University of Twente Student Theses


Claims-to-Action Consistency of Major Oil and Gas Firms : A Comparison of Saudi Aramco, ExxonMobil and Shell

Oseme, Kimberly (2023) Claims-to-Action Consistency of Major Oil and Gas Firms : A Comparison of Saudi Aramco, ExxonMobil and Shell.

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Abstract:This thesis critically examines the energy change from the vantage point of the three biggest oil organizations: Saudi Aramco, ExxonMobil, and Shell. The primary emphasis is on the businesses' actions and words in this area. considering these firms' significant influence on the energy system throughout the globe, corporations play an essential part in transitioning to ecologically friendly energy systems. But there continues to be a lack of consensus on the veracity of their statements and the extent to which their claims are consistent given the behaviours previously put into place. This study examines the consistency of claims with actions, especially in areas like carbon emissions, lower emissions investment, methane and flaring reduction, renewable energy resource investment, environmental initiatives, and CCUS (Carbon Capture, Use, and Storage). It does this by drawing on publicly available company reports and ESG Environmental data from Refinitiv Eikon. The establishment of a “claims-to-action” consistency Analysis Framework, intended to evaluate and compare the organisations' transition efforts is one of the main contributions of this thesis. In doing so, the research hopes to add to the larger conversation on corporate transparency and accountability in the energy transition context by exposing discrepancies between claimed promises and concrete actions. The Technological Innovation System (TIS) functions of entrepreneurial activities, knowledge development, knowledge dissemination, and legitimacy creation are utilized to acquire a deeper understanding of the organizations' transition plans. According to this study, the organizations have considerable differences in the degree of “claims-to-action” consistency, which impacts their energy transition procedures and overall sustainability initiatives. Even if the results are eye-opening, they point to the need for more reliable systems to monitor and validate corporate statements and advocate for more significant action in the energy transition process. This thesis informs plans for a more transparent and successful energy transition while offering useful information for stakeholders, such as legislators, investors, and academics.
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:43 environmental science
Programme:Environmental and Energy Management MSc (69319)
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