Abstract
Sustainability reporting within the oil
and gas (O&G) industry started back in the 1990s and has improved
longitudinally since then. However, when reporting their
sustainability-related practices and initiatives, O&G companies
seldomly mention the term green supply chain management (GSCM). The
study aims to investigate the development of GSCM practices in the
O&G sector and to categorize how they are integrated with the
sustainability practices reported by the industry. A multi-phase
research approach was adopted consisting of a comprehensive literature
review, followed by a single case study employed in an international oil
and gas company. Primary data were collected by conducting 12
semi-structured interviews with senior members of an O&G company.
Thematic analysis was employed to analyze the primary data from the
interviews and to synthesize this work with the secondary data in order
to answer the research question. The research identifies that the
adoption of green purchasing practices is still in its infancy, whereas
green production practices are more advanced compared to the current
academic literature on the O&G industry. Additionally, new insights
are obtained on how O&G companies are diversifying their business
models and investing in the renewable energy business. The results of
this work will enable O&G businesses to understand the latest
developments in GSCM practices and how they are impacting the O&G
sector. Practitioners will also be able to benchmark their current GSCM
practices with the research findings and develop and formulate
strategies to maximize the implementation of GSCM practices.
Original language | English |
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Article number | 1720 |
Number of pages | 21 |
Journal | Sustainability |
Volume | 16 |
Issue number | 5 |
DOIs | |
Publication status | Published - 20 Feb 2024 |
Keywords
- Management, Monitoring, Policy and Law
- Renewable Energy, Sustainability and the Environment
- Geography, Planning and Development
- Building and Construction
- sustainable production
- oil and gas
- green supply chains