“Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs.”
(World Commission on Environment and Development, 1987, Our Common Future)The world economy faces acute sustainability challenges. How can we reach economic objectives without irreversibly destroying the natural environment? How can we achieve a more even distribution of resource use and consumption patterns among industrialized and developing countries? Indeed, how can we ensure the economic well-being of the present generation does not compromise the well-being of future generations? Companies and businesses play a crucial role in attaining these goals. This, in turn, emphasizes the relevance of "corporate sustainability" within the field of economic and social sciences as well as business education.
The lectures offered by the Chair of Management and Sustainability provide students the opportunity to gain general, as well as in-depth, knowledge about corporate strategies and management concepts for ecologically sustainable and socially responsible business practices. A key area within our teaching is the "business case for sustainability", i.e. a critical reflection on how corporate strategies can merge economic interests with ecological constraints and opportunities.