About

The initiative

Conception

In 2020-2021, ESCP Business School developed a 16h mandatory course on Sustainability for the 800 students of the 1st year Masters in Management. That course designed under the lead of Aurélien Acquier and Valentina Carbone is an introduction to many sustainability knowledge: planetary limits, climate change, biodiversity loss, anthropocene, governance, etc.

Considering the central role of energy and its core link with both the climate change and the development of our societies, the course Energy, Business, Climate & Geopolitics was designed as a complementary elective 30 hours course for Masters 2 business students by Pierre Peyretou, Alexandre Joly, Aurélien Acquier and Charles Sirot.

Since January 2021, the course has been given in 3 editions and keeps evolving fast. The teachers improve continuously the pedagogical materials to provide courses and workshops as dynamic, interactive and efficient as possible.

This approach has been strengthened with the arrival of Hughes-Marie Aulanier, Auriane Clostre and Eliott Rabin.

The present website opening the course to the public has been designed and edited by Pierre Peyretou with the support of the Communication Team of ESCP.

Fast-Track on Energy & Climate for Business Students

Student Growing Demand & Very Positive Feedbacks

Statements

Urgency to Educate: 5 Gaps

Paris Agreement objectives imply an urgent reduction of the amount of energy mobilize by our societies, these domains are only marginally and superficially covered in higher education, especially in business schools ("Student Manifesto for Ecological Wakeup" - Pour un Réveil Ecologique, "Mobilize higher education for climate" - The Shift Project)

In France, experts such as Jean-Marc Jancovici and the Shift Project have brought them to a broader audience. While these contents are essential for understanding the fundamental terms of the energy and climate equation, their huge business implications remain largely uncovered. From the perspective of a business leader:

  • What are the implications of the Paris Agreement for societies, economies and organizations?
  • At the micro level, what are the objectives to set for a company to conduct an appropriate climate strategy
  • Who bears the costs and how do we manage the risks, investments and process of change needed to adapt organizations?
  • How should business contribute to sectorial, national and international regulations to design a relevant regulatory framework?

1. Climate Objectives vs. Actual Business Transformations.

2. Systemic Thinking vs. Silo Myopia

3. Real-life Tangible Description vs. Abstract Trajectories

4. Ambitious Strategic Business Shifts vs. Management Herd Behavior

5. Eco-anxiety vs. Denial & Cynism

Objectives

1. Scale Climate & Energy Education

2. Transmit & Build new Skills

3. Prepare for "what's coming"

Next Steps

Deploy & Replicate

Business schools need to invest a lot of resources and time to scale multidisciplinary research and education on planetary boundaries.

Many reasons motivated ESCP Business School to publish the course in open access as Creative Common:

  • Give access to the ESCP students unable to follow the course (other programs, countries, etc.) as well as teachers (strategy, finance, marketing, operations, HR) and alumni.
  • Give accessy to students and teachers of other business schools: the urgency to act is such that collaboration amongst them should be developed to the largest extent.
  • Give access to external actors such as companies and public organizations.
  • Spread the knowledge on a wider scale, gain insights on experiments conducted in the business world by reinforcing links with alumni, students, professors, administration (ESCP Transition Network)
  • Promote and enact active collaboration and sharing with other higher education institutions (engineering, agriculture, social science, etc.), and especially with other business schools. Considering the urgency to act, classic competitive boundaries must be radically challenged in order to find collective solutions. Give the opportunity to re-use directly and build on rather than starting all over again for each actor.
  • The large majority of the scientific reports (IPCC) and pedagogical content (Climate Fresk, Nos Gestes Climats) with which the teachers learnt and built the course on are free and in open access.

Collaboration with a dynamic Ecosystem

Projects on the list