Sustainability in the Petroleum Industry: Theory and Practice of Voluntary Self-Commitments

Univ. of Wittenberg Business Ethics Study No. 2010-1

112 Pages Posted: 27 Apr 2010

See all articles by Ingo Pies

Ingo Pies

Martin-Luther-University Halle-Wittenberg

Date Written: February 1, 2010

Abstract

The petroleum industry is confronted with severe deficits in the institutional framework for global business. In order to fill the gap, companies react with voluntary commitments to ecological, social and governance standards. This study analyses a broad variety of Best Practice projects in order to evaluate whether such "new governance" initiatives can contribute to sustainable development.

Keywords: petroleum industry, voluntary commitments, sustainability, new-governance processes, corporate citizenship, ordo-responsibility

JEL Classification: A12, A13, A23, B52, D02, D21, F02, F59, M14

Suggested Citation

Pies, Ingo, Sustainability in the Petroleum Industry: Theory and Practice of Voluntary Self-Commitments (February 1, 2010). Univ. of Wittenberg Business Ethics Study No. 2010-1. Available at SSRN: https://ssrn.com/abstract=1595943 or http://dx.doi.org/10.2139/ssrn.1595943

Ingo Pies (Contact Author)

Martin-Luther-University Halle-Wittenberg ( email )

Grosse Steinstrasse 73
Halle/Saale, DE Saxony-Anhalt 06108
Germany
+49 0 345 55 23420 (Phone)

HOME PAGE: http://ethik.wiwi.uni-halle.de/2166_199920/2166_199912/

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