Professional studies

Teaching language


Type of course


Cycle/level of course


Recommended year of study


Total number of ECTS

5 cr

Competency aims

In this study unit the focus lies on the following

Fact-based decision making competency
Resilience competency
Innovation and development competency

SDG's in focus:
#8: Decent work and economic growth
#9: Industry, Innovation and infrastructure
#12: Responsible consumption and production
#13: Climate action
#17: Partnership for the goals

Learning outcomes

Upon completion of this study unit:

You are able to describe a sustainable business
and theoretical
models underlying Corporate Social
Responsibility. (Knowledge)

You can define risks in a business environment
including the
risks connected to sustainability. (Knowledge)

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

You use risk management tools for risk recognition
and for
implementing risk assessment techniques.

You are open minded to appropriate ways of
eliminating reducing,
and mitigating risks respectively. (Approach)

You are able to critically reflect on a
sustainable business.

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

Additional information

Introduction lecture and guest lectures are
More information on Itslearning at course start.

Recommended or required reading

Operational Risk Management
Momentum Press 2015, C. Ariel Pinto, Luna Mylene
Magpili, Raed M. Jaradat

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.

1-49 points equal to fail
50-59 points equal to 1
60-69 points equal to 2
70-79 points equal to 3
80-89 points equal to 4
90-100 points equal to 5


  • 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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