Jeremy Hall explores effect of sustainable development considerations in the Brazilian energy industryApr 16, 2013
A 2010 share listing which raised $72.8 billion confirmed oil and gas giant Petrobras as the fourth largest company in the world. However, research from the Beedie School of Business argues that Petrobras’ route to becoming the global giant it is today has not necessarily involved the organization following textbook management advice when it comes to sustainable supply chains.
The research argues that companies should include sustainable development considerations in supply chains as a means of improving social and environmental impacts of production systems, in addition to the financial impact. This may involve investment in areas which traditional thinking would suggest might not be profitable for the organization.
The study, “Understanding why firms should invest in sustainable supply chains: a complexity approach” was authored by Beedie School of Business professors Jeremy Hall, Stelvia Matos and Bruno Silvestre, and published in the International Journal of Production Research.
They argue that firms focusing on individual sustainable development elements are unlikely to find satisfactory solutions to their sustainable supply chain problems, and should be investing in multiple initiatives, even if it does not seem apparent that this investment would be of any benefit. Keep reading…
Tags: Beedie School of Business, biodiesel, biofuels, biotechnology, Brazil, Bruno Silvestre, complexity theory, Ideas@Beedie, International Journal of Production Research, Jeremy Hall, Monsanto, oil and gas, Petrobras, Research, Simon Fraser University, Stelvia Matos, supply chains, sustainability, sustainable supply chains