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This is the complete lecture note for BUA 218 Green Management. You can read it online below, open it in the full viewer, or download the PDF for offline study. It pairs with the course's video lectures, so you can read and watch together.
LA-NET | ONLINE LEARNING VIDEO PLATFORM FOR POST-SECONDARY & HIGHER INSTITUTION STUDENTS
LA-NET | ONLINE LEARNING VIDEO PLATFORM FOR POST-SECONDARY & HIGHER INSTITUTION STUDENTS Series 1: Foundations of Climate Change and Green Management Series Outline 1.1 Climate Change and Global Warming • 1.1.1 Definition and distinction between climate change and global warming • 1.1.2 Causes of climate change: natural and human-induced factors • 1.1.3 Consequences of global warming on ecosystems and societies 1.2 Natural Resource Economics and Environmental Impact • 1.2.1 Concept of natural resource economics • 1.2.2 Resource use and depletion: renewable vs non-renewable resources • 1.2.3 Economic consequences of unsustainable resource exploitation 1.3 Concept and Principles of Green Management • 1.3.1 Definition of green management • 1.3.2 Core principles guiding green management practices • 1.3.3 Role of individuals and organisations in promoting green management 1.4 Linkages between Climate Change, Sustainability, and Business • 1.4.1 Climate change as a challenge to business sustainability • 1.4.2 Green management as a strategy for sustainable business operations • 1.4.3 Case examples of businesses adopting green management practices Introduction Climate change has become one of the most pressing challenges of our time, influencing not only the natural environment but also the way businesses and societies operate. Rising global temperatures, shifting weather patterns, and the depletion of natural resources are realities that affect every individual and organisation. As future managers and decision-makers, it is important to grasp the foundations of climate change and green management, since these concepts provide the basis for sustainable practices that can safeguard both the planet and business continuity. The aim of this Series is to introduce you to the fundamental concepts of climate change, global warming, natural resource economics, and green management. By the end of this Series, you will be equipped with the knowledge needed to analyse environmental challenges and evaluate how green management principles can be applied to promote sustainability in business and society.
LA-NET | ONLINE LEARNING VIDEO PLATFORM FOR POST-SECONDARY & HIGHER INSTITUTION STUDENTS We shall commence this Series by examining climate change and global warming, focusing on their causes and consequences. Next, we will explore natural resource economics and the environmental impacts of resource use. Following that, we will move on to the concept and principles of green management, highlighting the roles of individuals and organisations in promoting eco-friendly practices. Finally, we will conclude by linking climate change to sustainability in business, showing how green management strategies can help organisations adapt and thrive in a changing world. Series Learning Outcomes Upon completing this Series, you should be able to: • 2.1 define climate change and global warming, distinguishing clearly between the two concepts, • 2.2 explain the natural and human-induced causes of climate change, • 2.3 analyse the environmental and societal consequences of global warming, • 2.4 describe the concept of natural resource economics and its relevance to environmental management, • 2.5 evaluate the economic implications of renewable and non-renewable resource use, • 2.6 define green management and outline its guiding principles, • 2.7 demonstrate how individuals and organisations can apply green management practices, • 2.8 assess the linkages between climate change, sustainability, and business operations, and • 2.9 illustrate, with examples, how businesses adopt green management strategies to remain sustainable. 1.1 Climate Change and Global Warming 1.1.1 Definition and distinction between climate change and global warming Climate change refers to long-term shifts in temperature, precipitation, wind patterns, and other aspects of the Earth’s climate system. These changes may be caused by natural processes such as volcanic eruptions or variations in solar radiation, but in recent decades human activities have become the dominant driver. Global warming is the gradual increase in the Earth’s average surface temperature, primarily due to the accumulation of greenhouse gases such as carbon dioxide, methane, and nitrous oxide in the atmosphere. While global warming is a specific phenomenon, climate change is broader,
LA-NET | ONLINE LEARNING VIDEO PLATFORM FOR POST-SECONDARY & HIGHER INSTITUTION STUDENTS encompassing not only rising temperatures but also altered rainfall patterns, extreme weather events, and sea-level rise. Fill in the blank: Climate change is a broad term, while ______ refers specifically to rising average global temperatures. 1.1.2 Causes of climate change: natural and human-induced factors The causes of climate change can be grouped into natural factors and human-induced factors.
LA-NET | ONLINE LEARNING VIDEO PLATFORM FOR POST-SECONDARY & HIGHER INSTITUTION STUDENTS Natural factors include volcanic eruptions, which release large amounts of ash and gases into the atmosphere, and variations in solar radiation, which influence the Earth’s energy balance. These processes have historically contributed to climate fluctuations. Human-induced factors, however, are now the most significant drivers. The burning of fossil fuels for energy, deforestation, and industrial activities release greenhouse gases that trap heat in the atmosphere. This process is known as the greenhouse effect, which is essential for life but becomes harmful when intensified by human activity. Fill in the blank: The burning of ______ fuels is the leading human-induced cause of climate change. 1.1.3 Consequences of global warming on ecosystems and societies
LA-NET | ONLINE LEARNING VIDEO PLATFORM FOR POST-SECONDARY & HIGHER INSTITUTION STUDENTS Global warming has far-reaching consequences for both ecosystems and human societies. Rising temperatures lead to melting glaciers and polar ice caps, which contribute to sea-level rise and threaten coastal communities. Changes in rainfall patterns can cause droughts in some regions and floods in others, disrupting agriculture and food security. Ecosystems are also affected, as species struggle to adapt to changing conditions. Coral reefs, for example, experience bleaching when ocean temperatures rise, while forests face increased risks of wildfires. Human societies encounter challenges such as health risks from heatwaves, economic losses from extreme weather events, and displacement due to rising seas. Fill in the blank: Coral reefs experience ______ when ocean temperatures rise. Pilot questions 1.1
LA-NET | ONLINE LEARNING VIDEO PLATFORM FOR POST-SECONDARY & HIGHER INSTITUTION STUDENTS 1. Which term refers specifically to the rise in average global temperatures? 2. Name one natural factor that contributes to climate change. 3. What is the leading human-induced cause of climate change? 4. Identify one consequence of global warming for ecosystems. 5. How does global warming affect coastal communities? 1.2 Natural Resource Economics and Environmental Impact 1.2.1 Concept of natural resource economics Natural resource economics is the study of how societies use natural resources such as land, water, forests, minerals, and energy. It examines the allocation, exploitation, and conservation of these resources, focusing on how economic decisions affect the environment and sustainability. The discipline seeks to balance resource use with long-term ecological health, ensuring that future generations can also benefit. Fill in the blank: ______ resource economics studies how societies allocate and conserve natural resources.
LA-NET | ONLINE LEARNING VIDEO PLATFORM FOR POST-SECONDARY & HIGHER INSTITUTION STUDENTS 1.2.2 Resource use and depletion: renewable vs non-renewable resources Resources can be classified into renewable resources and non-renewable resources. Renewable resources are those that can regenerate naturally within a human timescale, such as forests, fisheries, and solar energy. When managed responsibly, they can provide continuous benefits. Non-renewable resources include fossil fuels, minerals, and metals. These are finite and cannot be replenished once exhausted. Over-reliance on non-renewable resources leads to depletion and environmental degradation.
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