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ERB Institute

Each of our Erb Institute toolboxes is designed to help you better implement decision-making strategies for sustainability at your company. These toolboxes cover a wide variety of topics and are routinely updated to keep up with changing innovations and trends.

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HBS Cases

John Davidson, a partner at Ware Street Capital (WSC) and a board member at Fast Ion Battery, had just received a phone call from Don Lerner at Bluelock Ventures telling him that Bluelock would not participate in the $5M bridge financing for Fast Ion Battery…

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ERB Institute

Zingerman’s in Ann Arbor, Michigan, began operations as a corner delicatessen selling sandwiches. It grew to become a community of ten businesses, establishing itself as a local favorite and a nationally known achiever…

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Open CC

The Legal Pathways to Deep Decarbonization Model Law Project (LPDD-MLP) is a pro bono effort to draft model laws for use by legislators at the federal, state and local levels to support their efforts to achieve deep reductions in fossil fuel use and greenhouse gas emissions. The project is based on recommendations from the groundbreaking book Legal Pathways to Deep Decarbonization in the United States (Michael Gerrard and John C. Dernbach, eds., 2019). The work is supported by Columbia University’s Sabin Center for Climate Change Law and Widener University Commonwealth Law School’s Environmental Law and Sustainability Center. Dozens of law firms and individual lawyers are contributing to this pro-bono effort as drafters, peer reviewers or in reaching out to policymakers.

Our website, LPDD.org, contains over 80 model laws that are a starting place for discussion and collaboration among elected officials, non-profit groups, and the private sector for enabling the U.S. to address climate change by reducing U.S. GHG emissions to net zero by 2050 or earlier. The site includes several Top 10 lists for some of the key categories, like electric vehicles, PUC’s, buildings and other topics as a short-hand introduction. In addition, the site references hundreds of other actions that states and other governmental bodies have taken to move towards decarbonization more rapidly. By providing policymakers the tools to achieve deep decarbonization, the Project will help achieve a restructuring of the energy economy, thus alleviating the worst effects of climate change, which are disproportionately suffered by marginalized communities, while providing such positive benefits as economic security, social equity, and environmental justice (EJ).

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Pedro Matos

This course explores the growth of ESG (Environmental, Social and Governance) investing with a particular focus on the role of public capital markets in helping to address sustainable development goals (https://sdgs.un.org/goals). ESG is increasingly mainstream – for example, the largest global network of investors, the UN-sponsored Principles for Responsible Investment (PRI) has now over 3,000 signatories managing with over US$100 trillion in assets (https://www.unpri.org/about-us/about-the-pri). However, there is an active debate regarding every aspect (definitions, measurement, regulation, etc.) with claims of “greenwashing” and also a backlash against ESG which strengthens the need for a critical and evidence-based exploration of the field. This course covers some of the major ESG investing approaches (screening, thematic, integration and engagement) in capital markets and takes a global perspective. It includes a special module on Climate Finance that covers the physical, transition and regulatory risks of climate change and the need to finance a shift to a net-zero carbon economy. A few guest speakers will provide additional ideas and tools to interpret the case studies and enrich the class discussion.

Course Objectives:

  • Explore the evolving ESG investing landscape both from the point of view of investors choosing investments and firms responding to investor activities
  • Understand how to incorporate ESG factors into investment decisions and analyze the different approaches across a range of asset classes.
  • Gain insights into climate risk and examine climate-focused investing solutions and their effectiveness in combating climate change.
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Jason Jay

Many of us at MIT share a dream to “do well by doing good” – to apply our talents in ways that solve important world problems while generating enough revenue to grow a healthy business. The real world exhibits varying degrees of this phenomenon. We hope all MIT graduates joining the private sector plan to help their enterprises operate with integrity and care for all stakeholders, in order to mitigate any harmful negative externalities.

But it is rarer to successfully innovate for impact, that is, develop products and services that actively improve the world as they grow. It turns out that growth, profit, and positive impact are in constant tension with one another, as are different dimensions of impact. Breaking these tradeoffs is possible but extraordinarily challenging.

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HBS Cases
Richard Lancaster, taking over from Andrew Brandler, was the Chief Executive Officer (CEO) of CLP Holdings Ltd., one of the leading power companies in Asia, with operations in China, Southeast Asia, Taiwan, Australia, and India, and an energy portfolio…
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Andrew Hoffman

Pressure for sustainable development has significant implications for firms, particularly large multinational corporations. With free trade on the rise, long-term opportunities exist for firms able to identify, develop, and deploy technologies, products, and services that contribute to sustainable practices and resource use in the developing world. This course examines how long-term competitive positioning can be secured through strategies such as positioning can be secured through strategies such a environmental partnerships, technology cooperation, and collaborative planning.

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MIT Teaching

In late 2006, SunPower designed, manufactured, and delivered the most efficient solar cells in the world. At a time when many experts believed solar technology would grow quickly, SunPower needed to decide whether to maintain market share through a strategy of differentiated technology or pricing.

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MIT Teaching

In the early 2010s, First Solar, a leading photovoltaic (PV) solar manufacturer, faced a series of challenges: expanding production by subsidized Chinese PV manufacturers; declining purchase subsidies in important European markets; and, declining prices for silicon, the key input raw material for its competitors’ panels.

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HBS Cases
Cape Wind is an extreme example of NIMBY–not in my backyard syndrome. This is the first offshore wind project planned for the United States, in Nantucket Sound, just south of Cape Cod, Massachusetts. Initially proposed six years ago, in 2001, the wind farm…
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Daniel Vermeer

Global challenges such as urbanization, food security, water crises, inequality, natural resource degradation, and climate change increasingly present material risks to corporations. Yet these same trends can create profitable opportunities for companies if innovation is harnessed to create products and business models that provide solutions for growing global markets.

 

In the course, we will examine how businesses assess their risks and opportunities, and how they develop strategies to promote more sustainable practices. (Formerly called “Sustainable Business Strategy”)

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MIT Teaching

In late 2008, Vermont City Electric (VCE), a municipal electric utility company, needed to determine which investments in demand-side management (DSM) programs to undertake in the context of the budget restrictions it faced.

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