Integrating Sustainability Practicum into the Business Curriculum

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1 Integrating Sustainability Practicum into the Business Curriculum SMART AND SUSTAINABLE CAMPUSES CONFERENCE MARCH 30, 2015 Department of Accounting

2 Presenting Today D. Scott Showalter Professor of Practice Poole College of Management Carla Davis Communications Coordinator University Sustainability Office 3/23/2015 Department of Accounting

3 SUSTAINABILITY INITIATIVE REAL. GOOD. BUSINESS. Department of Accounting

4 SUSTAINABILITY INITIATIVE REAL. GOOD. We tackle real world social and environmental challenges using business strategy We measure what matters to people, the planet and the bottom line BUSINESS. Collaboratively we drive positive business results, locally and globally Department of Accounting

5 BUSINESS ENGAGEMENT The Sustainability Consortium NC Business Sustainability Network NC Sustainability Connection Industry Speaker Series Department of Accounting

6 STUDENT ENGAGEMENT Undergraduate and graduate Net Impact chapters Sustainability Initiative Student Leadership Program More Than Money Career career development platform Experiential learning projects Zero waste program Department of Accounting

7 Assignment Audit the NC State Annual Sustainability Report 3/23/2015 Department of Accounting

8 About the Report Department of Accounting

9 What s Worth Measuring Is Worth Verifying So let s make sure we re reporting it right. Department of Accounting

10 Summary of Audit of NC State Sustainability Report PREPARED BY POOLE COLLEGE OF MANAGEMENT MAC CLASS FOR Department of Accounting

11 Who Performed the Project 86 MAC Students ACC 550, Advanced Auditing Assignment: Audit NC State s Sustainability Report 3/23/2015 Department of Accounting

12 Purpose of the Audit Evaluate the processes and procedures used in developing the sustainability report and underlying information Perform peer comparison Identify recommendations for improvement Develop and issue reports with findings and observations 3/23/2015 Department of Accounting

13 What Did We Do Expended 1200 student hours Interviewed >20 university faculty and employees Compared University s sustainability report to 15 peer schools Reviewed and tested the processes and controls for preparing information contained in the report 3/23/2015 Department of Accounting

14 What Did We Do Tested the underlying data supporting information presented in the report Reviewed the process for developing and assembling the report Reviewed the University Sustainability website Talked with representatives from other universities Conferred with outside sustainability consultant 3/23/2015 Department of Accounting

15 Observations & Recommendations 3/23/2015 Department of Accounting

16 Observations Accuracy & Process Like Areas for Improvement Some controls in place Some reviews in place Monthly coordination meetings Use of check sheets Use of external calculations Methodologies Check for accuracy Established criteria Record retention Back up information External information 3/23/2015 Department of Accounting

17 Observations Content Like Key strategies and goals Documenting accomplishments Link downturns to causes 3/23/2015 Department of Accounting

18 Observations Content Areas for Improvement Add letter from Chancellor Provide summary Tell good and bad Include STAR scores Use GRI Guidelines Link goals to strategies 3/23/2015 Department of Accounting

19 3/23/2015 Department of Accounting

20 Observations Presentation Like Graphic representations Easy to read Pictures Areas for Improvement Continuous update Include hyperlinks Communicate updates in the Technician 3/23/2015 Department of Accounting

21 Interactive Report Example Department of Accounting

22 3/23/2015 Department of Accounting

23 Interactive Campus Map Example Department of Accounting

24 3/23/2015 Department of Accounting

25 How to apply elements of the audit process Communication is critical What it takes to exhibit professional skepticism How to understand a organization s business The effort to prepare the sustainability report What is sustainability!!!! 3/23/2015 Department of Accounting

26 Challenges Logistics Band-width of professor Work load between groups Uneven knowledge levels of students Expectations of university personnel Bringing it all together Department of Accounting

27 What are we doing this year? Greenhouse gases Waste reduction Energy and water 3/23/2015 Department of Accounting

28 Questions? Department of Accounting

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