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Issue-based environmental sustainability factors in Nigeria’s oil and gas industry: the perspectives of academics
Critical perspectives on international business ( IF 2.0 ) Pub Date : 2022-04-26 , DOI: 10.1108/cpoib-02-2020-0012
Mfon Solomon Jeremiah 1 , Kassa Woldesenbet Beta 2 , Raphael S. Etim 3
Affiliation  

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.



中文翻译:

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:学术界的观点

目的

本研究旨在开发一个框架,该框架能够从特定行业的环境问题中识别可持续性因素,并提出这些因素反过来会影响此类行业中公司的企业环境绩效 (CEP)。它还验证了框架的因素识别方面。

设计/方法/途径

本文首先广泛回顾了相关文献,然后开发了一个基于问题的环境可持续性框架,以强调行业特定可持续性因素与 CEP 的结构关系。通过涉及来自尼日尔三角洲学术界的 131 名参与者,该论文使用探索性因素分析技术来减少尼日利亚石油和天然气 (O&G) 行业中几个环境和社会经济问题的行业特定可持续性因素。

发现

环境风险源于企业环境问题,引发社会反应,对企业形象造成负面影响。公司对这些因素的战略反应的性质决定了 CEP。

研究局限性/影响

该研究从学术界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。其他利益相关者的意见未包括在内,因此应谨慎应用。

实际影响

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

尽管之前的大多数研究都集中在通用 CEP 驱动因素上,但本研究提出了可能源自特定行业环境问题的可持续性因素,作为此类行业中 CEP 的关键驱动因素。它提供了尼日利亚油气行业环境问题中出现的此类可靠可持续性因素的经验证据。

更新日期:2022-04-26
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