Measurement development for eco-innovation capabilities of Malaysian oil and gas firms

Munodawafa, Russell Tatenda; Johl, Satirenjit Kaur

doi:10.1108/ijppm-07-2020-0404

Cited by 6 publications

(9 citation statements)

References 92 publications

(109 reference statements)

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“…Management commitment and training sessions are found to be the biggest factors to adopt GSCM practices for O&G companies [3], and these are validated through the research findings. The adoption of environmental management systems [19,34] and compliance to regulations and environmental programs [22] are the third most common sub-practice found in IEM, and evidence of this has also been found for O&G companies previously [2,37].…”

Section: Discussionmentioning

confidence: 99%

“…O&G companies are also adopting carbon capture and storage technologies (CCS) which aim to capture and reuse the carbon emissions from its operations rather than releasing these to the atmosphere [12]. Firms are also using eco-innovation capabilities and energy efficient technologies to produce less waste [5] and reduce the use of energy, which helps to reduce GHG emissions and the overall carbon footprint and improve air quality in the production process [5,9,37]. Companies are developing innovative technologies that are designed to reduce the environmental footprint [9].…”

Section: Gscm Practices Academic Sourcesmentioning

confidence: 99%

“…X [4,5,9,37] 3. Optimizing and making the production process lean by reducing, reusing, recycling, and remanufacturing materials.…”

Section: Gscm Practices Academic Sourcesmentioning

confidence: 99%

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Sustainable Supply Chain Practices in the Oil and Gas Industry: A Case Study

Hasan,

Thomas,

Tomos

2024

Sustainability

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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.

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Section: Discussionmentioning

confidence: 99%

Section: Gscm Practices Academic Sourcesmentioning

confidence: 99%

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Sustainable Supply Chain Practices in the Oil and Gas Industry: A Case Study

Hasan,

Thomas,

Tomos

2024

Sustainability

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“…The Malaysian experience in assessing and ranking competitiveness is based on the application of innovation opportunity scaling [3]. The main opportunities for increasing competitiveness are assessed from the standpoint of greening and the application of ecoinnovations.…”

Section: Literature Foundationsmentioning

confidence: 99%

Assessment and Integral Indexing of the Main Indicators of Oil and Gas Companies by Circular Convolution

et al. 2022

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In the oil and gas industry, which is the basis of the Russian energy market, a significant and urgent question arises: How to distribute companies according to their investment attractiveness? Accordingly, quantitative indicators are needed. Lacking extensive experience in the practical implementation of fundamental rating tools, work is needed to develop methodologies of weighting coefficients and lists, built on the experience of the “big three” rating agencies. The article proposes an algorithm for forming an integral rating of companies based on financial reporting indicators and the author’s rules of fuzzy logic based on the principle of “circular convolution”, from the best to the slave, deepening the analysis to the center, when all companies are exhausted and places in the rating are distributed. The problem of assessing and integrally indexing the indicators of large companies in leading sectors of the economy (e.g., oil and gas, banks, electricity) is becoming manifest, while it is obvious that there is competition between large companies of the country’s leading industries for state investment resources. The nature of the leading industries is such that it is necessary to assess the quality of the company’s functioning based on the formation of rating groups. Based on the rating, investments are distributed among the companies under consideration. The author has developed a portfolio model that is analogous to the Harry Max Markowitz model, which does not contradict this model but allows consideration of a broader range of risk assessments used in the model (for example, the rating of companies). The optimal portfolio is built, taking into account the resulting index and the initial grouping in the hierarchical data correction mode. The logically sequential method of circular convolution of four important indicators to an integral index and a mathematically substantiated method for optimizing the minimax portfolio presented in the work will allow the investor to develop optimal (from the point of view of the transparency of the apparatus used, mathematical feasibility and time spent on the implementation of the software package) tools for investing and enlarging his capital.

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“…Eco-innovation combines ecological, economic, and social aspects in the company's innovation activities [13]. The company seeks to integrate eco-innovation into its business strategy [35]. This concept used in various industries includes automotive [36,37], wine [10], and various other industries [38].…”

Section: Eco-innovationmentioning

confidence: 99%

Open Innovation Strategies and SMEs’ Performance: The Mediating Role of Eco-Innovation in Environmental Uncertainty

Nuryakin

Nurjanah

Ardyan

2022

Management Systems in Production Engineering

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The current increasing topic around empirical study is environmental issues. Several previous studies examined how open innovation strategies could affect eco-innovation amid research debates about environmental conservation in corporate innovation. This study aims to prove the effect of open innovation strategies on creating eco-innovation to affect SMEs’ sustainable competitive advantage and performance empirically. This study developed and empirically tested the mediating role of eco-innovation on sustainable competitive advantage and performance. A quantitative approach in testing the empirical research model was implemented. A total of 223 SMEs in the batik sector in Yogyakarta were examined. We used purposive sampling approach to select the research sample. The criteria used in the sampling is SMEs batik which has been operating for three years or more. The results revealed that open innovation strategies significantly positively affected eco-innovation while eco-innovation significantly positively affected competitive advantage and SMEs performance. Environmental uncertainty strengthened the eco-innovation relationship on competitive advantage, but not on the SMEs’ performance.

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Measurement development for eco-innovation capabilities of Malaysian oil and gas firms

Cited by 6 publications

References 92 publications

Sustainable Supply Chain Practices in the Oil and Gas Industry: A Case Study

Sustainable Supply Chain Practices in the Oil and Gas Industry: A Case Study

Assessment and Integral Indexing of the Main Indicators of Oil and Gas Companies by Circular Convolution

Open Innovation Strategies and SMEs’ Performance: The Mediating Role of Eco-Innovation in Environmental Uncertainty

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