The course aims to provide students with an initial understanding of the fundamental concepts related to sustainability, with a focus on the role it plays for businesses. The goal is to help develop a critical and informed view of the topics covered, relating the economic, environmental and social dimensions of sustainability to corporate choices and responsibilities.
During the course, both theoretical and more operational and managerial aspects will be addressed, with reference to institutional actors, regulatory developments and the tools that companies use to govern and communicate sustainability.
The overall objective is to provide students with useful tools to begin to understand how sustainability can be integrated into business management and how it can represent not only an obligation or constraint, but also an opportunity for businesses. In particular, it will highlight how today it is no longer possible for a company to be truly sustainable without communicating it clearly and transparently, just as credible and consistent communication cannot be done without substantial commitment.
During the course, both theoretical and more operational and managerial aspects will be addressed, with reference to institutional actors, regulatory developments and the tools that companies use to govern and communicate sustainability.
The overall objective is to provide students with useful tools to begin to understand how sustainability can be integrated into business management and how it can represent not only an obligation or constraint, but also an opportunity for businesses. In particular, it will highlight how today it is no longer possible for a company to be truly sustainable without communicating it clearly and transparently, just as credible and consistent communication cannot be done without substantial commitment.
teacher profile teaching materials
• Sustainability and sustainable development: Raworth’s model; examples of unsustainability (CO₂ emissions, NEETs); the path up to 2015, the SDGs and the Paris Agreements, recent developments.
• The relevance of SDGs globally and in the Italian context.
• Impact investing; ethical and green finance; focus: green bonds and Regulation (EU) 2023/2631.
• Greenwashing and other forms of “washing”; Directive (EU) 2024/825.
• Sustainability at the core of corporate governance: regulatory developments and economic convenience profiles.
• New professions, new markets, new rules.
• Brief review of basic concepts of corporate governance: legal entity (classification of legal persons, corporations, and full patrimonial autonomy); economic entity (definition, requirements, identification); main features of companies (activities, size, ownership structure, possible issuance of securities on regulated markets, corporate governance structure); corporate bodies in different governance models; traditional model: composition, tasks, responsibilities, and functioning of corporate bodies; case studies.
Part Two: Corporate Sustainability
• Sustainability references in the corporate bylaws and Benefit Corporations under Italian Law no. 208/2015.
• Sustainability in corporate governance according to the Corporate Governance Code for listed companies.
• Sustainability in business strategies and plans.
• Sustainability in key personnel remuneration and HR policies.
• ESG reputation: external ratings, major rating agencies, critical issues, Regulation (EU) 2024/3005.
• Integrated enterprise risk management extended to ESG risks: ERM approach, sustainability-oriented governance, risk culture, systemic mapping, risk identification and prioritization, involvement of all business functions, connection with strategy and support for long-term objectives.
• Stakeholder Analysis and Strategic Management: Theories, Methods, and Practical Tools.
• Sustainability reporting: introductory concepts, CSRD and Legislative Decree 125/2024, EU Taxonomy, double materiality, reporting principles and frameworks, sustainability reporting governance, reporting process, roles and responsibilities of corporate bodies and functions, European standards (ESRS) and international frameworks, other major standards (GRI, SASB, TCFD, ISSB, etc.), future perspectives.
• Sustainability as a path of evolution.
• Italian SMEs: perspectives, key challenges, ESG profiles as access keys, the fundamental role of consultants and associations.
Part Three: Basic Elements for Sustainability Research
• Source quality and the CRAAP method.
• Systematic literature reviews and the use of citation databases.
• Roma Tre Discovery and Roma Tre databases.
Fruizione: 21201404 ECONOMIA AZIENDALE AMBIENTALE E IMPRESA SOSTENIBILE in Economia e gestione aziendale L-18 R PIERI VALERIO
Programme
Part One: Introductory and Framework Concepts• Sustainability and sustainable development: Raworth’s model; examples of unsustainability (CO₂ emissions, NEETs); the path up to 2015, the SDGs and the Paris Agreements, recent developments.
• The relevance of SDGs globally and in the Italian context.
• Impact investing; ethical and green finance; focus: green bonds and Regulation (EU) 2023/2631.
• Greenwashing and other forms of “washing”; Directive (EU) 2024/825.
• Sustainability at the core of corporate governance: regulatory developments and economic convenience profiles.
• New professions, new markets, new rules.
• Brief review of basic concepts of corporate governance: legal entity (classification of legal persons, corporations, and full patrimonial autonomy); economic entity (definition, requirements, identification); main features of companies (activities, size, ownership structure, possible issuance of securities on regulated markets, corporate governance structure); corporate bodies in different governance models; traditional model: composition, tasks, responsibilities, and functioning of corporate bodies; case studies.
Part Two: Corporate Sustainability
• Sustainability references in the corporate bylaws and Benefit Corporations under Italian Law no. 208/2015.
• Sustainability in corporate governance according to the Corporate Governance Code for listed companies.
• Sustainability in business strategies and plans.
• Sustainability in key personnel remuneration and HR policies.
• ESG reputation: external ratings, major rating agencies, critical issues, Regulation (EU) 2024/3005.
• Integrated enterprise risk management extended to ESG risks: ERM approach, sustainability-oriented governance, risk culture, systemic mapping, risk identification and prioritization, involvement of all business functions, connection with strategy and support for long-term objectives.
• Stakeholder Analysis and Strategic Management: Theories, Methods, and Practical Tools.
• Sustainability reporting: introductory concepts, CSRD and Legislative Decree 125/2024, EU Taxonomy, double materiality, reporting principles and frameworks, sustainability reporting governance, reporting process, roles and responsibilities of corporate bodies and functions, European standards (ESRS) and international frameworks, other major standards (GRI, SASB, TCFD, ISSB, etc.), future perspectives.
• Sustainability as a path of evolution.
• Italian SMEs: perspectives, key challenges, ESG profiles as access keys, the fundamental role of consultants and associations.
Part Three: Basic Elements for Sustainability Research
• Source quality and the CRAAP method.
• Systematic literature reviews and the use of citation databases.
• Roma Tre Discovery and Roma Tre databases.
Core Documentation
Lecture notes, case studies, and reading materials will be provided through the Teams platform.Attendance
Attendance is not mandatory but highly recommended.Type of evaluation
For attending students: Assignments will be given during the course solely to verify attendance and allow students to self-assess their acquired knowledge. The final grade will be determined by the instructor based on a combination of two components: • A written test during the official exam sessions; • An oral presentation, consisting of a group project on a topic agreed upon with the instructor. The written test will include true/false statements and open-ended questions. Presentations will be scheduled on two dates: one just before the exam session starts and the second at the end of the session. Each group will decide when to present their work. For non-attending students: The exam will consist of a written test and, at the instructor’s discretion based on the written results, a possible oral exam. The written test will include true/false statements and open-ended questions.