An Analysis of Factors Influencing Green Supply Chain Drivers in the Indian Real Estate Sector Using the ISM-DEMATEL Approach

Koul Pawan () and Roy Ghatak Ranjit ()
Additional contact information
Koul Pawan: Bharati Vidyapeeth Deemed to be University, Department of Management Studies, Navi Mumbai, INDIA
Roy Ghatak Ranjit: International Management Institute, Bhubaneshwar, INDIA

Foundations of Management, 2024, vol. 16, issue 1, 83-102

Abstract: In response to compelling environmental and societal imperatives, the real estate sector is increasingly compelled to adopt environmentally sustainable practices, prompting a significant “green” shift. Drawing upon an extensive literature review and insights garnered through expert interviews, this study identifies 15 critical factors influencing the green supply chain in the Indian real estate domain. Employing the Interpretive Structural Modeling–Dynamic Multi-Attribute Decision-Making Trial and Evaluation Laboratory (ISM–DEMATEL) approach, the hierarchical and contextual relationships among these factors are systematically examined. The ISM–DEMATEL analysis unveils that government policies and legislation, developer orientation and commitment, and green financing emerge as the top three pivotal drivers steering the green supply chain in the Indian real estate sector. To further categorize these drivers, a Matrice d’Impacts Croisés Multiplication Appliquée à un Classement (MICMAC) analysis is employed, resulting in the classification of factors into independent, dependent, autonomous, and linkage categories. The research offers practical insights that may prove invaluable to stakeholders within the real estate industry as well as academicians.

Keywords: Green supply chain management; ISM; DEMATEL; MICMAC analysis (search for similar items in EconPapers)
JEL-codes: L32 L70 M0 O2 R3 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.2478/fman-2024-0006 (text/html)

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:vrs:founma:v:16:y:2024:i:1:p:83-102:n:1006

DOI: 10.2478/fman-2024-0006

Access Statistics for this article

Foundations of Management is currently edited by Tadeusz Krupa

More articles in Foundations of Management from Sciendo
Bibliographic data for series maintained by Peter Golla ().