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A system dynamics sustainable business model for Petroleos Mexicanos (Pemex): case based on the Global Reporting Initiative

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  • J A Duran-Encalada

    (Universidad de Las Americas Puebla, Puebla, México)

  • A Paucar-Caceres

    (Manchester Metropolitan University Business School, Manchester, UK)

Abstract

We propose a System Dynamics model to explain the implementation and development of business sustainable policies at Petroleos Mexicanos (Pemex). The model is built using information reported by this company on the Global Reporting Initiative website. The simulation model incorporates the participation and expectations of internal and external stakeholders in defining sustainability (as perceived by the organization) and implementing its initiatives. Three variables (leadership, stakeholder motivation and external factors), identified as leverage points in the model, are used as means to improve the organization's journey towards achieving sustainability. The results of the simulation model seem to indicate that by increasing leadership activity and levels of stakeholder motivation, the journey towards sustainability can be greatly improved, and that external economic factors do not have a significant impact on sustainability achievement. These findings are pertinent for organizations currently in the process of implementing sustainable policies and strategies.

Suggested Citation

  • J A Duran-Encalada & A Paucar-Caceres, 2012. "A system dynamics sustainable business model for Petroleos Mexicanos (Pemex): case based on the Global Reporting Initiative," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 63(8), pages 1065-1078, August.
    • Handle: RePEc:pal:jorsoc:v:63:y:2012:i:8:p:1065-1078
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    Cited by:

    1. Cantele Silvia & Serena Truzzi, 2021. "Sustainable Business Models: Literature Review of Main Contributions and Themes," International Journal of Business and Management, Canadian Center of Science and Education, vol. 15(5), pages 1-11, July.
    2. Arash Najmaei & Zahra Sadeghinejad, 2023. "Green and sustainable business models: historical roots, growth trajectory, conceptual architecture and an agenda for future research—A bibliometric review of green and sustainable business models," Scientometrics, Springer;Akadémiai Kiadó, vol. 128(2), pages 957-999, February.
    3. Krzysztof Dembek & Prakash Singh & Vikram Bhakoo, 2016. "Literature Review of Shared Value: A Theoretical Concept or a Management Buzzword?," Journal of Business Ethics, Springer, vol. 137(2), pages 231-267, August.
    4. Isaac Lemus-Aguilar & Gustavo Morales-Alonso & Andres Ramirez-Portilla & Antonio Hidalgo, 2019. "Sustainable Business Models through the Lens of Organizational Design: A Systematic Literature Review," Sustainability, MDPI, vol. 11(19), pages 1-20, September.

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