330.228 Risk-based Performance Management
This course is in all assigned curricula part of the STEOP.
This course is in at least 1 assigned curriculum part of the STEOP.

2023W, VU, 2.0h, 3.0EC, to be held in blocked form


  • Semester hours: 2.0
  • Credits: 3.0
  • Type: VU Lecture and Exercise
  • Format: Presence

Learning outcomes

After successful completion of the course, students are able to:

  • to understand why companies have to include information about their GHG emissions in their management control systems
  • to distinguish the most relevant regulations with regard to GHG emissions management and reporting
  • to interpret GHG related disclosures within annual reports of corporations
  • to establish systems for GHG emissions measurement
  • to incorporate information on GHG emissions in the PDCA cycle
  • apply the 3-Levers-of-Emisssion-Control (3-LoEC) model via R-Tidyverse

Subject of course

This semester's topic: Sustainability management and reporting - Current challenges and implementation

The course consists of three integrated parts

Part A) Legal requirements for GHG measurement and reporting

  • Sustainable finance: regulatory framework and the demand for data on GHG emissions
  • European and global corporate sustainability reporting: overview
  • Carbon accounting: requirements of ESRS 1, IFRS S2 and GHG Protocol
  • GHG Emission-Management Control Systems (GHG Emission-MCS): Overview

Part B) GHG Emission-Management Control Systems: Details

  • Simons' 4-Levers-Of-Control (4-LOC) Management Control Systems 
  • Kaplan's Activity Based Costing (ABC) & Budgeting (ABB)
  • 3-Levers-Of-Emission Control (3-LoEC) Model for measuring GHG emissions via controllable parameters
  • Carbon Foot Print (CFP) at the product level and at the corporate level
  • Planning and reducing GHG emissions with the GHG Emission-MCS

Part C) GHG Emission-Management Control Systems: Implementation

  • Identifying relevant information for measuring GHG emissions
  • Connecting the GHG emission measurement with ABC costing information
  • Calculating the unit Carbon Foot Print (uCFP) by aggregating primary and secondary emissions for Scope 1 and 2 and adding Emission-Liabilities related to Scope 3 w.r.t. consumed materials and applied equipment
  • Starting with uCFP-calculations in MS Excel
  • Calculating uCFP in the Tidyverse library of the R statistics programming language

Teaching methods

Imagine, you are hired by a large Austrian company as an assistant of the Chief Executive Officer (CEO). One of your projects addresses the new legal responsibilities that European companies face with regard to sustainability reporting: You shall help with implementing them – but not only in your company’s external reporting but in its management control system (MCS) as well in order to include sustainability throughout the entire PDCA cycle. “Doing well by doing good” – that is the overall ambition of your new project.

In this course you acquire the needed knowledge, skills and competences for performing these tasks. We will discuss key legal requirements and concepts; also, we will apply them to real-life cases.

The course is offered as a VU (lecture with exercise). In addition to the acquisition of knowledge, the focus is also on the processing of numerous exercises in order to consolidate the knowledge and to highlight practical application issues.

The course is based on the concept of "Flipped Classroom". This means that students have to prepare predefined content before each unit. These contents are discussed and deepened during the classroom sessions. This is followed by a follow-up phase (supplementary literature, exercise examples, etc.).

Mode of examination




Course dates

Wed08:00 - 10:0004.10.2023Theresianumgasse HS 2 Lesson
Wed08:00 - 12:0011.10.2023Theresianumgasse HS 2 Lesson
Wed08:00 - 12:0018.10.2023Theresianumgasse HS 2 Lesson
Wed08:00 - 12:0008.11.2023Theresianumgasse HS 2 Lesson
Wed08:00 - 12:0022.11.2023Theresianumgasse HS 2 Lesson
Wed08:00 - 12:0029.11.2023Theresianumgasse HS 2 Lesson
Wed08:00 - 12:0006.12.2023Theresianumgasse HS 2 Endterm
Wed08:00 - 10:0013.12.2023Theresianumgasse HS 2 Exam
Course is held blocked

Examination modalities

In total, a maximum of 100 points can be obtained. The course comprises the following assessments:

  • Project work:
    • Part I: 30 points
    • Part II: 30 points
    • Quizzes: 20 points
    • Final exam: 20 points

Based on the total points that are obtained, the following grading scheme applies:

  • Very good: >= 87,5 points
  • Good: >= 75 points
  • Satisfactory: >= 62,5 points
  • Sufficient: >= 50 points
  • Not sufficient: < 50 points

Course registration

Begin End Deregistration end
13.09.2023 00:00 03.10.2023 23:59 14.11.2023 23:59


Study CodeObligationSemesterPrecon.Info
066 482 Mechanical Engineering - Management Mandatory electiveSTEOP
Course requires the completion of the introductory and orientation phase
066 926 Business Informatics Mandatory elective


You can find the literature in TUWEL

Previous knowledge

Adviseable is knowledge gained from

  • "Controlling" lecture or
  • "IT-Based Management" lecture

Preceding courses


  • Attendance Required!