Environmental, Social, and Governance Factors for Business: Business, Energy, Environment and Sustainability, BS

The Concentration/Major in Environmental, Social, and Governance Factors for Business (ESGB) is designed to provide in-depth foundations for those interested in the complex relationships between business and the natural environment and business and society more broadly, including management of environmental, social, and governance risks and opportunities, the business and economics of energy, and the ways in which firms incorporate ESG factors into their governance. There is a strong need for a new generation of expert business leaders who understand the rapidly evolving trends in business models, technology, regulation, and financing with implications for the environment and society as a whole. Students choosing the ESGB Concentration/Major are therefore ideally suited for the ever-expanding set of careers in many fields. Relevant courses are offered by departments including Accounting, Business Economics and Public Policy, Finance, Legal Studies and Business Ethics, Management, Marketing, and Operations Information and Decisions. This Concentration/Major is jointly administered by the Business, Economics and Public Policy Department, the Legal Studies and Business Ethics Department, and the Management Department. The Faculty Advisors to this Concentration/Major are Professors Arthur van Benthem (BEPP), Vit Henisz (MGMT) and Sarah Light (LGST). Questions regarding this Concentration/Major should be directed in the first instance to Sarah Jane McAffrey.

Environmental, Social, and Governance Factors for Business - Business, Energy, Environment and Sustainability Track

Undergraduate Students must take four credit units from the following list of courses: 4
Climate and Financial Markets
Risk Analysis and Environmental Management
Environmental & Energy Economics and Policy
Energy Finance
Environmental Management: Law & Policy
Climate & Environmental Leadership in Action: Building a Sustainable Future (by application)
Global Modular Course A (on Sustainability; in Germany, by application)
Thinking with Models: Business Analytics for Energy and Sustainability
Note: For both undergraduates and MBA students especially interested in ESG analytics, we note that while the STAT Department does not have courses on this list that count toward the 4 required credit units for the concentration/major, the following courses may be of special interest:
Data Collection and Acquisition: Strategies and Platforms
Predictive Analytics for Business
Applied Machine Learning in Business
Text Analytics
Forecasting Methods for Management
Introduction to Bayesian Data Analysis
Data Analytics and Statistical Computing
Modern Data Mining
Sample Survey Design
Introduction to Python for Data Science
Other Wharton Requirements33
Total Course Units37

Other Wharton Requirements

First-Year Foundations
BEPP 1000Introductory Economics for Business Students 11
MATH 1400Calculus, Part I1
or MATH 1100 Calculus for Wharton Students
Critical Writing Seminar1
Business Breadth (non-concentration courses)3
Leadership Journey
WH 1010Business and You0.5
WH 2010Business Communication for Impact0.5
MGMT 3010Teamwork and Interpersonal Influence0.5
Capstone Course/Project0.5
ACCT 1010Accounting and Financial Reporting1
ACCT 1020Strategic Cost Analysis1
BEPP 2500Managerial Economics1
FNCE 1000Corporate Finance1
FNCE 1010Monetary Economics and the Global Economy1
LGST 1000Ethics and Social Responsibility1
or LGST 1010 Law and Social Values
MKTG 1010Introduction to Marketing1
OIDD 1010An Introduction to Operations, Information and Decisions1
STAT 1010Introductory Business Statistics1
STAT 1020Introductory Business Statistics1
Global Economy, Business & Society
One course unit required1
Technology, Innovation & Analytics
One course unit required1
Liberal Arts & Sciences
Foreign Language1
Second semester-level course or equivalent required1
At least one course unit required1
Natural Science, Math & Engineering
At least one course unit required1
Social Science
At least one course unit required1
Cross-Cultural Perspectives
Three course units required 23
Unrestricted Electives
Five course units required5
Total Course Units33

For students who take ECON 0100 Introduction to Micro Economics and ECON 0200 Introductory Economics: Macro in place of BEPP 1000 Introductory Economics for Business Students of these courses can be slotted for BEPP 1000 on the worksheet. The second course may be used to fulfill a General Education Distribution or Unrestricted Elective requirement.


Two can double-count as Humanities; Natural Science, Math & Engineering; Social Science; or Flex Gen Ed.

The degree and major requirements displayed are intended as a guide for students entering in the Fall of 2023 and later. Students should consult with their academic program regarding final certifications and requirements for graduation.