111 6th Management Undergraduates’ Research Session (MURS 2024) 29th November 2024, Belihuloya, Sri Lanka ENABLERS AND PERFORMANCE OF GREEN SUPPLY CHAIN MANAGEMENT PRACTICES OF ISO 14001-CERTIFIED MANUFACTURING COMPANIES IN SRI LANKA

Abstract

1. Introduction Global warming, damaging the ozone layer, climate change, and environmental degradation are major environmental issues being discussed in every corner of the world. With heightened attention to environmentalism worldwide, organizations intend to adopt greener approaches along their entire supply chains to mitigate these environmental problems. However, many studies have been conducted to identify barriers to adopting green supply chain management (GSCM) practices. There is no literature on studying enablers of GSCM practices especially related to the ISO 14001 companies operating in Sri Lanka. Therefore, this study aims to identify enablers for adopting GSCM practices and determine the triple-bottom-line (TBL) performance of GSCM practices. 2. Research Methodology This quantitative study collected data through a structured Five-point Likert-scale questionnaire from 119 sample ISO 14001 Certified Manufacturing Companies in Sri Lanka. Data gathered using a convenient sampling method was analyzed employing partial least square structural equation modeling (PLS-SEM) software (Smart PLS). 3. Findings and Discussion Findings confirmed that only two GSCM practices i.e., cooperation with customers and investment recovery gain the triple bottom line (economic, environmental, and social) performance. Therefore, the other four GSCM practices do not contribute to the entire TBL performance, however, they contribute to one or two dimensions of TBL performance. Moreover, results justified that ISO 14001-certified manufacturing companies are highly encouraged to adopt GSCM practices by the considered GSCM Enablers of the study. 4. Conclusion and Implications The findings of this study justified the importance of adopting GSCM practices to gain TBL performance. Further, results encourage manufacturing managers to obtain ISO 14001 environmental certification, and parallelly this study contributes to the body of knowledge motivating the manufacturing sector to engage in environmental conservation activities to achieve sustainable development goals.