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micro-module

Circular Business Model

Circular Business Model

Be a sustainability champion: dive into the exciting world of circular business models and learn how to transform businesses into forces for good!
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Description

The aim of this micromodule is to develop competencies necessary to design circular business models by means of characterising and specifying the Environmental, Social, and Governance (ESG) reporting strategies. This micromodule is a part of the course Circular Economy Strategic Solutions, which also includes such micromodules as Circular Economy for Sustainability and Circular Value Chains. The aim of the entire course is to develop competencies to address the strategic-level challenges of enabling the circular transformation of organisations and ecosystems.

The Team

LD
Lina Dagilienė
Teacher
VV
Viktorija Varaniūtė
Teacher
0 learners
Study format
Online
Application period
23 December 2024 – 23 February 2025
Study period
14 April – 18 May 2025
Credits
2 ECTS
Pace
20%
Hosting university
Kaunas University of Technology
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Learning outcomes

Apply different circularity strategies for its changes

By completing the micromodule, student will be able to define the main principles and functioning conditions of a circular business model and (re)design a business model via different circularity strategies.

ESCO SKILLS

Understand the principles of environmental, social, and governance (ESG) reporting

By completing the micromodule, student will be able to characterise and specify the environmental, social, and governance (ESG) reporting strategies based on materiality assessment and operating business model.

ESCO SKILLS

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Information

During the module, participants will learn the principles, types, strategies and operational conditions of circular business models, which are necessary for them to function effectively in different business contexts and to generate a positive impact on local communities. Participants will gain practical competences on how to apply the circular business model canvas and develop an environmental, social and corporate governance (ESG) reporting strategy based on a double materiality assessment. This aspect focuses on how companies can effectively report on their sustainability practices and impacts.

The module content is connected to real-world applications as:

  • the need to transition to circular business models is a reality. Consumers and employees want businesses to invest in making significant sustainable improvements to the environment and society.
  • 76% of consumers say they will stop buying from companies that treat the environment, employees, or the community in which they operate poorly.
  • the future of corporate sustainability reporting is all about communicating impact, not statistics”.

Unique features of the micromodule are related to the:

  • Real world, real impact: explore case studies of circular business models and apply hands-on activities to design (redesign) business models with circular innovation
  • Measure success: master the art of ESG reporting. It's not just about profit; it's about making a positive impact on the world.

This micromodule can be extremely relevant for:

  • Business professionals seeking to (re)design sustainable and circular business models.
  • Students and academics in business, sustainability, and related fields.
  • Policymakers and sustainability consultants.

Hosting university

Kaunas University of Technology

Kaunas University of Technology