Learners are introduced to key risk and opportunity management terminology and concepts, including how uncertainty affects organisational objectives. The elective explores the different types of sustainability-related risks organisations face, such as physical, transitional, regulatory, reputational and strategic risks, alongside the opportunities that can emerge from the same conditions when managed effectively. 

Learners examine the internal and external drivers that shape risk and opportunity, including climate change, regulation, innovation, stakeholder pressure and resource constraints, and how these drivers translate into downstream organisational impacts. Relevant frameworks and approaches for managing sustainability-related risks and opportunities are introduced to provide structured, practical context.

Learners reflect on how sustainability risks and opportunities show up within their own organisational and sector context. Practical examples support understanding of how risks and opportunities are identified, assessed and prioritised using proportionate tools and processes. Learners consider how governance, oversight and continual monitoring support effective decision-making and long-term resilience.

Learners will gain confidence in discussing sustainability-related risks and opportunities using shared language and recognised frameworks. They will better understand how effective management supports resilience, competitiveness, stakeholder trust and access to finance, while reducing long-term cost and disruption.

This elective is valuable for learners involved in planning, governance, strategy, projects or sustainability roles, and for anyone contributing to organisational decision-making under uncertainty.