Description

Topics and activities covered in the course:
Introduction to Environmental, Social, and Corporate Governance (ESG); The advantages of sustainable development for businesses; Environmental standards; Environmental standards, innovation and IP; Social standards; Social standards and IP; Governance standards; Governance standards, IP compliance and quality standards in IP management; ESG principles in investment and conflict resolution; Implementation of ESG standards

Compétences visées

Learning objectives of the course:
• Understanding the role of ESGs in businesses
• Understanding the interdependencies of ESGs and IP
• Understanding the role of ESGs in Valuation

This UE deals with environmental, social and governance (ESG) aspects of IP management. Environmental factors consider the impact the investment or business has on the environment, such as energy use, carbon emissions, waste management, and natural resource depletion. Social factors consider the impact of the investment or business on people, including employee relations, human rights, community relations, and product safety, while governance factors consider the structure and management of the investment or business, including executive pay, shareholder rights, board composition, and transparency. ESG criteria are increasingly being used by investors, companies, and other stakeholders to evaluate the long-term sustainability and social impact of investments and business decisions. This framework helps promote responsible investing and sustainable business practices that balance social, environmental, and economic considerations. In this Certificate, the key concepts of ESG standards are shown, and ways to create an IP management system compliant with them are discussed.

The interaction of IP management with ESG requirements is multifaceted, here are some examples:

Environmental: An IP management system can help a company protect its environmentally friendly innovations by obtaining patents, trademarks, or other IP rights for inventions that reduce waste, improve energy efficiency, or promote sustainability. This can help the company reduce its environmental impact and enhance its environmental reputation.

Social: An IP management system can help a company protect its socially responsible innovations, such as those that improve access to healthcare or education. By protecting these innovations through IP rights, a company can ensure that its innovations are not misappropriated or used for unintended purposes.

Governance: An IP management system can help a company manage its IP portfolio in a responsible and transparent manner. This can include ensuring that IP rights are properly assigned, monitored, and enforced, and that any disputes are resolved fairly and equitably. A strong IP management system can also help a company demonstrate its commitment to governance by ensuring compliance with relevant laws and regulations.