Tier 8: Blended Executive Program in Sustainable Carbon Management or NET Zero Carbon & ESG for MBA and BBA Industry Entry Level Course
Program Overview
This comprehensive program provides an in-depth understanding of achieving net zero carbon goals within a business context. It integrates various aspects of sustainability, green finance, strategic management, and innovative technologies, focusing on both national and international perspectives. Participants will gain practical insights through case studies, real-world applications, and expert-led discussions, preparing them to implement effective carbon reduction strategies in their organizations.
To equip MBA and BBA graduates with specialized knowledge and practical skills in sustainable carbon management, Net Zero Carbon, and ESG (Environmental, Social, Governance) principles. This program prepares them for industry entry-level roles, incorporating recent job descriptors, NEP 2020, and NAAC requirements. The program features multiple exit pathways and includes mentorship to facilitate transition into compliance and supply chain segments.
Program Objectives
- Understand the key principles of carbon management and net zero goals.
- Analyse national and international policies and regulations governing carbon emissions.
- Develop strategies for carbon efficiency and sustainable supply chains.
- Implement carbon offset projects and leverage technological innovations.
- Apply green credit and eco-labelling schemes.
- Conduct green audits and understand sustainable reporting practices.
- Design comprehensive net zero carbon plans tailored to business needs.
- Foster entrepreneurial skills in the context of sustainability.
- Explore sustainable finance mechanisms and their applications.
Program Outcomes
By the end of this program, participants will be able to:
- Articulate the principles and strategies of carbon management and net zero goals.
- Evaluate the impact of environmental policies on business operations.
- Develop and implement effective carbon efficiency solutions.
- Conduct carbon footprint assessments and apply carbon abatement technologies.
- Leverage green credit schemes and eco-labelling for sustainability.
- Perform green audits and prepare sustainability reports.
- Create and implement comprehensive net zero plans.
- Utilize green finance instruments such as green bonds and sustainable investments.
- Analyse real-world case studies and apply lessons learned to their own organizations.
Module Breakdown –
Module 1: Foundations of Net Zero Carbon and Sustainability (5 hours)
- Key Principles of Carbon Management:
- Basics of carbon emissions and climate change.
- Understanding net zero goals and decarbonization strategies.
- Overview of India-specific GHG programs (Revised NAPCC 2021).
- Global and National Policies and Regulations:
- Examination of international policies like the Paris Agreement.
- National policies and regulations governing carbon emissions.
- Role of governments and financial institutions in climate finance.
- Green Banking and Sustainability:
- Introduction to green banking.
- Role of financial institutions in promoting sustainability.
- Case Study: Tata Group’s approach to sustainability and net zero goals.
Module 2: Circular Economy and Supply Chain Management (5 hours)
- Concept of Circular Economy:
- Principles of a circular economy and the 10 R’s.
- Steps towards implementing a circular economy.
- Sustainable Supply Chain Management:
- Strategies for integrating sustainability into supply chains.
- Examples of successful sustainable supply chain practices.
- Environmental Policies and Regulations:
- National and international environmental policies and regulations.
- Compliance requirements and best practices.
- Case Studies:
- IKEA: Implementing circular economy principles in their supply chain.
- Nike: Sustainable supply chain initiatives and the Move to Zero campaign.
Module 3: Carbon Pricing, Trading, and Markets (5 hours)
- Fundamentals of Carbon Pricing:
- Carbon taxes, cap-and-trade systems, and market-based mechanisms.
- Global and Voluntary Carbon Markets:
- Introduction to international agreements like Kyoto and Paris.
- Mechanisms of voluntary carbon markets and carbon offset standards.
- Emission Trading in India:
- Performance analysis of PAT schemes, ESCerts, and RECs.
- Future directions for carbon trading in India.
- Case Studies:
- H&M: Participation in voluntary carbon markets and sustainability initiatives.
- Adidas: Carbon offset projects and carbon neutrality goals.
Module 4: Green Finance and Investments (5 hours)
- Green Bonds and Investments:
- Introduction to green bonds, their pricing, and valuation.
- Overview of the global and regional green bond market.
- Sustainable Finance Mechanisms:
- Concessional finance, blended finance, and green loans.
- Assessing the impact of sustainable finance instruments.
- Green Credit and Eco-labelling Schemes:
- Implementation of green credit initiatives.
- Importance and processes of eco-labelling schemes.
- Case Studies:
- World Bank: Green Bond program and sustainable investments.
- Coca-Cola: Eco-labelling and green finance initiatives.
Module 5: Green Credit Scheme and Eco-labelling Scheme (5 hours)
- Green Credit Scheme (GCP):
- Overview of GCP and its objectives.
- Financial incentives for environmentally friendly practices.
- Case studies of successful GCP implementations.
- Eco-labelling Scheme of MoEFCC:
- Introduction to the eco-labelling scheme.
- Criteria for eco-labelling and its impact on consumer behavior.
- Case studies and best practices.
- Integration of GCP and Eco-labelling in Business:
- Strategies for businesses to leverage GCP and eco-labelling.
- Benefits of these schemes for sustainable business practices.
- Case Study: Implementation of GCP by ITC Limited.
Module 6: Sustainable Reporting and Disclosure Practices (5 hours)
- Sustainability Reporting Frameworks:
- Drivers of sustainability reporting.
- GRI, UN Global Compact, and Principles of Responsible Investing.
- Business Responsibility and Sustainability Reporting (BRSR):
- Understanding BRSR requirements and processes.
- Comparison with other reporting frameworks like ESG, SRI, and impact investing.
- Green Audit Practices:
- Importance of green audits for sustainability.
- Processes and best practices for conducting green audits.
- Case Studies:
- Infosys: Sustainability reporting practices.
- Nike: Business responsibility and sustainability reporting.
Module 7: Machine Learning for Climate and Carbon Finance (5 hours)
- Machine Learning and its Applications in Climate Finance:
- Introduction to opportunities for ML in climate action and finance.
- Basics of ML, model accuracy, and applications in climate finance.
- Supervised and Unsupervised ML Models:
- Regression and classification problems, neural networks, clustering methods.
- Predicting corporate carbon footprints and analysing green bond markets.
- Sentiment Analysis and Explainable AI Techniques:
- Investor climate sentiment and financial markets.
- Techniques to make ML models interpretable.
- Case Study: Predicting carbon footprints using ML by IBM.
Module 8: Creating and Implementing a Net Zero Plan (5 hours)
- Developing Net Zero Plans:
- Designing comprehensive net zero carbon plans tailored to business needs.
- Accounting procedures, data collection, and computation tools.
- Carbon Footprint Assessments:
- Techniques for measuring carbon footprints.
- Implementing carbon abatement technologies.
- Policy Advocacy and Stakeholder Participation:
- Engaging stakeholders in climate action.
- Advocacy strategies for effective policy implementation.
- Case Studies and Real-world Applications:
- Success stories from various industries.
- Lessons learned and best practices for achieving net zero goals.
- Case Studies:
- Reliance Industries: Net zero initiatives.
- Coca–Cola: Carbon footprint assessments and abatement technologies.
NAAC Metrics Coverage
- Criteria 1: Curricular Aspects
- Criteria 2: Teaching-Learning and Evaluation
Alignment with Job Market and Industry Trends
- Recent Job Descriptors: Program content reflects current job market demands, preparing graduates for roles in sustainability, ESG compliance, and corporate responsibility.
- Fourth Industrial Revolution: Emphasis on digital skills and data analytics to align with Industry 4.0.
- Pedagogy of Employment: Focus on experiential learning and real-world applications to enhance employability and industry readiness. Industry mentors will guide students, facilitating their transition into compliance and supply chain segments.
This program equips participants with the knowledge and tools needed to drive sustainability and achieve net zero carbon goals in their organizations, fostering a greener and more sustainable future.