Sustainable Development of Low-Carbon Supply Chain Economy based on the Internet of Things and Environmental Responsibility

Ma Zhijun (), Yang Xiaobei (), Miao Ruili () and Yue Yiji ()
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Ma Zhijun: School of Management Engineering, Zhengzhou University of Aeronautics, Zhengzhou, 450046, Henan, China
Yang Xiaobei: School of Tourism Management, Henan Finance University, Zhengzhou, 450046, Henan, China
Miao Ruili: School of Business, Zhengzhou Sias University, Zhengzhou, 451150, Henan, China
Yue Yiji: School of Business, Chongqing City Management College, Chongqing, 401331, China

Economics - The Open-Access, Open-Assessment Journal, 2024, vol. 18, issue 1, 18

Abstract: To reach carbon peak and neutralization, a low-carbon supply chain is a clean practice that turns supply chain management into a green economy. This approach aims to decrease energy consumption and pollution and accomplish sustainable development across the supply chain. The worldwide logistics business has transformed into an intelligent service provider to the adoption of real-time management tactics made possible by the Internet of Things (IoT). The impact of the IoT on China’s logistics industry and its impact on the environment are examined in this article. This study, a new model is proposed for incorporating the most popular carbon regulations to accomplish the above advantages and create a more sustainable supply chain. This work discusses how to implement effective carbon regulating systems to promote sustainable development. Main contribution of this research is considering the impact of carbon regulations on environmental benefits and enhancing regional development levels in a supply chain network design challenge. In addition, judgments on cargo consolidation are used to lessen financial and ecological footprints. This article examines and analyses the development of a low-carbon supply chain from the two aspects of the IoT and environmental responsibility to better support the sustainable growth of a low-carbon supply chain economy and raise people’s standards of living. Research results show that the industrial scale of China’s low-carbon supply chain economy is expected to exceed 300 billion by 2025. At present, there are still economic development barriers, but integrating the IoT technology and environmental responsibility consciousness into economic development, it has the potential to strengthen the development of a low-carbon supply chain and improve the conditions for long-term, sustainable growth.

Keywords: supply chain; economy; Internet of Things; economic development; sustainable growth (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:bpj:econoa:v:18:y:2024:i:1:p:18:n:1001

DOI: 10.1515/econ-2022-0099

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