Developing a Business Model for an Oil Company by Integrating Sustainable Development Goals

Zhanna Chistopolova () and Roza Kaspina ()
Additional contact information
Zhanna Chistopolova: Kazan Federal University
Roza Kaspina: Kazan Federal University

Chapter Chapter 35 in Regulation of Finance and Accounting, 2022, pp 449-460 from Springer

Abstract: Abstract Today, no one has any questions about the importance of sustainable development of the world including business. There are still issues related to effective management of sustainable business development. Integrated reporting is becoming a trend of best practices. It can help to attract additional investment and manage the business better. The chapter considers the issues of managing the sustainable development of an oil company on the basis of integrated reporting, specifically the development of a business model integrated with the Sustainable Development Goals (SDGs) and Key performance indicators (KPIs), to assess the achievement of these goals. KPIs are offered to companies for each of the 17 goals and it is recommended to monitor KPIs in order to be able to take stock of progress and compare their results with those of other companies in the same industry. For analysis, 13 member companies of the Oil and Gas Climate Initiative (OGCI) were taken. A qualitative analysis of their activities in alternative energy was carried out and their activities in combating climate change were evaluated.

Keywords: Business model; Key performance indicators; Integrated reporting; Capitals; Accounting; Management accounting; Sustainable development (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-030-99873-8_35

Ordering information: This item can be ordered from
http://www.springer.com/9783030998738

DOI: 10.1007/978-3-030-99873-8_35

Access Statistics for this chapter

More chapters in Springer Proceedings in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().