Carbon capture, utilization, and storage (CCUS) supply chain risk management framework development

For reducing CO₂ emissions and slowing down climate change, carbon capture, utilization, and storage (CCUS) technology has received an enormous amount of attention. However, the research on CCUS supply chain (SC) risk management is insufficient, even though the application of CCUS is increasing. This study has deployed Delphi technique to validate the risks that have been identified from the literature. Moreover, principal component analysis (PCA) has been used to identify the communalities of the risks related to the CCUS SC functions. At the same time, 43 risk management strategies have been identified from the supply chain risk management literature in relation with the CCUS SC risks. Finally, a risk management framework has been developed in CCUS SC context which is the main objective of this study. This is the first risk management framework in CCUS SC context which connects the CCUS SC functions, risks, and strategies. This framework provides a comprehensive guideline for the management to develop sustainable roadmaps in CCUS SC management systems. Moreover, this framework helps to prevent the environment and promotes further research in CCUS risk management systems. (Figure presented.)