Futures

Empowering EY Professionals Through the Masters in Sustainability Program, (from page 20221228.)

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Keywords

Themes

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Summary

The EY Masters in Sustainability by Hult International Business School aims to equip EY employees with essential knowledge and skills related to sustainability. Addressing pressing global issues such as climate change and responsible business practices, the program is designed to promote long-term value creation for clients, society, and the environment. Through a blend of theoretical and practical learning, participants will engage in various sustainability themes, develop competencies in areas like systems thinking and project management, and apply their skills to real-world challenges. The program aligns with EY’s commitment to sustainability and aims to foster an inclusive and impactful future for all employees.

Signals

name description change 10-year driving-force relevancy
Growth of Sustainability Education Increased focus on sustainability programs in business education. Shift from traditional business education to sustainable and responsible practices in business. Business graduates will increasingly specialize in sustainability, influencing corporate strategies globally. Rising demand for sustainability expertise in response to climate change and social responsibility pressures. 4
Corporate Commitment to Sustainability EY’s commitment to sustainability through educational programs for employees. Transition from profit-centric business models to sustainability-centered approaches. Corporations will prioritize sustainable practices, transforming their operational and strategic frameworks. Growing consumer and regulatory expectations for corporate social responsibility and environmental stewardship. 5
Integration of Digital Credentials in Education Adoption of digital credentials like EY Badges in professional education. Shift from traditional degrees to digital credentials that emphasize skills and applied learning. Professional qualifications will increasingly rely on digital badges, enhancing employability for specific skill sets. Technological advancements in education and the need for more agile learning pathways. 3
Hands-on Learning in Sustainability Emphasis on real-world challenges in sustainability education programs. Move from theoretical learning to practical, experiential learning in sustainability. Educational institutions will increasingly incorporate real-world challenges into their curricula to enhance student engagement. The necessity for graduates to be job-ready and capable of addressing real-world sustainability issues. 4
Impact Entrepreneurship Focus Growing field of sustainable finance and impact entrepreneurship in business education. Shift from traditional entrepreneurship to a focus on social and environmental impacts. Entrepreneurs will increasingly prioritize sustainability and social impact in their business models and practices. The intersection of business success with social responsibility and environmental impact. 4

Concerns

name description relevancy
Sustainability Knowledge Gap There may be a lack of understanding among professionals about sustainability issues, hindering effective business strategies. 4
Climate Change Impact The ongoing effects of climate change could severely disrupt business operations and societal welfare globally. 5
Inadequate Stakeholder Engagement Failure to effectively engage stakeholders in sustainability efforts may lead to inadequate solutions and backlash. 3
Potential Resistance to Sustainable Practices There may be resistance within organizations to adopt sustainable practices due to cost or traditional mindsets. 3
Ethical Behavior Concerns Issues in ethical behavior can arise when integrating sustainability into business practices, leading to reputational risks. 4
Economic Risks of Sustainability Transition Transitioning to sustainable practices may create economic risks for businesses not adaptable or prepared for change. 4
Fragmentation in Sustainable Finance The growing field of sustainable finance could become fragmented, creating inefficiencies and challenges in investments. 3

Behaviors

name description relevancy
Sustainability-Centric Education Educational programs focused on sustainability to equip professionals with relevant knowledge and skills. 5
Digital Credentialing The use of digital badges to recognize and validate skills acquired through applied learning in sustainability. 4
Collaborative Problem-Solving Engagement in collaborative challenges to address real-world sustainability issues and drive innovation. 5
Holistic Skill Development Emphasis on developing a wide range of skills including systems thinking, stakeholder management, and design thinking for sustainability. 4
Integration of ESG Principles Embedding environmental, social, and governance principles into business education and practices to create long-term value. 5
Focus on Impact Entrepreneurship Encouraging entrepreneurial approaches that prioritize sustainability and social impact. 4
Commitment to Inclusive Business Promoting responsible and inclusive business practices as a core part of sustainability education. 5

Technologies

description relevancy src
A growing field focused on financial practices that support sustainable development and responsible investment. 5 fcb03e94b8239b410a79996496599390
Business practices that prioritize social and environmental impacts alongside financial returns. 5 fcb03e94b8239b410a79996496599390
A system for recognizing and validating skills and knowledge acquired through applied learning. 4 fcb03e94b8239b410a79996496599390
An approach to problem-solving that considers the complex interconnections within systems. 4 fcb03e94b8239b410a79996496599390
Techniques for effectively engaging and managing relationships with stakeholders in sustainability efforts. 4 fcb03e94b8239b410a79996496599390
A human-centered approach to innovation and problem-solving that enhances sustainability solutions. 4 fcb03e94b8239b410a79996496599390
Guidelines and practices focused on managing projects with sustainability goals. 4 fcb03e94b8239b410a79996496599390

Issues

name description relevancy
Sustainability Education Growing importance of educational programs focusing on sustainability across various sectors. 5
Sustainable Business Practices Shift towards integrating sustainability into core business strategies and operations. 5
Impact Entrepreneurship Emergence of entrepreneurship focused on social and environmental impact as a business model. 4
Digital Credentials in Sustainability Increasing use of digital credentials to recognize skills and knowledge in sustainability fields. 4
Low Carbon Economy Transition towards a low carbon economy as a critical area of focus for businesses globally. 5
Environmental, Social, and Governance (ESG) Principles Growing emphasis on ESG principles in business decision-making processes. 5
Collaborative Problem Solving in Sustainability Need for collaborative approaches to tackle real-world sustainability challenges. 4
Stakeholder Management in Sustainability Rising importance of stakeholder engagement in sustainability initiatives. 4
Systems Thinking in Sustainability Adoption of systems thinking as a crucial skill for addressing sustainability issues. 4