Strategic pathways to achieve Sustainable Development Goal 12 through Industry 4.0: Moderating role of institutional pressure
Mahak Sharma,
Pratibha Singh and
Konstantinos Tsagarakis
Business Strategy and the Environment, 2024, vol. 33, issue 6, 5812-5838
Abstract:
Emerging economies, at the vanguard of extensive resource depletion and limited environmental stewardship, are worst‐hit by climate change events, necessitating an extensive investigation of the relevance of I4.0 in attaining sustainable consumption and production patterns. This study focuses on Sustainable Production and Consumption (SDG12) and investigates how the implementation of I4.0 can contribute to the adoption of circular economy practices (CEPs) to incorporate elements of sustainable consumption and procurement into supply chains. Based on dynamic capabilities theory, institutional pressure, and the triple‐bottom‐line perspective, this study proposes an overarching research framework that presents the synergistic convergence of dynamic capabilities, I4.0, and the circular economy to achieve SDG12. This framework is empirically validated through a survey‐based, cross‐sectional research design by utilizing conditional process modeling. This study employed purposive sampling where respondents constituted 480 industry practitioners and professionals in digital supply chain and operations management from manufacturing firms based in the Baddi and Alwar districts in India. The findings demonstrate that I4.0 and CEPs sequentially mediate the impact of dynamic capabilities on SDG12, while mimetic pressure strengthens the impact of exploitation‐oriented strategy on SDG12.
Date: 2024
References: Add references at CitEc
Citations:
Downloads: (external link)
https://doi.org/10.1002/bse.3769
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:33:y:2024:i:6:p:5812-5838
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 ().