Issue-based environmental sustainability factors in Nigeria’s oil and gas industry: the perspectives of academics

IF 2 Q3 BUSINESS
Mfon Solomon Jeremiah, Kassa Woldesenbet Beta, Raphael S. Etim
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引用次数: 0

Abstract

Purpose

This study aims to develop a framework that enables the identification of sustainability factors from industry-specific environmental issues, and it proposes that these factors, in turn, can influence the corporate environmental performance (CEP) of firms in such an industry. It also validates the factor identification aspect of the framework.

Design/methodology/approach

The paper starts by reviewing relevant literature extensively and then developing an issue-based environmental sustainability framework to highlight the structural relationship of industry-specific sustainability factors with CEP. By involving 131 participants from academics in Niger Delta, the paper uses exploratory factor analysis techniques to reduce industry-specific sustainability factors from several environmental and socio-economic issues in the Nigerian oil and gas (O&G) industry.

Findings

Environmental risk originates from business environmental issues, and it triggers community reaction, which impacts negatively on corporate image. The nature of firm’s strategic responsiveness to these factors determines CEP.

Research limitations/implications

The study draws from the perspectives of academics on environmental issues in Niger Delta to validate the factor identification aspect of the framework. The views of other stakeholders are not included, and hence, it should be applied with caution.

Practical implications

Useful in identifying and managing industry-specific environmental issues, and thus, achieving some sustainable development objectives.

Originality/value

Although most previous studies have focused on generic CEP drivers, this study proposes sustainability factors that can originate from industry-specific environmental issues as crucial drivers of CEP in such an industry. It provides empirical evidence of such credible sustainability factors emerging from the Nigerian O&G industry’s environmental issues.

尼日利亚石油和天然气行业基于问题的环境可持续性因素:学者的观点
本研究旨在开发一个框架,使从特定行业的环境问题的可持续性因素的识别,并提出,这些因素,反过来,可以影响企业的企业环境绩效(CEP)在这样一个行业。它还验证了框架的因素识别方面。设计/方法/方法本文首先广泛地回顾了相关文献,然后建立了一个基于问题的环境可持续性框架,以突出特定行业的可持续性因素与CEP的结构关系。该论文涉及来自尼日尔三角洲的131名学者,采用探索性因素分析技术,从尼日利亚石油和天然气行业的几个环境和社会经济问题中减少行业特定的可持续性因素。环境风险来源于企业环境问题,引发社会反应,对企业形象产生负面影响。企业对这些因素的战略响应的性质决定了CEP。研究局限/启示本研究从学者对尼日尔三角洲环境问题的观点出发,以验证该框架的因素识别方面。其他涉众的观点不包括在内,因此,应谨慎应用。实际意义有助于识别和管理特定行业的环境问题,从而实现一些可持续发展目标。原创性/价值虽然之前的大多数研究都集中在通用的CEP驱动因素上,但本研究提出了可持续性因素,这些因素可能源于行业特定的环境问题,是此类行业中CEP的关键驱动因素。它提供了这些可信的可持续性因素从尼日利亚石油和天然气行业的环境问题的经验证据。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
4.20
自引率
15.00%
发文量
17
期刊介绍: In recent years, the business practices and management philosophies of global enterprises have been subject to increasingly close scrutiny by commentators in the fields of journalism and academia. Such scrutiny has been motivated by a growing desire to examine the nature of globalisation, its impact on specific communities and its benefits for society as a whole. Coverage includes, but is not restricted to, issues of: ■Globalization ■Production and consumption ■Economic change ■Societal change ■Politics and power of organizations and governments ■Environmental impact
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