Sustainability reporting indicators used by oil and gas companies in GCC countries: IPIECA guidance approach

<div><p>The purpose of this article is to assess the quality of the sustainability reporting indicators used by oil and gas companies (OGCs) in Gulf Cooperation Council (GCC) countries. This study utilizes the International Petroleum Industry Environmental Conservation Association (IPIEC...

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Main Author: Yaseen Aljanadi (18021676) (author)
Other Authors: Abdulsamad Alazzani (18021679) (author)
Published: 2023
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author Yaseen Aljanadi (18021676)
author2 Abdulsamad Alazzani (18021679)
author2_role author
author_facet Yaseen Aljanadi (18021676)
Abdulsamad Alazzani (18021679)
author_role author
dc.creator.none.fl_str_mv Yaseen Aljanadi (18021676)
Abdulsamad Alazzani (18021679)
dc.date.none.fl_str_mv 2023-02-13T03:00:00Z
dc.identifier.none.fl_str_mv 10.3389/fenvs.2023.1069152
dc.relation.none.fl_str_mv https://figshare.com/articles/journal_contribution/Sustainability_reporting_indicators_used_by_oil_and_gas_companies_in_GCC_countries_IPIECA_guidance_approach/25284979
dc.rights.none.fl_str_mv CC BY 4.0
info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv Environmental sciences
Environmental management
GCC countries
sustainability reporting indicators
oil and gas companies
IPIECA
environmental disclosure
dc.title.none.fl_str_mv Sustainability reporting indicators used by oil and gas companies in GCC countries: IPIECA guidance approach
dc.type.none.fl_str_mv Text
Journal contribution
info:eu-repo/semantics/publishedVersion
text
contribution to journal
description <div><p>The purpose of this article is to assess the quality of the sustainability reporting indicators used by oil and gas companies (OGCs) in Gulf Cooperation Council (GCC) countries. This study utilizes the International Petroleum Industry Environmental Conservation Association (IPIECA) guidance as a new robust methodology to assess the quality of sustainability reporting, which is considered a comprehensive benchmark that directly relates to the oil and gas sector. This study conducts a content analysis of the sustainability reports published by OGCs in GCC countries for the 2016–2018 period. The results reveal that the quality of the sustainability indicators disclosed by companies is largely unsuitable. The results also show that companies fail to report detailed information on environmental indicators as the most important category for OGCs. The findings demonstrate that most OGCs in Qatar pay more attention to sustainable reporting indicators than the OGCs in other GCC countries. This study successfully addresses many previously outstanding issues regarding the quality of the sustainability reporting indicators used by OGCs in GCC countries. Hence, the findings paint a clear picture of the situation so that regulators, policymakers, and managers can correct the existing shortcomings in the quality of sustainability reporting and promote sustainability reporting guidance best practices.</p><p> </p></div><h2>Other Information</h2> <p> Published in: Frontiers in Environmental Science<br> License: <a href="https://creativecommons.org/licenses/by/4.0/" target="_blank">https://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.3389/fenvs.2023.1069152" target="_blank">https://dx.doi.org/10.3389/fenvs.2023.1069152</a></p>
eu_rights_str_mv openAccess
id Manara2_f477ddad490d1cfd3813f4ef5aa2726d
identifier_str_mv 10.3389/fenvs.2023.1069152
network_acronym_str Manara2
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oai_identifier_str oai:figshare.com:article/25284979
publishDate 2023
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spelling Sustainability reporting indicators used by oil and gas companies in GCC countries: IPIECA guidance approachYaseen Aljanadi (18021676)Abdulsamad Alazzani (18021679)Environmental sciencesEnvironmental managementGCC countriessustainability reporting indicatorsoil and gas companiesIPIECAenvironmental disclosure<div><p>The purpose of this article is to assess the quality of the sustainability reporting indicators used by oil and gas companies (OGCs) in Gulf Cooperation Council (GCC) countries. This study utilizes the International Petroleum Industry Environmental Conservation Association (IPIECA) guidance as a new robust methodology to assess the quality of sustainability reporting, which is considered a comprehensive benchmark that directly relates to the oil and gas sector. This study conducts a content analysis of the sustainability reports published by OGCs in GCC countries for the 2016–2018 period. The results reveal that the quality of the sustainability indicators disclosed by companies is largely unsuitable. The results also show that companies fail to report detailed information on environmental indicators as the most important category for OGCs. The findings demonstrate that most OGCs in Qatar pay more attention to sustainable reporting indicators than the OGCs in other GCC countries. This study successfully addresses many previously outstanding issues regarding the quality of the sustainability reporting indicators used by OGCs in GCC countries. Hence, the findings paint a clear picture of the situation so that regulators, policymakers, and managers can correct the existing shortcomings in the quality of sustainability reporting and promote sustainability reporting guidance best practices.</p><p> </p></div><h2>Other Information</h2> <p> Published in: Frontiers in Environmental Science<br> License: <a href="https://creativecommons.org/licenses/by/4.0/" target="_blank">https://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.3389/fenvs.2023.1069152" target="_blank">https://dx.doi.org/10.3389/fenvs.2023.1069152</a></p>2023-02-13T03:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.3389/fenvs.2023.1069152https://figshare.com/articles/journal_contribution/Sustainability_reporting_indicators_used_by_oil_and_gas_companies_in_GCC_countries_IPIECA_guidance_approach/25284979CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/252849792023-02-13T03:00:00Z
spellingShingle Sustainability reporting indicators used by oil and gas companies in GCC countries: IPIECA guidance approach
Yaseen Aljanadi (18021676)
Environmental sciences
Environmental management
GCC countries
sustainability reporting indicators
oil and gas companies
IPIECA
environmental disclosure
status_str publishedVersion
title Sustainability reporting indicators used by oil and gas companies in GCC countries: IPIECA guidance approach
title_full Sustainability reporting indicators used by oil and gas companies in GCC countries: IPIECA guidance approach
title_fullStr Sustainability reporting indicators used by oil and gas companies in GCC countries: IPIECA guidance approach
title_full_unstemmed Sustainability reporting indicators used by oil and gas companies in GCC countries: IPIECA guidance approach
title_short Sustainability reporting indicators used by oil and gas companies in GCC countries: IPIECA guidance approach
title_sort Sustainability reporting indicators used by oil and gas companies in GCC countries: IPIECA guidance approach
topic Environmental sciences
Environmental management
GCC countries
sustainability reporting indicators
oil and gas companies
IPIECA
environmental disclosure