COURSE NUMBER: MBA292T.11
This
course is cross-listed with EWMBA and the College of Natural Resources
COURSE TITLE: Business and
Natural Resources - Sustainable Use of Ecosystems
UNITS OF CREDIT: 1
INSTRUCTOR: Omar Romero-Hernandez (HAAS) and Federico Castillo
(CNR)
E-MAIL ADDRESS: oromero@haas.berkeley.edu,
f.castillo@berkeley.edu
MEETING DAY(S)/TIME: Sundays 9:00AM – 5:00PM
Please
note the unorthodox format of this course, which meets all day on two Sundays (April
7 and April 28). You must attend both sessions in their entirety in order to
earn a passing grade.
PREREQUISITE(S): None
CLASS FORMAT: A mixture of lectures, cases, and guest speakers
REQUIRED READINGS: Course materials distributed on bSpace
BASIS FOR FINAL GRADE: Case briefs, class participation, and final
project.
ABSTRACT OF COURSE'S CONTENT AND OBJECTIVES:
Businesses are operating in an increasingly resource-constrained
world. From water shortages to climate change impacts and energy crises,
business managers will have to understand not only the immediate risks from
these trends but also the strengthening regulations that will inevitably result.
Those that respond too late will be at a serious disadvantage. At the same
time, there are clear opportunities to improve the bottom line by considering
natural resource issues on a daily basis. Companies that understand these
imperatives will be able to better navigate an increasingly complex world and
the major environmental risks it faces.
The course introduces sustainability concepts and incorporates
them into the broader field of natural resource management. Using economic and ecological concepts students
are expected to learn tools, and use them to solve practical natural resource
management problems relevant to business and society at large. The course
concentrates in four thematic fields: Economic Valuation, Ecosystem Services,
Climate Change and Water. In particular, we will relate these topics to a
business context. Students are expected to complete assignments distributed in
class and based on real and relevant natural resource management problems.
Taking this course will help students to support their decision
making process related to the use and conservation of natural resource and the
inextricably link to competitive advantage.
BIOGRAPHICAL SKETCH:
Omar Romero-Hernandez, PhD., Haas Faculty and Senior Research
Advisor, Center for Responsible Business, Haas School of Business.
Omar leads the Corporate Sustainability and Project Management
lectures at Haas. He is a Chemical Engineer with graduate studies in Economic
Policy and Government and a PhD in Process Economics and Environmental Impact
from Imperial College, London, UK.
Omar has worked internationally for a diverse range of public and
private organizations such as Procter & Gamble, PEMEX (Oil & Gas),
Accenture, and the Ministry for the Environment and Natural Resources.
Currently, he is a National Researcher and author of three books:
Renewable Energy Technologies and Policies, Industry and the Environment and
Introduction to Engineering – An Industry perspective and several international
publications on engineering, business and sustainable development. Omar was the
former Director of the Center for Technological Development (CDT) at the
Autonomous Technology Institute of Mexico (ITAM). In 2010 he was appointed by
former President as national leader of Mexico’s Business Summit task force on
Economic Growth and Low Carbon Emissions.
He has led various internationally awarded research projects in
the field of renewable energy, sustainable business strategies and business
processes – sponsors include the United Nations, Ministry of the Environment,
S&P 100 companies, the Stock Exchange and NGOs. Prof. Romero-Hernandez was
the recipient of the 2010 Franz Edelman Award, the world’s most prestigious
award on Operations Research and Management Science.
Federico Castillo, PhD., Researcher and Lecturer, Department of
Environmental Science, Policy and Management.
Federico Castillo is an Environmental Economist with a PhD and
undergraduate degrees from the University of California, Berkeley. Federico’s research is centered on technology
transfer and innovation, economic valuation, the socio economic impacts of
climate change as well as the economic aspects of protected areas. He is a
member of a multidisciplinary team that is developing a research agenda on
climate change, agriculture and population issues in the Berkeley Campus.
Federico has worked as a consultant for the World Bank, The Tropical
Agricultural Research Center, WWF, The Nature Conservancy and other
international organizations on a wide range of topics from economic valuation of
natural resources to the economic analysis of protected areas. Federico is responsible for teaching an
undergraduate class in economic aspects of natural resource management in the
Department of Environmental Science, Policy and Management.