Sushil Kumar, a professor at the Indian Institute of Management – Lucknow (IIM-L), one of the top of MBA schools in the country, writes about the newly introduced “Corporate Environmental Management and Carbon Markets” course.
Professor Kumar points to the increasing interest from large corporates from the Indian industry who are interested in the Clean Development Mechanism and he actually puts a number on the certified emission reduction (CER) units per year available in India right now at USD 2 billion.
In this scenario he believes it is important that B-Schools take up the initiative to train managers for a changing future.
The objectives of the course on Corporate Environmental Mangement and Carbon Markets are as follows:
- To provide an overview of global and national environmental policy/law issues.
- To discuss the Environmental Impact Assessment (EIA), Environmental Management Plan (EMP), and Environmental Management Systems (EMS).
- To examine and analyse various strategies of environmental management.
- To describe implementation of the Kyoto Protocol and understand Emission Trading Systems.
- To understand the Clean Development Mechanism from the perspective of business in India.
This is great stuff. In my MBA, I had to struggle to find courses which would help to understand this field from a business point of view better.
I decided to do an elective in Environmental and Resource Economics from the Economics department in Adelaide University which provided the theory and a self-managed course in Environmental Accounting provided a practical grounding. And, all through the MBA I took the time to read books, follow stories and people to connect the learnings in the MBA to the green new world of the future. For more information on what I did and the books I read check the post Life Study – Continous Personal Development.
I hope more schools around the world take the tip from IIM-L.
