The Arctic Environmental Responsibility Index: A method to rank heterogenous extractive industry companies for governance purposes
Abstract The Arctic Environmental Responsibility Index (AERI) covers 120 oil, gas, and mining companies involved in resource extraction north of the Arctic Circle in Alaska, Canada, Greenland, Finland, Norway, Russia, and Sweden. It is based on an international expert perception survey among 173 mem...
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Online Access: | http://dx.doi.org/10.1002/bse.2698 https://onlinelibrary.wiley.com/doi/pdf/10.1002/bse.2698 https://onlinelibrary.wiley.com/doi/full-xml/10.1002/bse.2698 |
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crwiley:10.1002/bse.2698 2024-06-09T07:43:18+00:00 The Arctic Environmental Responsibility Index: A method to rank heterogenous extractive industry companies for governance purposes Overland, Indra Bourmistrov, Anatoli Dale, Brigt Irlbacher‐Fox, Stephanie Juraev, Javlon Podgaiskii, Eduard Stammler, Florian Tsani, Stella Vakulchuk, Roman Wilson, Emma C. Norges Forskningsråd 2021 http://dx.doi.org/10.1002/bse.2698 https://onlinelibrary.wiley.com/doi/pdf/10.1002/bse.2698 https://onlinelibrary.wiley.com/doi/full-xml/10.1002/bse.2698 en eng Wiley http://creativecommons.org/licenses/by/4.0/ Business Strategy and the Environment volume 30, issue 4, page 1623-1643 ISSN 0964-4733 1099-0836 journal-article 2021 crwiley https://doi.org/10.1002/bse.2698 2024-05-16T14:27:26Z Abstract The Arctic Environmental Responsibility Index (AERI) covers 120 oil, gas, and mining companies involved in resource extraction north of the Arctic Circle in Alaska, Canada, Greenland, Finland, Norway, Russia, and Sweden. It is based on an international expert perception survey among 173 members of the International Panel on Arctic Environmental Responsibility (IPAER), whose input is processed using segmented string relative ranking (SSRR) methodology. Equinor, Total, Aker BP, ConocoPhillips, and BP are seen as the most environmentally responsible companies, whereas Dalmorneftegeophysica, Zarubejneft, ERIELL, First Ore‐Mining Company, and Stroygaz Consulting are seen as the least environmentally responsible. Companies operating in Alaska have the highest average rank, whereas those operating in Russia have the lowest average rank. Larger companies tend to rank higher than smaller companies, state‐controlled companies rank higher than privately controlled companies, and oil and gas companies higher than mining companies. The creation of AERI demonstrates that SSRR is a low‐cost way to overcome the challenge of indexing environmental performance and contributing to environmental governance across disparate industrial sectors and states with divergent environmental standards and legal and political systems. Article in Journal/Newspaper Arctic Greenland Alaska Wiley Online Library Arctic Canada Greenland Norway Business Strategy and the Environment 30 4 1623 1643 |
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Wiley Online Library |
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English |
description |
Abstract The Arctic Environmental Responsibility Index (AERI) covers 120 oil, gas, and mining companies involved in resource extraction north of the Arctic Circle in Alaska, Canada, Greenland, Finland, Norway, Russia, and Sweden. It is based on an international expert perception survey among 173 members of the International Panel on Arctic Environmental Responsibility (IPAER), whose input is processed using segmented string relative ranking (SSRR) methodology. Equinor, Total, Aker BP, ConocoPhillips, and BP are seen as the most environmentally responsible companies, whereas Dalmorneftegeophysica, Zarubejneft, ERIELL, First Ore‐Mining Company, and Stroygaz Consulting are seen as the least environmentally responsible. Companies operating in Alaska have the highest average rank, whereas those operating in Russia have the lowest average rank. Larger companies tend to rank higher than smaller companies, state‐controlled companies rank higher than privately controlled companies, and oil and gas companies higher than mining companies. The creation of AERI demonstrates that SSRR is a low‐cost way to overcome the challenge of indexing environmental performance and contributing to environmental governance across disparate industrial sectors and states with divergent environmental standards and legal and political systems. |
author2 |
Norges Forskningsråd |
format |
Article in Journal/Newspaper |
author |
Overland, Indra Bourmistrov, Anatoli Dale, Brigt Irlbacher‐Fox, Stephanie Juraev, Javlon Podgaiskii, Eduard Stammler, Florian Tsani, Stella Vakulchuk, Roman Wilson, Emma C. |
spellingShingle |
Overland, Indra Bourmistrov, Anatoli Dale, Brigt Irlbacher‐Fox, Stephanie Juraev, Javlon Podgaiskii, Eduard Stammler, Florian Tsani, Stella Vakulchuk, Roman Wilson, Emma C. The Arctic Environmental Responsibility Index: A method to rank heterogenous extractive industry companies for governance purposes |
author_facet |
Overland, Indra Bourmistrov, Anatoli Dale, Brigt Irlbacher‐Fox, Stephanie Juraev, Javlon Podgaiskii, Eduard Stammler, Florian Tsani, Stella Vakulchuk, Roman Wilson, Emma C. |
author_sort |
Overland, Indra |
title |
The Arctic Environmental Responsibility Index: A method to rank heterogenous extractive industry companies for governance purposes |
title_short |
The Arctic Environmental Responsibility Index: A method to rank heterogenous extractive industry companies for governance purposes |
title_full |
The Arctic Environmental Responsibility Index: A method to rank heterogenous extractive industry companies for governance purposes |
title_fullStr |
The Arctic Environmental Responsibility Index: A method to rank heterogenous extractive industry companies for governance purposes |
title_full_unstemmed |
The Arctic Environmental Responsibility Index: A method to rank heterogenous extractive industry companies for governance purposes |
title_sort |
arctic environmental responsibility index: a method to rank heterogenous extractive industry companies for governance purposes |
publisher |
Wiley |
publishDate |
2021 |
url |
http://dx.doi.org/10.1002/bse.2698 https://onlinelibrary.wiley.com/doi/pdf/10.1002/bse.2698 https://onlinelibrary.wiley.com/doi/full-xml/10.1002/bse.2698 |
geographic |
Arctic Canada Greenland Norway |
geographic_facet |
Arctic Canada Greenland Norway |
genre |
Arctic Greenland Alaska |
genre_facet |
Arctic Greenland Alaska |
op_source |
Business Strategy and the Environment volume 30, issue 4, page 1623-1643 ISSN 0964-4733 1099-0836 |
op_rights |
http://creativecommons.org/licenses/by/4.0/ |
op_doi |
https://doi.org/10.1002/bse.2698 |
container_title |
Business Strategy and the Environment |
container_volume |
30 |
container_issue |
4 |
container_start_page |
1623 |
op_container_end_page |
1643 |
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1801372061689446400 |