The Green Supply Chain Model Implications For Economic And Environmental Sustainability Via Corporate Social Responsibility
Description
Ecology is a difficult yet vital issue. Techniques such as green supply chain management are required for humans to embark on a new business transformation centred on long-term sustainability. We must enhance our business practices in order to foster economic progress and protect our planet from further damage. This research attempts to develop a business system that addresses an organization's economic as well as environmental obligations by aligning the organization's numerous goals in the context of profit and Sustainability. To assess the expected results, the research took a qualitative method. To assess the findings, a "systematic literature" study was conducted. As a result, the report recommends that businesses adopt the notion of strategic corporate social responsibility. The concept of ‘strategic' CSR is that consideration for non-shareholders' concerns may be acceptable if it benefits stakeholders financially.This might result in financial rewards for companies who embrace it, as well as competitive advantages over companies that do not. This variant of CSR may be appealing because it addresses criticisms centred on an imagined "trade-off or zero-sum" connection among stakeholder and non-shareholder advantages. This is crucial for firms functioning under policy structures those priorities interests of the shareholders over the interests of other customers.A company would analyse CSR by evaluating it to a series of well-established criteria that correspond to the organization's goals and take appropriate actions, using any evaluation model as a framework such as green supply chain management. Furthermore, in order to reduce costs and improve the efficacy of environmental regulation monitoring, officials must adapt methods of climatic regulation and encourage economy-based procedures such as pollution licence trade, substance taxes, green tax etc.
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