Data envelopment analysis for environmental assessment: Comparison between public and private ownership in petroleum industry

Sueyoshi, Toshiyuki; Goto, Mika

doi:10.1016/j.ejor.2011.07.046

Cited by 182 publications

(88 citation statements)

References 26 publications

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“…In this paper, we introduce three inputs and four outputs to capture the most salient features of the companies' operations. The selection of inputs and outputs is consistent with literature [28][29][30]. Specifically, we employ the following inputs in the computation of (3)-(5).…”

Section: Inputs and Outputsmentioning

confidence: 99%

“…Li et al [27] use DEA to measure the unified efficiency (i.e., efficiency in terms of economic and environmental performance) of China's electricity supply companies during 2003-2010 and identifies the companies with the best performance. A few researchers have also developed DEA and Malmquist index methods to benchmark the performance of major petroleum companies [28][29][30]. Bevilacqua and Braglia [31] apply DEA to assess the environmental efficiency of seven oil refineries in Italy.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Bevilacqua and Braglia [31] apply DEA to assess the environmental efficiency of seven oil refineries in Italy. Sueyoshi and Goto [28] build three types of DEA models to compare the environmental performance of five international oil companies and 14 national oil companies, and find that international oil companies perform better than national oil companies. Sueyoshi and Goto [29] develop the Malmquist indexes based on DEA for a dataset of 17 oil companies to investigate the change of environmental performance from 2005 to 2009, and find that these companies have improved their performance and the improvement can be attributed to use of green technology.…”

Section: Literature Reviewmentioning

confidence: 99%

“…First, almost all existing papers (e.g., [9,10,12,28,29]) have focused on major national, international and integrated oil companies such as ExxonMobil (Irving, TX, USA), BP (London, UK), and Petrobras (Rio de Janeiro, Brazil), etc. Compared to existing studies, we extend the scope of research to independent producers which have long been an understudied group of companies.…”

Section: Literature Reviewmentioning

confidence: 99%

“…It is notable that DEA models can have different structures in terms of orientation, returns-to-scale, and radial/non-radial setting. The models applied to the assessment of oil and gas producers in literature usually employ the output orientation [29], constant and variable returns-to-scale [30], and both radial [29] and non-radial settings [28].…”

Section: Literature Reviewmentioning

confidence: 99%

See 4 more Smart Citations

Carbon Emission Performance of Independent Oil and Natural Gas Producers in the United States

Wang

2018

Sustainability

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Abstract:The oil and natural gas producers have undergone a lot of pressures to curb their carbon emissions as part of the global efforts to address the climate change problem. This paper aims to examine the carbon emission performance of a set of independent oil and natural gas producers in the United States for the period 2011-2015. For each producer, we manually collect its drilling, oil production and gas production data from the annual reports, and extract the carbon emissions data from the EPA's Greenhouse Gas Reporting Program (GHGRP). We develop empirical models based on the data envelopment analysis (DEA) approach and the Malmquist index measurement. The proposed DEA models generate unified efficiency scores to capture the carbon emission performance under natural disposability and managerial disposability respectively. Then the DEA-based Malmquist indexes are derived to measure the change of carbon emission performance over time. We are able to identify climate leaders and laggards among the producers. Furthermore, we find that the performance has improved from 2012 to 2015 under natural disposability. Under managerial disposability, the indexes exhibit significantly greater dispersions than the indexes under natural disposability, and there is an industry-wide loss of efficiency in terms of technical change. The sustainable development of the independent oil and gas producers requires them to invest more in emission mitigation measures, such as energy conservation, leak detection and repair, flaring reduction, and even renewable energy.

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Section: Inputs and Outputsmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

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Carbon Emission Performance of Independent Oil and Natural Gas Producers in the United States

Wang

2018

Sustainability

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Literature Study for Dea Environmental Assessment

2018

Environmental Assessment on Energy and Sustainability by Data Envelopment Analysis

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Does corporate social performance improve environmentally adjusted efficiency? Evidence from the energy sector

Maside‐Sanfiz,

Suárez Fernández,

López‐Penabad

et al. 2023

Corp Soc Responsibility Env

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This study analyses the impact of corporate social performance (CSP), proxied by the Environmental, Social and Governance (ESG) Index and its pillars and dimensions, on the environmentally adjusted efficiency (EAE) of 239 listed companies, over the period 2016–2021, in the global energy sector. The EAE index, estimated via data envelopment analysis (DEA), assesses the efficiency of companies by considering economic aspects alongside CO2 and energy consumption reduction targets. Our results support the hypothesis that only above a certain level of performance, do CSP practices positively influence EAE, so there is a non‐linear U‐shaped association between the overall ESG score and EAE. The same holds for the social and governance pillars, and the human rights and management subspecific dimensions, on EAE. Other ESG attributes show a positive linear relationship with EAE, namely the environmental pillar, the environmental innovation dimension and the shareholder dimension. Our paper has significant implications for companies, policy makers and researchers insofar as it estimates EAE and indicates which CSP practices should be invested in over the long term to have a positive effect on it.

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Data envelopment analysis for environmental assessment: Comparison between public and private ownership in petroleum industry

Cited by 182 publications

References 26 publications

Carbon Emission Performance of Independent Oil and Natural Gas Producers in the United States

Carbon Emission Performance of Independent Oil and Natural Gas Producers in the United States

Literature Study for Dea Environmental Assessment

Does corporate social performance improve environmentally adjusted efficiency? Evidence from the energy sector

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