Business and the Natural Environment - ENVIRON 163

IntroductionEast Lake, Kings Canyon National Park, June 2007 by R. Wacziarg

Today, we are faced with important environmental problems: climate change, depletion of the ozone layer, destruction of natural habitats and the continuing loss of species, degradation of our water, soil and air…

Businesses are playing a major role in contributing to these environmental problems, at the same time businesses can play a major role in attempting to create a sustainable planet earth. This course considers major questions about the role of business in mitigating environmental degradation. In this class, we will address the following issues:

How does business affect the natural environment?

What are firms’ incentives to be more environmentally responsive?

In this class, we will put particular emphasis on corporate strategies that deliver value to shareholders while responding to environmental concerns. For example some firms successfully adopt environmental differentiation strategies to respond to customers environmental concerns; other firms use environmental concerns as a way to generate costs savings within the business; yet other firms seek to influence government regulation in order to impose their standard on competition.

Through a combination of cases, readings, lectures, videos and simulations, class sessions will engage students in discussions of management tools that incorporate principles of environmental management and corporate performance.

Professor Magali Delmas

Magali Delmas
University of California Santa Barbara.
Magali Delmas is an Associate Professor of management at the Donald Bren School of Environmental Science and Management at the University of California Santa Barbara and a Visiting Professor at the UCLA Institute of the Environment.

Standing at the crossroads of policy and management, Magali Delmas’ research focuses on the various interactions between environmental policy and business strategy at the national and international level. She seeks to understand how environmental policies influences firms’ strategies and performance and in turn how firms help shape environmental policy. Magali Delmas’ current work includes the analysis of the effectiveness of firms’ voluntary actions to mitigate climate change. She is involved in several projects related to firms’ voluntary strategies to reduce greenhouse gases in the electric utility sector. She is also engaged in refining current methodologies to measure and communicate firm’s and products’ environmental performance. Previous to embarking on an academic career she worked at the European Commission as the economic advisor of the Director for Industry.

Magali Delmas is the author of numerous articles published in policy and management journals such as the Strategic Management Journal, California Management Review, Production and Operations Management, Industrial and Corporate Change, Business and Politics, Business Strategy and the Environment, the Journal of Policy Analysis and Management, Policy Studies Journal, Policy Sciences, and the Journal of Comparative Policy Analysis.