Abstract
Oil and Gas industry is a vital sector of the global economy. There are materials and energetic flow in the consumer economy, and they are both caused and determined by industrial applications. The industrial sector is universally acknowledged as essential to growth and economic generation, despite its negative connotations associated with ecological damage and depletion of resources. Included in the criteria are environmental effects, financial, and standards of ethics for Engineering, Procurement, and Construction (EPC) firms, which span the three pillars of sustainability (environment, economical, and socially). Only a few of Indian companies - including L&T, Reliance, Petrofac, Mc-Dermott, Saipem, Foster Wheeler, Aker Solutions, Punj Lloyd, operate in the Oil Engineering, Procurement, and Construction (EPC) industry. The methodology may be used by any sector, although more detailed indicators will need to be established on an individual basis. The architecture may be implemented into the system gradually using a modular strategy. By using the right criteria, the model also connects the dots between the micro and macro levels of sustainable development. So, it's a tool that businesses can use to evaluate how well they're doing in terms of the principles of sustainable development.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Journal of Management, Public Policy and Research
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
