Integrating Business Sustainability into Supply Chain Management
Journal Title: International Journal of Finance and Managerial Accounting - Year 2018, Vol 3, Issue 9
Abstract
Companies today face the challenge of adopting proper supply chain sustainability (SCS) strategies and practices to respond effectively to emerging global sustainability initiatives. Business sustainability has become a strategic imperative, with a focus on both financial and non-financial sustainability performance, which creates shared value for all stakeholders. This paper examines the integration of business sustainability into SCS by presenting a model consisting of sustainability theories, sustainability continuous improvement, and sustainability best practices. Companies can use the suggested model to integrate both financial and non-financial sustainability performance information into business models, corporate culture, and supply chain management. This paper also presents several best practices of supply chain sustainability performance by investigating the SCS of a sample of high-profile companies worldwide across many industries. The suggested model and best practices of SCS in this study have implications for policymakers, regulators, standard-setters, management, researchers, and educators. Propositions are posited for the suggested model in promoting business sustainability and SCS strategies.
Authors and Affiliations
Zabihollah Rezaee
Keywords
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