MIT launches Laboratory for Sustainable Business (S-Lab)

As a world leader in business, engineering and science, MIT is uniquely positioned to define the risks and opportunities involved in creating sustainability-based business models for the future.

S-Lab will teach future CEOs and business leaders the challenges of implementation and how the science of sustainability can be best communicated to policymakers and citizens.

Key to addressing sustainability, says Locke, is in re-defining it. "Up until now we have considered aspects of sustainability -- climate, energy, water, food, poverty, and social development -- in isolation," he says. "S-Lab is developing an integrated framework to consider the system-wide dynamics of human society along with tools and methodologies for measuring and monitoring sustainability efforts and their applications."

Interactive computer-based simulations will enable students to play the role of entrepreneurs seeking to maximize their profits investing in companies that impact the environment.

SOURCE: Greenbiz.com