thinking, other online sources
40 Roadblocks & Challenges in starting and/or managing a Bornstein & Davis, Research papers
social enterprise
41 The emergence of “Social Intrapreneurism’ Online sources
42 Scalability of Social Entrepreneurship- Problems & Research papers, cases
Strategy
43 Social Entrepreneurship- Funding, sustainability Research papers
44 Measurement of impact & effectiveness of Social Online sources
Enterprise
45 Measure Social Return on Investment (SROI); Social Online sources, Research papers
Impact Investing (SIE), and SIE Index
46 Measure the impact on Triple Bottom Line Online sources
47 Sharing Economy and Gift Economy (Paid forward Cases (Uber, Lyft, Air bnb),
model) concept Research papers
48 Social Entrepreneurship as a Career option -Challenges Online sources, research papers
& opportunities
49 Recapitulation
Learning Outcome (Module IV):
Introduction to social entrepreneurship and business
models to solve social and environmental issues
50 Module V:- Definition of CSR: Characteristics and its Online sources
drivers
51 Government Policies & Statutory development related to Online sources, SEBI Reports
CSR
52 CSR & Corporate Strategy Ch-12 (SK Mandal), Online sources
53 True Meaning of CSR India CSR Outlook report
54 Cases of CSR in Indian organizations Cases on Indian
companies(Tata,Enron, etc.)
55 Conscious Capitalism :- Definition, components & Online sources, cases (General
metrics Foods)
4
 56 Corporate Social Performance(CSP), Online sources, cases, research
CSP Theory & Strategic CSR papers
57 CSR, Employer Branding & Millennial (Social Identity Research papers, Case studies of
Theory, Signalling Theory & Social Exchange Theory) companies
58 Recapitulation PPT, online & offline content
59 Course revision for End term exam Past years’ question paper
60 Practice Case discussion for End term exam Past years’ question paper
Learning Outcome (Module V) - Introduction
to the true meaning of CSR, some relevant CSR theories
and its role in social Development
Prescribed Text Books:-
1. Environmental Studies – From Crisis to Cure – R. Rajagopalan (Oxford, 3rd
Readi Ed.2015)
ng 2. Social Entrepreneurship: What Everyone needs to know by David Bornstein &
List
and Susan Davis (Oxford University Press)
Refere (DOI:10.1093/wentk/9780195396348.001.0001) Latest edition online print 2020.
nces 3. E- Book – “Nudge: Improving decisions about Health, Wealth & Happiness.” by
Richard Thaler (Yale University Press: 2008)
4. E- Book – Business ethics & values; by Fisher & Lovell, 3rd edition. (Select
chapters)
5. Ethics in Business and Corporate Governance, S K Mandal (Tata McGrawHill, 2nd
Ed. 2012)
References:
 Environmental Management – N. K. Uberoi (Excel Books – 2nd Ed, 2017).
 Environmental Management – Dr. Bala Krishnamoorthy (Pentice Hall – 2003)
3rd Ed.
 White papers, Company reports, research papers, E-books & other online
sources.

Prepared by Faculty Approved by Program Approved by Associate Deans

Members Chairperson
Prof. Neelesh Kumar
Dr. Vaibhavi Dalvi

Approved by I/C Dean –

ASM SOC

Note
1) Books in references and text prior to 2018 are the latest edition/ reprint available.