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Highly Reliable Organisations and Sustainability Risk Management: Safety Cultures in the Nigerian Oil and Gas Supply Chain Sector

Ashem Emmanuel Egila, Muhammad Mustafa Kamal Orcid Logo, Sachin Kumar Mangla Orcid Logo, Nicholas Rich Orcid Logo, Benny Tjahjono Orcid Logo

Business Strategy and the Environment, Volume: Business Strategy and the Environment, 2024; 0:1–22

Swansea University Author: Nicholas Rich Orcid Logo

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DOI (Published version): 10.1002/bse.4091

Abstract

This study investigates the environmental consequences of pursuing profits in the oil and gas industry, focusing on Nigeria. It examines the role of top management commitment, safety culture and stakeholder risk prioritisation in the industry. By surveying 441 stakeholders, this study highlights the...

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Published in: Business Strategy and the Environment
ISSN: 0964-4733 1099-0836
Published: Wiley 2024
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URI: https://cronfa.swan.ac.uk/Record/cronfa68640
Abstract: This study investigates the environmental consequences of pursuing profits in the oil and gas industry, focusing on Nigeria. It examines the role of top management commitment, safety culture and stakeholder risk prioritisation in the industry. By surveying 441 stakeholders, this study highlights the importance of extensive stakeholder engagement and a systemic supply chain approach in building resilience and shaping sustainable practices. The findings reveal that stakeholder risk perception influences sustainability risk management; however, variations in risk prioritisation between internal and external stakeholders remain a challenge. The study advocates for a paradigm shift and emphasises the crucial role of high-reliability management in guiding organisations towards effective risk mitigation strategies for the industry's immediate health, communities, environment and future.
Keywords: high-reliability organisation | oil and gas supply chains | organisational safety culture | sustainability risk management | top management commitment.
College: Faculty of Humanities and Social Sciences