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Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering
Using The Triple Bottom Line To Select Sustainable Suppliers For A Major Oil And Gas Company, Pandarinath Adarsh Sunkari
Using The Triple Bottom Line To Select Sustainable Suppliers For A Major Oil And Gas Company, Pandarinath Adarsh Sunkari
Graduate Theses and Dissertations
Companies have primarily been focusing on the financial bottom line i.e., on increasing profits by increasing revenues and reducing costs. With high energy usage and environmental change posing threats to the environment and business operations, companies are now considering sustainability. Since some global suppliers have low cost labor, Social well-being and human development has also emerged as major goals of a company performing global operations. Focusing on these three goals is termed the "Triple Bottom Line" (TBL). We study and explore the TBL benefits that could be realized by an oil and gas company by focusing on sustainable suppliers. A …
Incorporating Environmental And Social Factors Into Decision-Making Of An Oil And Gas Industry To Improve Sustainability, Gaurav Dabhadkar
Incorporating Environmental And Social Factors Into Decision-Making Of An Oil And Gas Industry To Improve Sustainability, Gaurav Dabhadkar
Graduate Theses and Dissertations
The energy industry (including the oil and gas industry) is facing unparalleled scrutiny and demands from stakeholders including investors, regulators (industry and environmental), communities, and other stakeholders. Sustainable development is one of the major concerns of the oil and gas industry. Companies are seeking to increase sustainability of their operations by considering environmental and Social concerns in addition to economic concerns. Oil and gas companies need to take decisions at different stages of the product life cycle (e.g. planning, design, exploration, production, and clean-up) which have direct or indirect impact on the organization's objectives. Addressing economic, technical, Social, and environmental …