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Modelling the linkage between fossil fuel usage and organizational sustainability

Choudhary, Sangita; Panda, Tapan; Behl, Abhishek

Authors

Sangita Choudhary

Tapan Panda



Abstract

In today's competitive business environment, ensuring the sustainability in long-run remains a key challenge for business organizations. Using fossil fuel-based technologies for in carrying out operating activities may put organizational sustainability at stake. Until now, researcher have not paid much attention to explore these issues. Consequently, following the recommendations of natural-resource-based view current study attempts to identify the issues & sub-issues concerning fossil-fuel usage by businesses and solutions to mitigate the effect of these. To understand the priority order of these identified issues and respective sub-issues, BWM (Best Worst Method) is employed. Further, current work uses VIKOR (VlseKriterijumska Optimizacija I Kompromisno Resenje) to explore the ranks of the proposed solutions considering the issues under consideration. Current analysis indicates “Legislation” to remain the most important issue followed by “Environment.” Further, ‘Sensitising and training employees towards usage of fossil fuel-based technologies with no wastage or minimum wastage’ is observed as the most workable solution in the short-term. The solution “Switching to renewable energy sources” is ranked on the second position. Findings of current study carry significant informational content that may assist organizations in developing the strategic framework to achieving long-term sustainability.

Citation

Choudhary, S., Panda, T., & Behl, A. (2023). Modelling the linkage between fossil fuel usage and organizational sustainability. Journal of Cleaner Production, 413, Article 137440. https://doi.org/10.1016/j.jclepro.2023.137440

Journal Article Type Article
Acceptance Date May 8, 2023
Online Publication Date May 16, 2023
Publication Date Aug 10, 2023
Deposit Date Jul 2, 2024
Journal Journal of Cleaner Production
Print ISSN 0959-6526
Publisher Elsevier
Peer Reviewed Peer Reviewed
Volume 413
Article Number 137440
DOI https://doi.org/10.1016/j.jclepro.2023.137440
Public URL https://keele-repository.worktribe.com/output/855925
Publisher URL https://www.sciencedirect.com/science/article/pii/S0959652623015986?via%3Dihub