A Sustainability Accounting: Case Study on Exploration, Production and Midstream Activities at Maersk Oil

Authors

  • Saeid Homayoun University of Gavle, Sweden
  • Faisal F.J. Al-Thani
  • Sakine Homayoun

Abstract

This paper gives a short introduction to sustainable accounting and its essential measurement problems. The greatest challenge seems to be how companies should create sustainability reports that achieve the demands for transparency and accuracy. Because the current frameworks vary considerably, the development of standards and guidance to report sustainability will most likely continue to evolve. This study proposes a model to Maersk Company allowing them to use a sustainability accounting framework as guidance for disclosure of material sustainability and accounting metrics to determine sustainability-related risks and opportunities it faces using the sustainability accounting standard for the oil and gas industries, particular to exploration, production and midstream activities. Keywords: Sustainability Accounting, Measurement Problems, Oil and Gas IndustriesJEL Classifications: M40, Q56, Q54, L72

Downloads

Download data is not yet available.

Downloads

Published

2016-01-18

How to Cite

Homayoun, S., Al-Thani, F. F., & Homayoun, S. (2016). A Sustainability Accounting: Case Study on Exploration, Production and Midstream Activities at Maersk Oil. International Journal of Energy Economics and Policy, 6(1), 20–27. Retrieved from https://econjournals.com./index.php/ijeep/article/view/1435

Issue

Vol. 6 No. 1 (2016)

Section

Articles

License

Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication.