Abstract

Increased environmental degradation is a global issue which has enhanced the use of green management practices in the industries. This paper evaluates the effectiveness of green management on sustainability and efficiency of organizations of the chosen oil producing companies in South-South Nigeria, the area that is the most affected by oil exploration activities negatively. The study is based on the Triple Bottom Line Theory and the Resource-Based View (RBV) and it analyzes the impact of green innovation, environmental value management and the usage of eco-friendly practices in the organization as the key aspects towards long-term performance and sustainability. Based on a quantitative survey design, a sample size of 314 employees in six oil giants, namely, ExxonMobil, Agip, Eterna Oil, Chevron/Texaco, Pan Ocean, and Belemaoil, was sampled. Descriptive statistics, Pearson correlation and simple linear regression were used to analyze 252 valid responses (80.2) at the 0.05 level using the SPSS. The findings show that there was a strong positive correlation between green management and the efficiency of the organization since companies that practiced pollution control, energy saving, and equipment repair practices had a higher level of productivity and compliance. On the same note, management of environmental value (via environmental education, training and awareness among the public) was observed to also play a significant role in boosting sustainability and corporate image. The results confirm that green management as part and parcel of corporate strategies not only can reduce the risk of environmental risks but also enhance operational excellence and competitive advantage. The research suggests that the oil producing companies should institutionalize extensive green policies, intensify employee education on the issue of environmental compliance, and liaise with regulatory bodies to advance sustainable industrial operations. The actions play a key role in streamlining the oil sector in Nigeria to global sustainability objectives and long-term environmental and economic sustainability.