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Kirsti Reitan Andersen, Esben Rahbek Gjerdrum Pedersen, Lars Jacob Tynes Pedersen, David Murillo, Ana Lucia Diaz Schiavon, Florian Lüdeke-Freund, and Sveinung Jørgensen

We can no longer ignore humans’ negative impact on the planet. While some parts of the world still can close their eyes to shared and global sustainability challenges, the negative consequences of human activity in other parts of the world have increasingly detrimental effects on the planet and people’s lives. For example, in recent years, global warming is leading to heavy rainfall at unusual times of the year. As a result, in India, some farmers have lost their entire cotton harvest. We also begin to see and understand the negative impacts of global plastic use and waste on nature, animals, and the things we eat.

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We can no longer ignore humans’ negative impact on the planet. While some parts of the world still can close their eyes to shared and global sustainability challenges, the negative consequences of human activity in other parts of the world have increasingly detrimental effects on the planet and people’s lives. For example, in recent years, global warming is leading to heavy rainfall at unusual times of the year. As a result, in India, some farmers have lost their entire cotton harvest. We also begin to see and understand the negative impacts of global plastic use and waste on nature, animals, and the things we eat.

Change towards sustainability needs to happen at many levels of our societies. Global business activities are one of the major causes of the current situation. However, businesses also holds great potential to take the lead in creating more sustainable organizations and practices. In this course, we explore the role that businesses can play in actively transforming their operations and society as a whole towards sustainability and prosperity for all.

This course was created by some of the leading researchers on business model theory and social entrepreneurship in Europe in collaboration with both small and large companies across various sectors investing in sustainable business model innovation. This course provides an overview of sustainable business model theory and innovation and discusses business models as essential tools in transforming to more sustainable businesses. Throughout the course, we will use the theory of sustainable business models and sustainable business model innovation as a foundation to investigate how companies can implement more sustainable business practices. We will provide you with a rich opportunity to examine their efforts and consider strategies for your organization. We would greatly appreciate if you would also enlighten us with business examples from your countries to discover new ways of dealing with sustainability together.

By the end of the course, you will have an understanding of some challenges and opportunities companies face in their work towards creating more sustainable business models. You will be able to explain, discuss, and critically use the sustainable business model theory and tools to manage innovation towards more sustainable practices.

We have developed this course in close collaboration with an amazing group of people who have contributed with their knowledge and practical experiences, and we have learned so much. We are very excited to continue this journey with you and hope you will find the course insightful, useful, and inspiring. Let’s get started!

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What's inside

Syllabus

Introduction to Sustainable Business Models
Over the last two decades, it has become increasingly clear that our current ways of living and organizing are neither environmentally nor socially sustainable. Research shows that current climate changes and dramatic decreases in global biodiversity are a direct result of human activity. Sustainability challenges take many forms. To give an example, research increasingly points to the negative consequences of our global love for plastic. Arguably, plastic has many amazing properties, including being recyclable. However, research also increasingly points to plastic’s detrimental effects on the planet and people—for example, through microplastics ending up in the oceans and then in the fish and seafood that we eat. Some problems that we face with social sustainably are a direct consequence of business activities—for example, exploitation of people in global supply chains in the form of unsafe working conditions or less-than-minimum-wage pay. Exploitation can also take the form of child labor, which continues to be a problem. Social sustainability challenges also arise as a result of global warming, with people already living in precarious conditions often carrying the biggest cost—for example, losing an entire cotton harvest due to heavy rain. In this module, we will begin to see how companies are part of the problem but also part of the solution to the sustainability crisis that the world is facing. Companies can play an all-important role in changing current unsustainable practices through innovative and sustainable products, services, and business models. In this module, we will briefly introduce you to some central problems related to our current ways of running businesses. We will introduce you to the concept of business models and discuss how a sustainable business model is different from what we might think of as a conventional or linear business model. Finally, you will also get to meet the CEO and CMO of the B-Corp Too Good To Go, who will share their experiences setting up a company with a mission of fighting food waste.
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Traffic lights

Read about what's good
what should give you pause
and possible dealbreakers
Explores current problems with business practices and their contributions to sustainability challenges
Examines the potential of business model innovation for promoting sustainability
Provides practical examples from companies and organizations that have successfully implemented sustainable business models
Introduces key concepts, theories, and tools for sustainable business model innovation
Requires students to apply course concepts to a real-world case study
Taught by leading researchers and practitioners in sustainable business
Suitable for learners interested in sustainable business, sustainability management, and social entrepreneurship

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Reviews summary

Strategic business models for sustainability

According to learners, this course offers a comprehensive and holistic understanding of sustainable business models, making it highly relevant for professionals. Students frequently highlight the value of real-world case studies and company interviews, praising examples like Too Good To Go and MUD Jeans. The curriculum is lauded for its well-structured modules, particularly those exploring the circular economy and ecosystem-level change. While some prospective students may find parts of the course introductory or desire more explicit hands-on implementation tools, the consensus indicates it provides a solid strategic foundation for integrating sustainability into business.
Ideal for foundational understanding, may be basic for advanced learners.
"While the initial modules felt a bit foundational for someone already familiar with sustainability concepts..."
"For someone with a basic understanding of business, this course will broaden your perspective significantly."
"I found this course somewhat disappointing. While it touches on important topics, it felt like a broad survey..."
Well-organized content delivered by expert professors.
"A very well-structured course with a clear progression from theory to practice. The lectures were engaging..."
"The course instructors demonstrate deep expertise and deliver the material in a highly accessible way."
"The professors are brilliant, and the content is incredibly relevant."
Explores circular models and systemic change effectively.
"The module on circular business models was a highlight, offering concrete strategies."
"The deep dive into the circular economy and the importance of collaboration was particularly impactful."
"The later modules on sustainable business model ecosystems and specific company examples provided significant value."
Features engaging real-world examples and industry interviews.
"I particularly valued the real-world examples and interviews with companies like Too Good To Go and MUD Jeans."
"The inclusion of diverse company case studies like MUD Jeans and PUMA was incredibly insightful."
"The case studies were compelling and provided good context."
Offers a comprehensive, strategic approach to sustainability.
"This course truly exceeded my expectations! The way it connected abstract concepts of sustainability with practical business model innovation was incredibly insightful."
"Absolutely brilliant! This course provides a holistic understanding of how businesses can drive sustainability."
"I gained a profound understanding of how to integrate sustainability at a strategic level."
One older review noted some examples felt dated.
"Some of the older examples, while interesting, felt a bit dated in their presentation."
"I was hoping for more cutting-edge insights and actionable strategies."
Good overview but could offer more hands-on implementation tools.
"I was hoping for more specific frameworks or tools for *how* to design and implement new business models, not just case studies..."
"It's a good starting point, but might not satisfy those seeking hands-on implementation details."
"While the initial modules felt a bit foundational for someone already familiar with sustainability concepts..."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Business Models For Sustainability with these activities:
Organize Course Materials
Review and organize notes, assignments, quizzes, and exams to prepare for the course.
Show steps
  • Gather all course materials from multiple sources
  • Organize materials by module or topic
  • Review materials to identify key concepts and terms
Participate in Online Discussion Forums
Engage with peers to discuss course topics, share insights, and ask questions.
Show steps
  • Join online discussion forums related to sustainable business practices
  • Participate in discussions, ask questions, and share your perspectives
Read 'Cradle to Cradle: Remaking the Way We Make Things'
Gain insights into sustainable business practices and the circular economy.
Show steps
  • Read the book and take notes on key concepts
  • Identify examples of circular economy principles in practice
  • Discuss the implications for businesses and consumers
Four other activities
Expand to see all activities and additional details
Show all seven activities
Explore Sustainable Business Model Tools and Frameworks
Enhance understanding of sustainable business model theory and innovation through guided tutorials.
Show steps
  • Review online tutorials on sustainable business model tools and frameworks
  • Apply these tools and frameworks to a specific business or industry
  • Discuss the potential impact and benefits of adopting sustainable business practices
Volunteer with Organizations Promoting Sustainability
Gain hands-on experience and make a positive impact while learning about sustainability.
Browse courses on Sustainability
Show steps
  • Research and identify organizations that align with your interests in sustainability
  • Contact the organizations and inquire about volunteer opportunities
  • Participate in volunteer activities and contribute to their sustainability initiatives
Case Study Analysis
Apply concepts to real-world scenarios to enhance understanding of sustainable business practices.
Show steps
  • Read and analyze a business case study related to sustainability
  • Identify the challenges and opportunities for the business
  • Develop and present recommendations for sustainable business practices
Contribute to Open Source Projects Related to Sustainability
Gain practical experience and contribute to the advancement of sustainable business practices.
Browse courses on Sustainability
Show steps
  • Identify open source projects focused on sustainability
  • Review the project's goals, codebase, and community
  • Contribute to the project by reporting bugs, suggesting improvements, or writing code

Career center

Learners who complete Business Models For Sustainability will develop knowledge and skills that may be useful to these careers:
Sustainability Consultant
Sustainability Consultants help organizations reduce their environmental impact and improve their social performance. This course can help you develop the skills and knowledge you need to succeed in this role by providing you with a comprehensive overview of sustainable business models and practices. You will learn how to identify and assess sustainability risks and opportunities, develop and implement sustainability strategies, and communicate sustainability initiatives to stakeholders.
Environmental Scientist
Environmental Scientists conduct research and develop solutions to environmental problems. This course can help you build a foundation in sustainability and environmental science, providing you with the knowledge and skills you need to succeed in this field. You will learn about the causes and effects of environmental problems, and develop the skills to design and implement solutions.
Corporate Social Responsibility Manager
Corporate Social Responsibility Managers develop and implement sustainability strategies for organizations. This course can help you develop the skills and knowledge you need to succeed in this role by providing you with a comprehensive overview of sustainable business models and practices. You will learn how to identify and assess sustainability risks and opportunities, develop and implement sustainability strategies, and communicate sustainability initiatives to stakeholders.
ESG Analyst
ESG Analysts evaluate the environmental, social, and governance performance of organizations. This course can help you develop the skills and knowledge you need to succeed in this role by providing you with a comprehensive overview of sustainability and ESG investing. You will learn how to assess the ESG performance of organizations, develop ESG investment strategies, and communicate ESG information to stakeholders.
Sustainability Manager
Sustainability Managers develop and implement sustainability strategies for organizations. This course can help you develop the skills and knowledge you need to succeed in this role by providing you with a comprehensive overview of sustainable business models and practices. You will learn how to identify and assess sustainability risks and opportunities, develop and implement sustainability strategies, and communicate sustainability initiatives to stakeholders.
Environmental Lawyer
Environmental Lawyers specialize in environmental law and policy. This course can help you develop a foundation in sustainability and environmental law, providing you with the knowledge and skills you need to succeed in this field. You will learn about the legal framework for environmental protection, and develop the skills to analyze and interpret environmental laws.
Sustainable Product Developer
Sustainable Product Developers design and develop sustainable products and services. This course can help you develop the skills and knowledge you need to succeed in this role by providing you with a comprehensive overview of sustainable business models and practices. You will learn how to identify and assess sustainability risks and opportunities, develop and implement sustainability strategies, and communicate sustainability initiatives to stakeholders.
Renewable Energy Project Manager
Renewable Energy Project Managers oversee the development and implementation of renewable energy projects. This course can help you develop the skills and knowledge you need to succeed in this role by providing you with a comprehensive overview of sustainable business models and practices. You will learn how to identify and assess sustainability risks and opportunities, develop and implement sustainability strategies, and communicate sustainability initiatives to stakeholders.
Sustainability Communications Manager
Sustainability Communications Managers develop and implement sustainability communications strategies for organizations. This course can help you develop the skills and knowledge you need to succeed in this role by providing you with a comprehensive overview of sustainable business models and practices. You will learn how to identify and assess sustainability risks and opportunities, develop and implement sustainability strategies, and communicate sustainability initiatives to stakeholders.
Sustainability Educator
Sustainability Educators teach about sustainability and environmental issues. This course can help you develop the skills and knowledge you need to succeed in this role by providing you with a comprehensive overview of sustainable business models and practices. You will learn about the causes and effects of environmental problems, and develop the skills to design and implement solutions.
Sustainability Researcher
Sustainability Researchers conduct research on sustainability and environmental issues. This course can help you develop the skills and knowledge you need to succeed in this role by providing you with a comprehensive overview of sustainable business models and practices. You will learn about the causes and effects of environmental problems, and develop the skills to design and implement solutions.
Sustainability Advocate
Sustainability Advocates promote sustainability and environmental issues. This course can help you develop the skills and knowledge you need to succeed in this role by providing you with a comprehensive overview of sustainable business models and practices. You will learn about the causes and effects of environmental problems, and develop the skills to design and implement solutions.
Environmental Policy Analyst
Environmental Policy Analysts develop and analyze environmental policies. This course can help you develop a foundation in sustainability and environmental law, providing you with the knowledge and skills you need to succeed in this field. You will learn about the legal framework for environmental protection, and develop the skills to analyze and interpret environmental laws.
Sustainability Data Analyst
Sustainability Data Analysts collect and analyze data to measure and track sustainability performance. This course can help you develop the skills and knowledge you need to succeed in this role by providing you with a comprehensive overview of sustainable business models and practices. You will learn how to identify and assess sustainability risks and opportunities, develop and implement sustainability strategies, and communicate sustainability initiatives to stakeholders.
Circular Economy Consultant
Circular Economy Consultants help organizations transition to a circular economy. This course can help you develop the skills and knowledge you need to succeed in this role by providing you with a comprehensive overview of sustainable business models and practices. You will learn how to identify and assess sustainability risks and opportunities, develop and implement sustainability strategies, and communicate sustainability initiatives to stakeholders.

Reading list

We've selected six books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Business Models For Sustainability.
Provides a comprehensive overview of sustainable business, with a focus on the triple bottom line framework.
Provides a step-by-step guide to the lean startup methodology, which can be used to develop and test new business models.
This classic work provides insights into the motivations and strategies of social entrepreneurs, who create businesses with a social mission.

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