Comparative Study of Key Supply Chain Management Elements in Sustainability Reports

Veronika Lee, Durga Marasini, Wenye Dong, Hyun-Jung Lee and DonHee Lee
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Veronika Lee: College of Business Administration, Inha University, Incheon 22212, Korea
Durga Marasini: College of Business Administration, Inha University, Incheon 22212, Korea
Wenye Dong: College of Business Administration, Inha University, Incheon 22212, Korea
Hyun-Jung Lee: College of Business Administration, Inha University, Incheon 22212, Korea
DonHee Lee: College of Business Administration, Inha University, Incheon 22212, Korea

Businesses, 2021, vol. 1, issue 3, 1-28

Abstract: During the COVID-19 pandemic, several issues have emerged as important in evaluating firm value and investment-oriented decision making. These issues include supply chain management, human rights, climate change, safety, and environmental risks. This study analyzed the sustainability reports of four business firms, each in four different countries, covering 2005/2006, 2013, and 2020. The analysis revealed similar factors and their dimensions that are critical for effective supply chain management: environmental and public sector issues, collaboration and cooperation with partner organizations, environmentally friendly production and development systems, human-centered operation plans, and risk management. While the study results delineated several key categories, there were variations among the four firms’ sustainability reports, indicating a need for global standards for comparative analysis. This study highlights the importance of sustainability, its effective measurement, and global standards for sustainability reports. As governments put pressure on businesses to demonstrate their commitments to environmental issues, many firms have embraced the concept of corporate social responsibility by practicing socially responsible codes of conduct throughout their supply chains.

Keywords: supply chain management; sustainability; sustainability report (search for similar items in EconPapers)
JEL-codes: A1 D0 D4 D6 D7 D8 D9 E0 E2 E3 E4 E5 E6 E7 F0 F2 F3 F4 F5 F6 G0 G1 G2 H0 J0 K2 L0 L1 L2 M0 M1 M2 M3 M4 M5 N0 N1 N2 O0 O1 P0 (search for similar items in EconPapers)
Date: 2021
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