Triple bottom line analysis of oil and gas industry with multicriteria decision making

A few years ago became notorious the inclusion of environmental and social issues in economic decisions, which led to a new strategic framework for organizations. Thus, it is of fundamental importance to know the present limitations and new paradigms in the operational and tactical developing of organizations, aiming at less striking and balanced actions. Thus, the objective was to develop an integrated interpretation of economic, environmental and social issues of the main companies in the oil and gas sectors in the world, featuring their activities through sustainability indicators covered in the three pillars of development (Triple Bottom Line). For the research robustness the decision support multicriteria analysis (AMD) was used as methodology, which in the application of the method ELECTRE III was possible to verify the ranking of companies according to direct sustainable reports. It was concluded that sustainable strategies allied to the Triple Bottom Line are a corporate and operational differential. Thus, it is expected to contribute to the deepening of enterprise policies across all strategic decisions focused on sustainability.

► This paper analyses the sustainability in the oil and gas industry with multicriteria analysis. ► This paper examines the GRI ranking of the five major companies in the sector analysed. ► The Triple Bottom Line was considered to compare the company's performance. ► The multicriteria analysis explain the internalization of sustainability indicators in oil and gas companies.