2026-09-24T02:34:01Zhttps://dspace.mit.edu/server/oai/request

oai:dspace.mit.edu:1721.1/1559842024-08-13T03:27:32Zcom_1721.1_7582com_1721.1_7581col_1721.1_131023

Chu, Johan Wang, Wei Sloan School of Management 2024-08-12T14:13:14Z 2024-08-12T14:13:14Z 2024-05 2024-06-25T18:23:51.453Z https://hdl.handle.net/1721.1/155984 https://orcid.org/0009-0003-7739-7085 This thesis investigates the impact of Environmental, Social, and Governance (ESG) strategies on the development and financial performance of traditional energy companies, specifically focusing on the oil and gas industry. This study constructs a comprehensive simulation framework from System Dynamics modeling to analyze the dynamics of ESG strategies and company operations. The research applies this model to a case study of BP PLC, a major player in the oil and gas sector, to evaluate the effectiveness of ESG strategies on a realistic scale. The model demonstrates that strategic implementation of ESG initiatives leads to improved environmental performance, operational efficiency, and financial performance. The findings suggest companies and policymakers to take firm and prompt actions in investing production efficiency and renewable energy to mitigate future regulatory risk and market uncertainty. This thesis contributes to the perspective of achieving sustainability goals while maintaining profitability. It also provides insights into the challenges and opportunities faced by these companies as they navigate the transition towards more sustainable landscapes. S.M. Massachusetts Institute of Technology In Copyright - Educational Use Permitted Copyright retained by author(s) https://rightsstatements.org/page/InC-EDU/1.0/ The study of ESG strategies on the development and financial performance of traditional energy enterprises using System Dynamics - A case study on one oil and gas company Thesis application/pdf Master Master of Science in Management Studies Publication unknown unknown <Publication xmlns="https://www.openaire.eu/cerif-profile/1.1/" id="93287035-7b87-4efa-aabf-c375fc769c0f"> <Type xmlns="https://www.openaire.eu/cerif-profile/vocab/COAR_Publication_Types">http://purl.org/coar/resource_type/c_1843</Type> <Title>The study of ESG strategies on the development and financial performance of traditional energy enterprises using System Dynamics - A case study on one oil and gas company</Title> <PublishedIn> <Publication> </Publication> </PublishedIn> <PublicationDate>2024-05</PublicationDate> <Authors> <Author> <DisplayName>Wang, Wei</DisplayName> <Affiliation> <OrgUnit> </OrgUnit> </Affiliation> </Author> </Authors> <Editors> </Editors> <Publishers> <Publisher> <DisplayName>Massachusetts Institute of Technology</DisplayName> <OrgUnit /> </Publisher> </Publishers> <License>https://rightsstatements.org/page/InC-EDU/1.0/</License> <Abstract>This thesis investigates the impact of Environmental, Social, and Governance (ESG) strategies on the development and financial performance of traditional energy companies, specifically focusing on the oil and gas industry. This study constructs a comprehensive simulation framework from System Dynamics modeling to analyze the dynamics of ESG strategies and company operations. The research applies this model to a case study of BP PLC, a major player in the oil and gas sector, to evaluate the effectiveness of ESG strategies on a realistic scale. The model demonstrates that strategic implementation of ESG initiatives leads to improved environmental performance, operational efficiency, and financial performance. The findings suggest companies and policymakers to take firm and prompt actions in investing production efficiency and renewable energy to mitigate future regulatory risk and market uncertainty. This thesis contributes to the perspective of achieving sustainability goals while maintaining profitability. It also provides insights into the challenges and opportunities faced by these companies as they navigate the transition towards more sustainable landscapes.</Abstract> <Access xmlns="http://purl.org/coar/access_right" > </Access> </Publication>