Abstract:
One of the most observable trends in countries such as Sri Lanka where the open
market economy is dominant in all the areas in socio-cultural spheres is that the
management of commercial sectors attempts to maximize profit in their
businesses without caring much for their social wellbeing and environmental
steadiness. Further, it can be observed that most firms pay more attention to profit
maximization techniques especially when the manufacturing industries are
handled. However, the true development of a country depends not only on
economic growth. Sustainable Development is the unavoidable choice of the
development of human society. A sustainable supply chain encompasses different
types of decisions, starting from facility locations and capacity planning, but also
going downwards hierarchically, such as procurement, production, warehousing,
distribution, consumption, and reverse logistic decisions. Hence, this study
addressed the impact of sustainable supply chain management practices on
Firms’ triple-bottom-line (economic, environmental, and social) performance.
Moreover, the moderating effects of regulation pressure and supply chain
pressure on the relationship between independent and dependent variables were
examined. This quantitative research study was conducted as a survey study. Data
was collected from large-scale manufacturing companies using an email
questionnaire and a Partial Least Square Structural Equation Modeling software
was employed for the data analysis. Findings justified the significant positive
relationship between sustainable supply chain management practices and triple
bottom-line performance. Further, findings confirmed that institutional pressure
i.e., regulation pressure and supply chain pressure moderate the relationship
between sustainable supply chain management practices and triple-bottom-line
performance. These findings encourage manufacturers to implement sustainable
practices within their supply chains, inconsequent, it will contribute to achieving
the sustainable goals of the country as well.
