The effect of Supply Chain Management in the Oil and Gas industry on the Environment: A case of Saudi Arabia.
Date
2024-01-28
Authors
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Publisher
Swansea University
Abstract
This study explores the effects of supply chain management (SCM) practices on the
environment within the oil and gas industry in Saudi Arabia. Through utilising
questionnaire-based data from various participants, this research highlights the
industry's awareness and measures towards environmental sustainability. A majority
of the respondents indicated an emphasis on environmental consciousness with
numerous companies actively implementing measures to mitigate environmental
impacts. The research underscores the significance of innovative technologies in
enhancing sustainability in SCM practices. Limitations of the study encompassed its
focus on the oil and gas sector and the potential for richer thoughts with mixed
methodology. Recommendations encompass the adoption of a circular economy,
integration of advanced technologies in SCM, strict environmental regulations and
support for companies committing to environmental sustainability. The findings serve
as a crucial reference point for policymakers and industry stakeholders in embracing
sustainable SCM practices in the oil and gas sector.
Description
Keywords
- oil and gas industry., - environmental sustainability., - environmental consciousness., - environmental impacts., - effects of supply chain management.