Professional studies

Teaching language


Type of course


Cycle/level of course


Recommended year of study


Total number of ECTS

5 cr

Competency aims

Fact-based decision making
Innovation and development competency

Learning outcomes

Ability to describe a sustainable business and
theoretical models underlying Corporate Social
Responsibility (knowledge)

Define risks in a business environment including
the risks connected to sustainability. (knowledge)

Explain the various types of risks and risk
categories, risk classification systems, risk
management standards, and risk analysis methods.

Use risk management tools for risk recognition and
for implementing risk assessment techniques.

Open minded to appropriate ways of eliminating
reducing, and mitigating risks respectively

Ability to critically reflect on a sustainable
business (attitude)

Course contents

Organisations and standards connected to risk
Definitions of risk and risk management
Types and categories of risks
Risk assessment process and techniques
Risk management techniques - Risk Matrix ? Risk
register ? Bow-Tie analysis
Sustainability and Corporate Social Responsibility
as concepts
Business sustainability dimensions and stakeholder
Sustainability risk factors
Sustainability certifications and reporting

Prerequisites and co-requisites

A minimum of 2 courses in the module passed, or
equivalent knowledge + 20 completed from the subject

Recommended or required reading

Fundamentals of Risk Management ? Understanding,
Evaluating and Implementing Effective Enterprise
Risk Management, 6th Edition, 2021, Paul Hopkin,
Clive Thompson, Kogan Page​
Rasche, A., Morsing, M., Moon, J. 2017, Corporate
Social Responsibility. Strategy, Communication,
Governance, Cambridge University Press, Cambridge.
Rezaee, Z., 2021, Business sustainability. Factors
of performance, Risk, and Disclosure, Business
Expert Press, New York.

Material shared during the lectures

Study activities

  • Lectures - 20 hours
  • Practical exercises - 20 hours
  • Project- and production work/artistic activities - 95 hours


  • Total workload of the course: 135 hours
  • Of which autonomous studies: 135 hours
  • Of which scheduled studies: 0 hours

Mode of Delivery

Participation in tuition

Assessment methods

  • Exams (written-, oral-, home-)
  • Essays, reports, productions and portfolio

Assessment requirements

To pass the course the student must obtain a
minimum of 50 points of 100. Points are obtained
through a group assignment minimum 25 points of 50
and an exam of minimum 25 points of 50. There is
no possibility for a retake of the group
assignment. There are two re-exams. If a student
has obtained over 25 points in the initial exam,
only one re-exam is allowed.
Introduction lecture is mandatory.


  • Adlercreutz Erica
  • Henriksson Robert


Henriksson Robert

Group size

No limit

Assignments valid until

12 months after course has ended

Assessment methods

  • Date of examination will be announced later - Exams
  • Date will be announced later - Reports and productions

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