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Businesses that prioritize sustainability are better positioned for long-term success. Larry Fink, the CEO of BlackRock, one of the world’s largest investment firms, recently emphasized to CEOs in his portfolio that “climate risk is investment risk” and that “ultimately, purpose is the engine of long-term profitability” (2020).  Fink’s message highlights that the most promising long-term investments are in businesses committed to sustainability—those addressing climate risks, responsibly sourcing products, and supporting people throughout their value chain.

At the Leeds School of Business, I teach Sustainable Operations (MGMT 4130/CESR 4130), an undergraduate course that tackles these pressing business challenges. In this course, students discover how private companies are not only tracking their sustainability progress but also pioneering solutions to global problems. From tech to retail, finance to food, we delve into industry-specific challenges and explore a variety of solutions. Through guest lectures, case studies, sustainability games, and product impact analyses, students develop skills to lead in this evolving landscape.

This curriculum reflects my own career journey innovating sustainability solutions across the private and public sectors. I have witnessed the evolution of sustainability in businesses from niche issue to a mainstream priority. Growing consumer demand and increased risks are driving action, with 95% of large companies now reporting on sustainability. The most successful businesses recognize that sustainability is everyone’s responsibility, from management to supply chain, product development, marketing, accounting, and finance. There is also a growing need for entrepreneurs to meet the changing market demands shaped by sustainability.

No prior knowledge of sustainability is required to enroll in this course. We begin with the fundamentals: the building blocks of business sustainability, such as energy use, transportation, buildings, agriculture, water, and waste. Students explore key concepts like the circular economy and its implications for supply chains. Additionally, they learn to use tools such as life cycle assessment, carbon reporting, and carbon offset strategies. While the course primarily focuses on environmental impacts and solutions, it also incorporates discussions on how environmental decisions intersect with social responsibility and governance (ESG) considerations.

This course also counts toward the CESR Social Responsibility & Ethics Certificate, which any Leeds student can add to their degree. It’s an opportunity to not only prepare for careers in sustainable business but to become part of the next wave of leaders and innovators driving positive global change.

Fink, L. (2020). A fundamental reshaping of finance. BlackRock.