Evaluating the Impact of Green Supply Chain Management Practices on Corporate Performance

Abstract

This paper evaluates the impact of Green Supply Chain Management (GSCM) practices on corporate performance, focusing on the integration of environmental sustainability into supply chain operations. GSCM has gained significant attention as businesses face growing pressure from regulatory bodies, consumers, and stakeholders to adopt more eco-friendly practices. Key GSCM practices, such as green procurement, sustainable manufacturing, and reverse logistics, aim to reduce environmental harm while optimizing operational efficiency. The review explores how these practices influence corporate performance across financial, environmental, and social dimensions. Studies indicate that companies adopting GSCM experience cost savings through energy efficiency, waste reduction, and better resource management, leading to enhanced profitability. Additionally, GSCM contributes to improved brand reputation, customer satisfaction, and market competitiveness, as consumers increasingly favor businesses that prioritize sustainability. However, challenges such as high implementation costs, resistance to change, and the need for technological innovation often pose barriers to widespread adoption. Despite these challenges, the long-term benefits of GSCM, including regulatory compliance, risk mitigation, and innovation, make it a valuable strategy for enhancing corporate performance. By integrating GSCM practices, businesses can achieve a balance between economic success and environmental responsibility, positioning themselves for sustained growth in a competitive, sustainability-driven market. This review underscores the critical role of GSCM in driving both performance and sustainability in modern business.