Transforming Business: Valuing social and human capital
- Offered byCoursera
Transforming Business: Valuing social and human capital at Coursera Overview
Duration | 8 hours |
Start from | Start Now |
Total fee | Free |
Mode of learning | Online |
Official Website | Explore Free Course  |
Credential | Certificate |
Transforming Business: Valuing social and human capital at Coursera Highlights
- Flexible deadlines Reset deadlines in accordance to your schedule.
- Shareable Certificate Earn a Certificate upon completion
- 100% online Start instantly and learn at your own schedule.
- Coursera Labs Includes hands on learning projects. Learn more about Coursera Labs External Link
- Beginner Level Open to all. No prior knowledge of social or human capital is needed.
- Approx. 8 hours to complete
- English Subtitles: English
Transforming Business: Valuing social and human capital at Coursera Course details
- The aim of this course is to introduce business employees to social and human capital within the context of the Capitals Approach and human rights. It will provide guidance on how to get started in making positive impacts for people, planet, and society within the business decision-making context.
- This course is an introductory course; no prior knowledge is needed. It is of particular relevance to those working in the domains of strategy, risk, finance, procurement, accountancy, auditing, human resources, and sustainability.
- Drawing from the internationally recognized Social and Human Capital Protocol, the course provides a comprehensive introduction to social and human capital issues and their relationship with human rights and sustainability. Over four modules, the course will guide you through the process of understanding and integrating social and human capital issues into business DNA to improve people well-being and tackle inequalities.
- In modules 1 and 2, you will be introduced to the concepts of social and human capital and human rights thinking, the Social and Human Capital Protocol, as well as the Capitals Approach. Here, you will be guided through the first stages and steps of conducting a capitals assessment.
- In module 3, you will learn about impact and dependency pathways and how to measure and value those connected to your business activities. Finally, in module 4, using the Asses-Commit-Transform-Disclose framework you will learn about how to apply the findings of a social and human capital assessment to make commitments and transform business practices, and how to communicate and report on these elements.
- The course features many real-world business examples, such as Natura, Novartis, Kering, Tony's Chocolonely, Jacobs, OFI, to demonstrate why and how other businesses have measured and valued social and capital, and the benefits this has brought to their strategy and management processes. These examples also show how companies make commitments to enact change and transform business practices, providing insight into different actions and commitments you can take.
- By the end of the course, participants are expected to have learned about why it is essential to embed social and human capital into business decision-making, and how to get started with a capitals assessment.
- This course has been developed by the Capitals Coalition in partnership with Nature^Squared, Social Value International, and the Business Commission to Tackle Inequality.
Transforming Business: Valuing social and human capital at Coursera Curriculum
Welcome to the course
Welcome by Mark Gough - CEO of Capitals Coalition
Welcome to the course
Introductory video: Natura
Inspirational video: Kering
The Capitals Approach
Companies' responsibility to respect human rights and sustainability due diligence
The UN Guiding Principles (UNGP) on Business and Human Rights
Course acknowledgements
Learning objectives of the course
Learning objectives module 1
Assignments, grading and technicalities
Stay in touch!
Why business cares about inequality: the key concepts of human rights and social and human capital
Starting points and benefits of a social and human capital assessment
Entry points to social and human capital
Impacts & dependencies resulting in business risks and opportunities
Prioritizing impacts & dependencies
Key take-aways module 2
Learning objectives module 2
Entry points to social and human capital
Linking social and human capital to Human Rights: Shift
The Social and Human Capital Protocol
The process of a capitals assessment
Step 1: Getting started - social and human capital stocks, flows, and values
Stakeholder perspectives and target audience
Step 2: Defining your objective
Step 3: Determining the appropriate scope
Step 4: Introducing impact drivers and dependencies
Bibliography & further reading
Social and human capital impacts and dependencies in practice
Defining a target audience and objective
Scoping an assessment in practice
Final assessment module 2
How to get started with measuring and valuing impacts and dependencies on social and human capital
Social Value International (SVI) Principles
Impact & dependency pathways
Identifying good indicators for measuring social and human capital
Valuing social and human capital
Tony's Chocolonely: Measuring, valuing, and disclosing in the cocoa sector
Occupational safety and health: Jacobs Engineering Group
Living wage: Tony's Living Wage
Bridging capital: Natura
Key take-aways module 3
Learning objectives module 3
Stakeholder engagement and quality of relationships
Business stories on measurement and valuation processes
Valuation techniques
Introducing pathways for social and human capital
Dependency pathway: Occupational safety & health
Impact pathway: Equitable workplace
Impact pathway: Living wage
Dependency pathway: Bridging capital
Impact pathway: Taxes
Useful tools and resources
Bibliography & further reading
Measuring & valuing
Occupational safety and health
Equitable workplace
Living wage
Bridging capital
Taxes
Final assessment module 3
How to integrate social and human capital into business: commitments and transformation
Apply: Using results in decision-making processes
Novartis: Sonja Haut on Social Risks Along Global Supply Chains
World Business Commission to Tackle Inequality: Taking action
Commit: How companies are setting targets to change
Transform: Time for action
Olam Food Ingredients (Ofi)
Tony's Chocolonely: Influencing the supply chain
Key take-aways module 4
Mark Gough: A call to action
Learning objectives module 4
Interpreting and testing the results
Key standards and guidance for decision-making
Communicating findings and visualizing data
Real-world examples of businesses communicating results
Reflecting on overarching learning goals for the course
Next steps
Bibliography & further reading
Full acknowledgements
Who will you communicate with?
Final assessment module 4
Transforming Business: Valuing social and human capital at Coursera Admission Process
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