Abstract
The growing demand for oil and gas products has normalised catastrophes, severely disrupting the supply chain and other socioeconomic issues in many developing countries. In various oil and gas business organisations, the way of life has become the norm for stakeholder work, impacting the risk perception of employees regarding sustainability. Sustainability risk management has evolved as an essential topic requiring an in-depth understanding of how employee risk perception, top management commitment, and organisational safety culture influence sustainability risk variables. Employees of supply chain oil and gas businesses in Nigeria contributed to developing a conceptual framework and questionnaires based on stakeholder theory and high-reliability organisation. To verify the relevant hypotheses, using SEM-PLS analyses were performed to analyse. The result indicates that Employees' risk perception significantly influences sustainability risk management, including the influences on the organisation's safety culture and top management commitment. However, analysing sustainability criteria economic, environmental, and social risk separately have shown mixed results indicating different prioritisation. This research contributes to a better understanding of the boundary conditions of employee risk perception imposed by sustainability risk factors prevalent in developing nations' oil and gas supply chains. It offers organisations a theoretical foundation and practical direction to improve decision-making.