Environmental, social, and governance risks and environmentally sensitive competitive strategies: A case study of a multinational logistics company

Hakan Gökhan Gündoğdu, Ahmet Aytekin, Şura Toptancı, Selçuk Korucuk and Çağlar Karamaşa

Business Strategy and the Environment, 2023, vol. 32, issue 7, 4874-4906

Abstract: Global climate change continues to have a negative impact on many sectors, particularly supply chains and logistics. Companies are progressively incorporating environmentally friendly practices into their strategies to tackle this global problem. Accordingly, the increase in environmental, social, and governance (ESG) risks has increased the importance of sustainable corporate governance. As a result, companies tend to place more emphasis on ESG initiatives. The study aims to analyze the importance levels of ESG criteria and to select the most ideal environmentally sensitive competitive strategy for multinational logistics companies. For this purpose, a set of criteria and alternatives for the businesses in the context of the related problem was defined, and a decision model was proposed to handle problems, which include uncertain information. In this context, q‐rung orthopair fuzzy (q‐ROF) weighted average technique was used for weighting the criteria and q‐ROF‐evaluation based on distance from average solution (q‐ROF‐EDAS) method was utilized for prioritizing the strategies. As a result, “greenhouse gas emissions” was identified as the most important criterion, while “eco‐efficiency” was selected as the best option for environmentally conscious competitive strategies.

Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://doi.org/10.1002/bse.3398

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:bstrat:v:32:y:2023:i:7:p:4874-4906

Ordering information: This journal article can be ordered from
http://onlinelibrary ... 1002/(ISSN)1099-0836

Access Statistics for this article

Business Strategy and the Environment is currently edited by Richard Welford

More articles in Business Strategy and the Environment from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().