Authors: Praveen Goyal; Zillur Rahman
Addresses: Department of Management, Birla Institute of Technology & Science, Pilani, Rajasthan, India ' Department of Management Studies, Indian Institute of Technology Roorkee, Roorkee, India
Abstract: The objective of this study is to develop a model to measure the corporate sustainability performance of the oil and gas industry using an analytical hierarchy process. A top-down approach was used for selecting sustainability indicators based on three dimensions: social, environmental and economic. The model was applied to the case company to assess sustainability performance and for validation purposes. The assessment discloses a little improvement in corporate sustainability performance of the company. Therefore, the model may help analyse corporate sustainability performance in view of a competitive advantage in the long run. This model will also help stakeholders assess the sustainability performances of particular companies and their relative performances with competitors. This model may help develop a set of standards for a particular sector so companies may improve their sustainability performance.
Keywords: analytical hierarchy process; AHP; corporate sustainability; sustainability assessment; India; oil and gas industry; social sustainability; environmental sustainability; economic sustainability; sustainability performance; sustainable development.
International Journal of Intercultural Information Management, 2014 Vol.4 No.1, pp.1 - 14
Received: 17 Jul 2013
Accepted: 29 Mar 2014
Published online: 21 Oct 2014 *