IDEAS home Printed from https://ideas.repec.org/a/zib/zbngwk/v7y2023i1p49-59.html
   My bibliography  Save this article

Major Corporations And Environmental Advocacy: Efforts In Reducing Environmental Impact In Oil Exploration

Author

Listed:
  • Chibuike Daraojimba

    (University of Pretoria, South Africa)

  • Adeyinka Alex Banso

    (J-Cos Consult Ltd, Nigeria)

  • Kelechi Anthony Ofonagoro

    (Kelanth Energy Solutions Limited, Nigeria)

  • Joy Otibhor Olurin

    (Hopewell Company Limited, Ibaban, Oyo State, Nigeria)

  • Sodrudeen Abolore Ayodeji

    (Matrix Energy Limited, Lagos, Nigeria)

  • Vincent Ebhohime Ehiaguina

    (Everty Property Management, Lagos)

  • Tina Chinyere Ndiwe

    (Osmotic Engineering Group, South Africa)

Abstract

This comprehensive study embarked on a critical journey to scrutinize and evaluate the effectiveness of corporate environmental initiatives implemented in recent years, particularly focusing on the oil sector. Utilizing a meticulous literature review strategy, the research analyzed various case studies and scholarly contributions to delineate the current state of environmental advocacy in the corporate sector and identify potential avenues for future research. The methodology encompassed a systematic data extraction and analysis approach, ensuring relevant and reliable data assimilation. The findings underscored a significant shift in the corporate sector towards fostering environmental sustainability through various initiatives spanning different industries. Environmental advocacy has emerged as a potent force urging the industry to adopt more sustainable and ethical practices, particularly in the oil sector. The study revealed a growing awareness and commitment to fostering a sustainable and environmentally responsible corporate sector, characterized by green innovation, sustainable practices, and corporate social responsibility. Based on the analysis, the study recommends developing and implementing robust regulatory frameworks to mandate adherence to sustainable practices, promoting green innovation, and fostering collaborative efforts among various stakeholders. These strategies are envisaged to propel the corporate sector as a significant player in global environmental conservation efforts. Looking ahead, the study identifies a promising trajectory for environmental advocacy, characterized by collaborative efforts, regulatory frameworks, and green innovation, setting a pathway towards a sustainable and environmentally responsible corporate sector.

Suggested Citation

  • Chibuike Daraojimba & Adeyinka Alex Banso & Kelechi Anthony Ofonagoro & Joy Otibhor Olurin & Sodrudeen Abolore Ayodeji & Vincent Ebhohime Ehiaguina & Tina Chinyere Ndiwe, 2023. "Major Corporations And Environmental Advocacy: Efforts In Reducing Environmental Impact In Oil Exploration," Engineering Heritage Journal (GWK), Zibeline International Publishing, vol. 7(1), pages 49-59, October.
    • Handle: RePEc:zib:zbngwk:v:7:y:2023:i:1:p:49-59
    DOI: 10.26480/gwk.01.2023.49.59
    as

    Download full text from publisher

    File URL: https://enggheritage.com/archives/1gwk2023/1gwk2023-49-59.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.26480/gwk.01.2023.49.59?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Qi Zhang & Lawrence Loh & Weiwei Wu, 2020. "How do Environmental, Social and Governance Initiatives Affect Innovative Performance for Corporate Sustainability?," Sustainability, MDPI, vol. 12(8), pages 1-18, April.
    2. Seyedeh Zahra Zamani, 2022. "Small and Medium Enterprises (SMEs) facing an evolving technological era: a systematic literature review on the adoption of technologies in SMEs," European Journal of Innovation Management, Emerald Group Publishing Limited, vol. 25(6), pages 735-757, April.
    3. Thomas K. Dasaklis & Theodore G. Voutsinas & Giannis T. Tsoulfas & Fran Casino, 2022. "A Systematic Literature Review of Blockchain-Enabled Supply Chain Traceability Implementations," Sustainability, MDPI, vol. 14(4), pages 1-30, February.
    4. Xiang Ma & Young-Seok Ock & Fengpei Wu & Zhenyang Zhang, 2022. "The Effect of Internal Control on Green Innovation: Corporate Environmental Investment as a Mediator," Sustainability, MDPI, vol. 14(3), pages 1-19, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sotiris P. Gayialis & Evripidis P. Kechagias & Georgios A. Papadopoulos & Nikolaos A. Panayiotou, 2022. "A Business Process Reference Model for the Development of a Wine Traceability System," Sustainability, MDPI, vol. 14(18), pages 1-23, September.
    2. Jianfei Zhao & Anan Pongtornkulpanich & Wenjin Cheng, 2022. "The Impact of Board Size on Green Innovation in China’s Heavily Polluting Enterprises: The Mediating Role of Innovation Openness," Sustainability, MDPI, vol. 14(14), pages 1-20, July.
    3. Teuta Veseli-Kurtishi & Blerta Abazi Chaushi, 2024. "The Impact of Emerging Technologies on Digital Transformation in Small and Medium Enterprises," European Journal of Studies in Management and Business, EUROKD, vol. 31, pages 18-30.
    4. Tahir, Iram & Shahzad, Khuram & Ensari, M. Sebnem, 2024. "Utilising blockchain technology for managing natural resources: A case study of Reko Diq copper-gold project, Pakistan," Resources Policy, Elsevier, vol. 98(C).
    5. Franco Rubino & Francesco Napoli, 2020. "What Impact Does Corporate Governance Have on Corporate Environmental Performances? An Empirical Study of Italian Listed Firms," Sustainability, MDPI, vol. 12(14), pages 1-21, July.
    6. Zhiliang Xu & Changxin Xu & Yun Li, 2023. "Green Credit Policy, Environmental Investment, and Green Innovation: Quasi-Natural Experimental Evidence from China," Sustainability, MDPI, vol. 15(10), pages 1-17, May.
    7. Han Long & Gen-Fu Feng & Chun-Ping Chang, 2023. "How does ESG performance promote corporate green innovation?," Economic Change and Restructuring, Springer, vol. 56(4), pages 2889-2913, August.
    8. Samridhi Kapoor & Manoj Govind Kharat & Shreyanshu Parhi & Mukesh Govind Kharat & Shatrudhan Pandey, 2024. "Striving for Business Sustainability: Understanding the Interplay and Impact of Sustainable Finance, Environmental Social Governance Strategy, and Information Technology Integration on Sustainable Ent," Circular Economy and Sustainability, Springer, vol. 4(4), pages 2749-2774, December.
    9. Solomon Gyamfi & Yee Yee Sein, 2021. "Determinants of Sustainable Open Innovations—A Firm-Level Capacity Analysis," Sustainability, MDPI, vol. 13(16), pages 1-17, August.
    10. Lu, Juan & Li, He, 2024. "Can digital technology innovation promote total factor energy efficiency? Firm-level evidence from China," Energy, Elsevier, vol. 293(C).
    11. Anrafel Souza Barbosa & Maria Cristina Basilio Crispim Silva & Luiz Bueno Silva & Sandra Naomi Morioka & Vinícius Fernandes Souza, 2023. "Integration of Environmental, Social, and Governance (ESG) criteria: their impacts on corporate sustainability performance," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-18, December.
    12. Yongxiang Jiao & Fen Xu & Wenjing Ma & Hongen Yang, 2023. "Can Urban Greening Construction Improve the Corporate Preventive Environmental Investment? Evidence from China," Sustainability, MDPI, vol. 15(12), pages 1-17, June.
    13. Ruiyu Dong & Chaofeng Shao & Shuqi Xin & Zhirui Lu, 2023. "A Sustainable Development Evaluation Framework for Chinese Electricity Enterprises Based on SDG and ESG Coupling," Sustainability, MDPI, vol. 15(11), pages 1-26, June.
    14. Zijian Cheng & He Gao & Zhangxin ( Frank) Liu & Sirimon Treepongkaruna, 2024. "Strategic choices in going public: ESG performance implications in China," Business Strategy and the Environment, Wiley Blackwell, vol. 33(8), pages 7708-7728, December.
    15. Zoltán Csedő & József Magyari & Máté Zavarkó, 2022. "Dynamic Corporate Governance, Innovation, and Sustainability: Post-COVID Period," Sustainability, MDPI, vol. 14(6), pages 1-21, March.
    16. Debora Kobayashi Mendes de Oliveira & Joshua Onome Imoniana & Valmor Slomski & Luciane Reginato & Vilma Geni Slomski, 2022. "How do Internal Control Environments Connect to Sustainable Development to Curb Fraud in Brazil?," Sustainability, MDPI, vol. 14(9), pages 1-21, May.
    17. Chen Zhang & Yaoqun Xu & Yi Zheng, 2024. "Blockchain Traceability Adoption in Low-Carbon Supply Chains: An Evolutionary Game Analysis," Sustainability, MDPI, vol. 16(5), pages 1-23, February.
    18. Syaiful Anwar & Tomy Perdana & Meddy Rachmadi & Trisna Insan Noor, 2023. "Product Traceability and Supply Chain Sustainability of Black Soybeans as Raw Materials for Soy Sauce in Maintaining Quality and Safety," Sustainability, MDPI, vol. 15(18), pages 1-23, September.
    19. Jing-Yan Ma & Lei Shi & Tae-Won Kang, 2022. "The Effect of Digital Transformation on the Pharmaceutical Sustainable Supply Chain Performance: The Mediating Role of Information Sharing and Traceability Using Structural Equation Modeling," Sustainability, MDPI, vol. 15(1), pages 1-21, December.
    20. Heying Liu & Chan Lyu, 2022. "Can ESG Ratings Stimulate Corporate Green Innovation? Evidence from China," Sustainability, MDPI, vol. 14(19), pages 1-20, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zib:zbngwk:v:7:y:2023:i:1:p:49-59. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Zibeline International Publishing The email address of this maintainer does not seem to be valid anymore. Please ask Zibeline International Publishing to update the entry or send us the correct address (email available below). General contact details of provider: https://enggheritage.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.