The Center for Sustainable and Inclusive Business

Envisioning and Implementing Sustainable Business Transformation

A better way to shape the future

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01:09Sustainability - Ep.3 Capitalism must rediscover its purpose
Capitalism must rediscover its purpose
Knut Haanaes, Professor of Strategy and Lundin Sustainability Chair at IMD, paints a picture of how sustainability can shape the future.

Open Programs

IMD's open enrollment programs are increasingly incorporating responsible business leadership and sustainable practices as key themes, for example within courses on marketing, digital, strategy, leadership, supply chain, finance, family business and entrepreneurship.
 

IMD is also introducing targeted courses on sustainability, such as the Winning Sustainability Strategies program and the Master of Science in Sustainable Management and Technology.

Discover all our open programs

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Leading Sustainable Business Transformation
Build your smart roadmap for a sustainable business future
This program provides you with a complete business transformation journey through the lens of sustainability.
Years of experience: 10+
New, Blended
Duration: 3 days liVe virtual, 5 weeks online, 3 days on campus
Fee: 9'900 CHF
Next start: 21 September 2022
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Winning Sustainability Strategies
Embed sustainability into the core of your business
This program is designed to help you integrate sustainability in your strategy so you can maintain your competitive edge.
Years of experience: 5+
Online
Duration: 5 weeks
Fee: 1'950 CHF
Next start: 12 September 2022
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Driving Sustainability from the Boardroom
Chart your company’s ESG path to long-term success 
Driving Sustainability from the Boardroom enables you to fulfill your role of influencing and steering the integration of sustainability into your company's strategy.
Years of experience: 15+
On Campus
Duration: 2 days
Fee: 7'500 CHF
Next start: 14 November 2022

Latest articles

Article
Why all businesses should embrace sustainability
Topics: Sustainability
By Knut Haanaes and Natalia Olynec - 9 May 2022
The message from COP26 rang loud and clear for global corporations: align your business strategy to sustainability targets and reap monetary rewards. Drag your feet and you’ll lose out.
6 min. read
Article
Skyrocketing energy costs make decarbonization a business imperative
Topics: Sustainability
By Julia Binder - 5 May 2022
Soaring oil and gas prices are a major challenge for businesses, but the energy crisis is creating new economic opportunities as well.
6 min. read
Article
Are you ready for sustainable value creation?
Topics: Sustainability, Leadership
By Bettina Büchel - 7 February 2022
How to move sustainable business solutions from the periphery to the core of your organization.
5 min. read
Article
How investors can balance risk, return and impact to spark change
Topics: Sustainability, Social Innovation, Finance
By Vanina Farber - 10 December 2021
Impact investment is a rapidly-evolving, diverse world that offers value beyond financial returns for investors and social enterprises of all shapes and sizes.
5 min. read
Article
Solutions to ‘dirty’ bitcoin’s growing sustainability challenge
Topics: Sustainability, Financial Regulation, Finance
By Salvatore Cantale, Fiorenzo Manganiello - 3 December 2021
Cryptocurrencies, the environmental bogeyman, could be a force of good, provided the industry can move to more energy-efficient mining methods and greener power sources.
5 min. read
Video
BS4CL: Uniting for the planet's future
Topics: Sustainability, Leadership, Politics
By Knut Haanaes, Natalia Olynec - 25 October 2021
Eight business schools have joined together to equip present and future leaders to address climate change.
69 min. read
Article
Does your company need a Chief Sustainability Officer?
By Natalia Olynec - 25 October 2021
The growth in CSO appointments is the result of a real business imperative, but the role may become obsolete as responsibility shifts to all senior executives.
3 min. read
Article
How entrepreneurs are preparing the ground for a regenerative economy
Topics: Sustainability
By Julia Binder - 8 October 2021
The ‘take-make-waste’ mode of organizing is not sustainable, it’s time for a new work culture that prioritizes human resourcefulness and resilience.
3 min. read
Article
How to make your energy supply more resilient to price hikes
Topics: Supply Chain
By Carlos Cordon - 7 October 2021
With the prices of natural gas, coal and electricity spiking to record highs, manufacturers should start thinking about how to reduce their energy consumption.
5 min. read

Sustainability: A better way to shape the future

In these mini case studies exploring climate change, greenwashing, capitalism and ecological disasters, Knut Haanaes, Professor of Strategy and Lundin Sustainability Chair at IMD, paints a picture of how sustainability can shape the future.

Find out more IMD's cases

Award winning case studies

IMD translates sustainability research to action. See all our latest sustainability case studies.
Case study
Ecoalf: because there is no planet B
Topics: Sustainability
By Professor Benoit F. Leleux and Thomas Brochier - 1 October 2020
ECOALF was born from the belief of Javier Goyeneche that something had to be done to ensure the sustainability of the planet.
2 min. read
Case study
PMI's Vision of a Smoke-free Future
Topics: Sustainability
By Vanina Farber and Natalia Olynec - 11 February 2021
CEO Andre Calantzopoulos announced in 2016 a radical pivot in the Marlboro cigarette manufacturer's strategy: the company would shift to 'smoke-free' products in more than 180 countries around the world.
3 min. read
Case study
Patagonia's sustainability strategy: Don’t buy our products
Topics: Sustainability
By Francisco Szekely and Zahir Dossa - 1 February 2018
In 2005, Patagonia launched the Common Threads Recycling Program. The goal was to reduce the number of products Patagonia customers purchased through a two-fold effort.
3 min. read

Latest books

Book
Winning Sustainability Strategies
Topics: Sustainability
By Benoit F. Leleux and Jan Van der Kaaij - 15 December 2018
Despite recent optimism and global initiatives, the implementation of corporate sustainability programs has been slow at best, with less than a third of global companies having developed a clear business case for their…
Book
The elea Way
Topics: Sustainability
By Vanina Farber, Peter A. Wuffli by - 18 November 2020
Social entrepreneurship and impact investing contribute to a more inclusive capitalism and bring innovative solutions to global challenges, such as fighting poverty and protecting planet earth. This book offers practical…
Award-winning book
Where the Wild Things Were
Topics: Sustainability
By Susan Goldsworthy and Sydney Goldsworthy - 23 September 2019
This is written for both children and adults to entertain and educate. Join storytime as Grandma recounts her adventures with an alphabet of wild animals to her granddaughter, Little Dove. But with species loss…
Award-winning book
Beyond the Triple Bottom Line
Topics: Sustainability
By Francisco Szekely with Zahir Dossa - 27 June 2017
Many recent books make the case for businesses to become more sustainable, but few explain the specifics. In this book, Francisco Szekely and Zahir Dossa offer a pragmatic new business model for sustainability that…
Award-winning book
Quest
Topics: Strategy, Change Management, Top Team
By Anand Narasimhan and Jean-Louis Barsoux - 11 February 2014
This book identifies and addresses the seven transformation journeys that are reshaping corporations today. It integrates and builds on the collective experience and learning of IMD's professors,who work directly with…

Case of the month

Henk Jonker, of Triodos Investment Management’s Impact Equities & Bonds, was on the hunt for research analysts to join his team. He decided to invite IMD MBA students to apply. Applicants had to respond to a practical case exercise asking them whether they would recommend investing in or excluding three well-known companies from Triodos’s Global Equities Impact Fund. 

What would the impact of these three high-profile organizations on people and planet be and would they be a good fit with the impact investor’s investment portfolio? This case, written by Professor Vanina Farber, is the Febuary 2022 IMD Case of the Month

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01:17Case Of The Month - February
Finance for a Sustainable Society at Triodos Investment Management
An ESG Portfolio Investment Decision

Leading Sustainable Business Transformation Discovery Event

Our planet, societies and businesses are at a crossroads. Globally, there is a growing awareness of devastating climate impacts that are unfolding and stark disparities in social and political equity. COVID-19 has thrown the interlinked issues of climate, health and social equity into an ever sharper and more unforgiving focus. It is clear the time for real sustainability transformation is now. download the Discovery Event white paper (PDF)

Discover more IMD Nexus events about sustainability.

Discovery Event white paper

Interactive Teaching

Sustainability Signals™ is both a web-based tool and physical card deck. It is flexible and can be used independently to familiarize participants with the sustainability trends/signals influencing the world or in combination with other sessions for visioning exercises, competitive analysis, and stress testing business models.
 
It can be used in liVe and online programs in sessions spanning 10-400+ participants.
Sustainability Cards
Knut Haanaes
Professor Knut Haanaes
Professor of Strategy and International Management, Lundin Sustainability Chair

Knut Haanaes' research and teaching focuses on strategy, sustainability, strategic renewal and business models. He is co-author of the best-selling book Your Strategy Needs a Strategy and a successful TED speaker, and…

David Bach
Professor David Bach
Dean of Innovation and Programs and Professor of Strategy and Political Economy

Political economy expert David Bach brings to IMD a proven track record of creating impactful learning journeys in a dual role as both Professor and Dean. 

Through his award-winning teaching and writing, Bach helps…

Julia Binder
Professor Julia Binder
Professor of Sustainable Innovation and Business Transformation Director of IMD Center for Sustainable and Inclusive Business

Julia Binder specializes in the intersection between sustainability and innovation. Her research and teaching explore the processes, strategies and mechanisms that allow entrepreneurs and managers to combine economic,…

Salvatore Cantale
Professor Salvatore Cantale
Professor of Finance

Salvatore Cantale is Professor of Finance. His academic and consulting work is divided into two different but complementary streams. First, he works at the intersection between strategy, business models, and financial…

Carlos Cordon
Professor Carlos Cordon
Professor of Strategy and Supply Chain Management

Carlos Cordon is a Professor of Strategy and Supply Chain Management. Cordon’s areas of expertise are supply chain management, digital, value chains, digital lean and process management, all of which are particularly…

Frederic Dalsace
Professor Frederic Dalsace
Professor of Marketing and Strategy

Frédéric Dalsace focuses on two distinct areas – B2B issues such as customer centricity, buyer-seller relationships, and value management, and sustainability, inclusive business models, and alleviating poverty.

He is Co-…

Vanina Farber
Professor Vanina Farber
elea Professor of Social Innovation; Dean of the Executive MBA

Vanina Farber is an award-winning economist and political scientist who specializes in social innovation and the mobilization of private capital for impact investing. Her research focuses on innovative, practical,…

Susan Goldsworthy
Professor Susan Goldsworthy
Affiliate Professor of Leadership, Communications and Organizational Change

As a former Olympic finalist, award-winning writer, executive coach, and speaker with more than 20 years of corporate experience with large multinationals, Susan Goldsworthy brings knowledge from the fields of sport,…

James Henderson
Professor James Henderson
Professor of Strategic Management

James Henderson is an expert on strategic agility, or the development and implementation of strategy under uncertainty. His research focuses on competitive strategy, corporate strategy, digital transformation, ecosystems…

Ivan Miroshnychenko
Ivan Miroshnychenko
Research Fellow & Term Research Professor at IMD

Research Fellow & Term Research Professor at IMD’s Global Family Business Centre and Sustainability Initiative.

Prior to joining IMD, Ivan was an Assistant Professor at the Centre for Family Business Management…

Natalia Olynec, Head of Sustainability at IMD
Natalia Olynec
Head of Sustainability at IMD

Natalia is the Head of Sustainability at IMD, where her work focuses on research, program development, strategy, governance, reporting and advisory. She has worked in sustainability management, consulting and education…

Karl Schmedders
Professor Karl Schmedders
Professor of Finance

Karl Schmedders' research and teaching currently focus on sustainability and the economics of climate change. He is therefore able to provide key insights on the transition risk arising from the shift to a greener…

Michael Yaziji
Professor Michael Yaziji
Professor of Strategy and Leadership

Michael Yaziji is an award-winning author whose work spans leadership and strategy. He is recognized as a world-leading expert on non-market strategy and NGO-corporate relations and has a particular interest in ethical…

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Amanda Williams
Sustainability Research Fellow at IMD

Amanda’s research lies at the intersection of sustainability management and social-ecological systems. She studies how organizations understand global sustainability issues and develop corporate sustainability…

Our Core Focus Areas

IMD's core focus areas reflect both how the institution influences others to contribute to sustainability through its teaching, research and outreach, and how it embeds sustainable processes and behaviors into its own culture and operations.

Sustainability wheel

Materiality Framework

Focusing where IMD and stakeholder interests converge.
Materiality framework chart

Supporting the UN Sustainable Development Goals

Our approach to sustainability is aligned with the UN Principles for Responsible Management Education (PRME). PRME seeks to deliver the 17 UN Sustainable Development Goals (SDGs) for 2030 through responsible management education.

This decade is known as the Decade of Action for the SDGs and IMD is committed to doing its part to meet these ambitions through its scope to teach, research, convene and develop business and not-for-profit leaders.

Five core UN SDGs
IMD's five core focus areas align and generate positive impact for five of the UN SDGs

E4S Master program

Based on the conviction that institutions of higher learning have a responsibility to help individuals and organizations overcome societal challenges and identify opportunities, IMD partnered with three leading Swiss academic institutions, the University of Lausanne through, the Ecole Polytechnique Fédérale de Lausanne (EPFL) to create Enterprise for Society (E4S).

E4S formally launched a new, joint masters degree in sustainable management and technology starting in September 2021 to prepare tomorrow’s leaders to drive this ambitious business transition.

Discover more about the program

E4S masters degree in sustainable management and technology
The Master of Science in Sustainable Management and Technology (SMT) program's aim is to equip the entrepreneurs and intrapreneurs of the future with the knowledge and skills enabling them to contribute to the transition toward a more resilient, environmentally responsible and inclusive economy while harnessing the power of technology.
The BS4CL initiative

In the run up to COP26 in Glasgow, IMD has joined together with seven other business schools: Cambridge Judge Business School, HEC Paris, IE Business School, IESE Business School, INSEAD, London Business School, and Saïd Business School (University of Oxford) to help shape climate leadership.

The business schools have collaborated on a toolkit designed to equip present and future leaders with the skills and actions needed on the road to decarbonization. As we countdown to COP26, BS4CL is also holding a webinar series covering various climate change topics.

Discover more about the BS4CL initiative.

World Business Council for Sustainable Development
 

IMD and the World Business Council for Sustainable Development signed a Memorandum of Understanding in 2021 to collaborate on the most sustainability-centered MBA program in the world.

IMD will also explore ways to further expand Vision 2050 - WBCSD’s vision of a world in which 9+ billion people live well, within planetary boundaries, by 2050 – by developing short programs targeting business executives.

WBCSD is a global, CEO-led community of over 200 leading sustainable businesses and represents a combined revenue of more than $8.5 trillion and 19 million employees.

Discover more about the partnership with WBCSD.

As 'purpose' as a guiding element in business strategy, but also in leadership in general, is becoming increasingly important and differentiating, it is good to have a combined perspective from for-profit and from non-profit executives. Sharing and understanding both perspectives, seeing the commonalities between them and learning.
David Verschoor, Director Marketing, Partnerships & Communication
“Following a leadership course with executives from the for-profit sector exposes us to another way of working and makes for a very intense and dynamic learning experience. It is essential to exchange with peers from other sectors in order to broaden one’s perspective.”
Senior Resource Mobilization Manager, ICRC
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03:07Global Management Foundations - Live Project Week: Medair
Global Management Foundations - Live Project Week: Medair
The GMF students helped Medair, a Swiss-based non-profit humanitarian organization, improved its impact
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