Consumers, firms and governments operate within a social and ecological environment that increasingly constrains their choices and actions. Are the processes and outcomes in our economy delivering economic justice and fairness? Can we manage and mitigate social tensions linked to inequality and ageing within the dynamics of globalisation while safeguarding consumer protection? And how can we collectively and individually navigate the ecological constraints placed on economic systems amid environmental change?
This course focuses on equipping you with the knowledge and tools to analyse these challenges and to understand how economic systems can transition toward sustainability while balancing environmental, social and economic priorities. It examines the roles of different stakeholders and frameworks in fostering sustainable development within the international business environment, preparing you to apply these insights to your own organisation and context.
Sustainability and the Sustainable Development Goals (SDGs) are critical in addressing these global challenges. Integrating green and alternative energy solutions, advancing energy management and policy, and transitioning towards a climate-neutral economy are essential for long-term resilience. By embedding sustainable practices, promoting renewable energy and a circular economy, supporting local economies, and encouraging responsible consumption and production alongside the work of NGOs and non-profits, we can work towards a more equitable and resilient economic system that respects the ecological boundaries of our planet. Applying the economics of climate change to decision-making helps ensure that strategies not only address immediate challenges but also contribute to a fairer and more sustainable future.
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