ConocoPhillips Australia is the world’s largest independent production company of liquids and natural gas. The company explores and develops crude oil and natural gas internationally. As a result, ConocoPhillips is committed to safety, operating excellence and environmental awareness. Currently, ConocoPhilips operates in over 30 countries, 17,500 employees as of 2013, and an annual return capital of $55 billion. Out of the 30 countries that ConocoPhilips have had activities in, the company has set out six major operation segments between Latin America, Canada, Europe, Asia Pacific, Middle East, and Other International sectors.
This report will be focusing on the OHS of ConocoPhillips Australia. However, other business components to be assessed are health and safety, environmental impact, the community of investors, diverse employee, and costumers.
The first environmental sustainability issue to consider is investing in employees, safer operation and work benefits to improve employee work ethic within the environment. Other environmental sustainability issues include increasing cleaner energy, minimizing environmental footprints, and improve energy and material efficiency. This will help ConocoPhilips with healthy and safety, as well as environmental impact. ConocoPhilips recognizes major environmental issues that affect employees, investors, and customers. The high volume of human activity creates equally high levels of fossil fuels burning (CPC, 2017). As a result, the increase in greenhouse gases creates adverse results to the climate. Therefore, for ConocoPhillips workers to continue providing efficient energy, the company must work to reduce GHG emissions, utilizing eco-friendly technology and engaging in practical climate change solutions (CPC, 2017).
As the research problem focuses on the environmental impact pertaining to several departments of ConocoPhilips, the project research will be limited to secondary data collection within the relevancy of ConocoPhilips. Furthermore, this research will utilize secondary data, as it is appropriate due to availability (Ghauri & Grønhaug, 2010). The growing accessibility of collecting researched data is becoming a more timesaving than traditional book-search data or collecting primary data. Secondary data is also less expensive (Ghauri & Grønhaug, 2010) as the data will already be ready-made, since large statistical data will often be available from government-performed surveys that are free to the public (Fàbregues, 2013). Additionally, secondary data also helps generate new insight when a plethora of data is being analysed, rather than just the perspective of a primary data collection (Fàbregues, 2013). It will help the researcher create a more comprehensive plan by looking at different data.
The majority of the material used for this project will come from ConocoPhilips' 2012 sustainability report. It is especially important to utilize sustainability reports to gauge different measures of actions to take in order to improve the workplace environment of occupational health and safety employees.
Technological advancements often times interfere with environmental sustainability. Therefore, gathering data to improve environmental sustainability may disrupt current systems in the electro-technology field. Furthermore, technology that creates chemical contaminations through the release of toxic gas, such as flora and fauna, will alter the ecosystem. By improving the sustainability of the environment, the technology field will have to find new ways to sustain itself without affecting the environment (CPC, 2017). The problem with financial sustainability and environmental sustainability is the issue of causality between the two. Thus, there is no standard gauge for measuring sustainability. Sustainability itself covers a broad range of socioeconomic and environmental problems (CPC, 2017). However, study shows that there is usually a positive correlation between a company's finance and sustainability (CPC, 2017). Hence, ConocoPhilips should further strategize actions that are environmentally sustainable; as well analyse the correlation between sustainability and electronic innovation.
Implementing environmental performance improvement on resource efficiency. Furthermore, implementing environmental plans to the operational activities of ConocoPhilips, by supervising team members in identifying possible areas of improvement within their regular practice and resource efficiency.
ConocoPhillips Australia is an independent exploration and production company that is recently undergoing changes in its production to improve the workplace environment of occupational health and safety. Other areas to be assessed, besides health and safety, are the environmental impact of ConocoPhillips and as well as the community of investors, diverse employee, and consumers. By utilizing secondary data and the sustainability report, the research will be able to assess sustainability issues such as safer operations that will affect the environment in a positive way, cleaner energy production, and minimizing environmental footprints. Furthermore, improving energy and material efficiency will help ConocoPhilips develop improve the environmental impact of health and safety management. Business components that need to be assessed are the relationship between OHS, staff, and company policies that promote sustainability. Furthermore, environmental sustainability issues should be considered as awareness of problematic pollutant and sanitary work environment all correlate to improve the experience of employees. Method of information acquisition for this type of project would be quantitative in nature, as there is a need to evaluate statistics of sustainable action. Furthermore, quantitative study will utilize secondary research. This will help validate the problem question (Ghauri & Grønhaug, 2010).
Work Cited
Fàbregues, S. (2013). Perform an alternative analysis with the aim of generating new insights from previous analyses. Retrieved, December 18, 2016, from https://xaperezsindin.com/2013/12/.
Ghauri, P., Grønhaug, K. (2010). Research Methods in Business Studies. (4th Ed.). Harlow, UK: Pearson Education.
CPC. (2017.). ConocoPhillips Canada SD Report- Home. Retrieved January 19, 2017, from http://www.cpcsustainability.com/
