As it is predicted that there will be a decrease in production at the oil and gas facilities that are currently operating, it becomes necessary to start developing new oil and gas fields. This results in changes to the state’s policy regarding the participation of private companies in the development and implementation of oil and gas offshore exploration and production new projects. Access to unique fields can be provided to the most socially responsible companies. The purpose of this study is to present the author’s methodology for assessing the dynamics of corporate sustainability. The methodology is based on the assessment of individual, well-founded indicators of sustainable development of companies. The proposed methodology takes into account factors in areas such as occupational health and safety, environmental protection and economic efficiency and identifies two performance indicators. The first indicator is an aggregated index for three groups of factors to assess company ratings relative to the performance of the best company. The second indicator is an assessment of the dynamics within the company relative to the previous values of indicators of corporate social responsibility. The research results obtained using the proposed methodology show that oil and gas companies differ significantly in terms of corporate sustainability. The developed methodology for assessing corporate sustainability is of practical importance and can be used by companies in the analysis and planning of operating and investment activities that ensure the achievement of goals of corporate social responsibility.
The concept of sustainable development (SD) is aimed at ensuring public well-being for the present and future generations. Hundreds of methods have been proposed for assessing and comparing the sustainable development of countries and analyzing their contribution to the future of the world. When applied to resource-based economies (RBEs), assessment tools do not take into account the value and impact of mineral resources on SD indicators. The purpose of the study is to reveal the limitations of applying some tools by taking into consideration the specific features of RBEs. Research methods include a correlation analysis between gross national income (GNI) per capita and aggregated indices (the Sustainable Society Index (SSI), the Human Development Index (HDI), and the Environmental Performance Index (EPI)), a comparative analysis of these indices and mining companies’ performance indicators. Object Eurasian RBEs were selected, but Norway was analyzed separately from the sample. The results of the study show that correlations between GNI per capita and SD indicators are heterogeneous. There is no statistically significant correlation between GNI per capita and SSI, a strong correlation with HDI, and a weak correlation with EPI. The EPI and SSI structures do not reflect the specific features of RBEs.