Business Environment Kickoff September 6 2016 Business Environment

Business & Environment Kick-off September 6, 2016

Business & Environment Initiative Supports research, education, and outreach to promote solutions to the urgent environmental challenges facing business and society 2

Business & Environment Landscape 3 Curricular Extra-Curricular Career Environmental Content in the RC Student Sustainability Associates Energy & Environment Career Support Elective Courses and Independent Projects Clubs Funding for Summer Internships & Leadership Fellowships Courses at other HU Schools New Venture Competition Alumni Events and Mentorship Program

Curriculum 4

Curriculum Examples of Environmental Content in the RC • Value creation and value capture in an industry where environmental externalities are critical Technology and Operations Management: Arcadia Biosciences: Seeds for Change • Net present value, time value of money, and discount rates in decisions about whether to invest in energy efficiency Finance I: Lighting the Way at the Manor House Hotel • Risk management and pricing in the context of crop insurance in rural India Finance I: BASIX 5

Curriculum Business & Environment Electives Core Courses • Building Sustainable Cities and Infrastructure • Immersive Field Course: Africa: Building Cities • Reimagining Capitalism: Business and Big Problems Industry Verticals • Innovating in Energy • Agribusiness 6 Other Related Courses • Business at the Base of the Pyramid • Entrepreneurial Finance • Field Course: Social Innovation Lab • Retailing

Curriculum Independent Projects • Business Model for Wecyclers Helped Nigerian recyclers increase tonnage of plastics waste collected and set up an economically viable system to process collected material (Prof. Rebecca Henderson) • Project Re. Generation — Power Plant Repurposing Explored the market opportunity, site selection criteria, and unit economics to repurpose coalfired power plants (Prof. John Macomber) • Electric Boiler in China Addressed feasibility of retrofitting existing coal-fired boiler facilities with pulverized coal-fired boilers and integrating wind power to provide heating during the winter (Prof. Joe Lassiter) 7

Curriculum Courses at Other Harvard University Schools • Electricity Market Design: Prof. William Hogan, Harvard Kennedy School Infrastructure investment, resource adequacy, pricing models, cost allocation, energy trading, forward hedging, market manipulation, distribution regulation, and policy for clean energy innovation • Contemporary Issues in Oil & Gas Law: Prof. Kate Konschnik, Harvard Law School Fracking, takings, pipelines, and regulation • Climate Solutions Living Lab: Prof. Wendy Jacobs, Harvard Law School Design practical solutions for reducing the use of fossil fuels in the U. S. and abroad • Sustainability for Health—Leadership Series: Prof. Joseph Allen, Harvard School of Public Health 8

Extra. Curricular 9

Extra-Curricular Sustainability Highlights (FY 15)

Extra-Curricular Culture and Learning: Student Sustainability Associate Overview • 10 SSAs, one per section • HBS students with an interest in environmental sustainability • Hired by Operations: $18/hrs, ~34 hrs/wk • Lead student campaigns & independent projects • Act as the sustainability resource for the section • Serve as advisors to the HBS Business & Environment Initiative SSA Project: HBS Bee Hives SSA Waste Campaign Challenge

Extra-Curricular Energy & Environment Club: Our Focus • Mission Vision Connect students in the energy industry, educate and prepare students for careers in the energy industry, strengthen the energy community at HBS, and serve as a hub for energy innovation Continued innovation is necessary to tackle the most pressing challenges in the energy and environment sectors, and we envision members of the HBS community having an impact both as thought leaders and innovators 1. Community – strengthen HBS and Boston energy community Areas of Focus 2. Education – prepare students for careers in energy 3. Careers – network and build career in energy 4. Innovation – serve as a hub for innovation in energy 1

Extra-Curricular Energy & Environment Club: Our Initiatives Community Education • Third Thursday happy hours • Energy Symposium on October 8 th • Small group dinners • Energy Industry 101 sessions • Women’s wine night • Alumni Panels in Energy • Energy Bar at Greentown Labs • CPD Introductions to Energy Industry Innovation Careers • Greentown Labs collaboration • Company treks to San Francisco, Houston • Harvard i-Lab and Rock Center • Club resume book • Energy Venture Fellows • On-campus presentations • MIT Clean Energy Prize • Collaboration with BEI on mentorship 1

Extra-Curricular New Venture Competition Seeks Environmental Entrepreneurs New Venture Competition Kickoff! October 5, 5: 00 pm, Williams Room • Business Track for ventures with economic returns that drive substantial market value • Social Enterprise Track for ventures that drive social change using nonprofit, for-profit, or hybrid models 14 Haruumi Shiode (MBA 2016), founder of Nature Inc. (Nest for room air conditioners) New Venture Competition Finalist, Business Track

Career 15

Funding for Summer Internships & Leadership Fellowships Career • Summer funding available to explore career opportunities in roles or geographic regions where compensation may be lower than traditional MBA • Second-year students entering nonprofit or public sectors may apply to HBS Leadership Fellows program. Past Leadership Fellow positions: World Wildlife Fund Nature Conservancy Rocky Mountain Institute 16

Alumni Events Career Smriti Mishra, MBA 2012 Energy Markets Team Leader, Ener. NOC Patrick Song, MBA 2002 Senior Director of Finance, Oasys Water Sylvain Mansier, MBA 2012 Co-Founder, CFO Sungage Lauren Burrows, MBA 2013 VP Wind. Sail Capital

Career BEI Student-Alumni Mentorship Program • Connects MBA students with alumni working in environment, energy, and agribusiness careers • Students paired with alumni based on industry, location, career profile, and other sector-specific information • Timeline: Week of October 3 rd – Program announced via email and through BEI newsletter along with instructions for how to sign up October 17 th – Last day to sign up! Early November – BEI announces mentor-student matches via email • Program contact: Marina I. Jokic, BEI Coordinator (mjokic@hbs. edu) 18

Thank you! Business & Environment Initiative hbs. edu/environment 19