ASSESSING THE SUSTAINABLE PERFORMANCE OF REVERSE LOGISTICS PRACTICES IN THE PLASTIC MANUFACTURING COMPANIES IN SRI LANKA

Abstract

1. Introduction Plastic pollution has become a significant environmental issue for countries like Sri Lanka, which is ranked the fifth most crucial contributor to plastic pollution. Local plastic manufacturers face substantial challenges, particularly in managing waste, leading to serious environmental and social impacts. The Meethotamulla landfill disaster highlights the risks of inadequate waste management. Reverse logistics (RL) offers an effective approach to improving sustainability by managing waste and reducing the environmental impact of plastic production. This study investigates the effect of RL practices on the sustainable performance of plastic manufacturing companies in Sri Lanka. 2. Research Methodology The study used a survey method to collect data from 119 administrative- level staff at plastic manufacturing companies in Sri Lanka. The data were analysed employing IBM SPSS 21, and the results were interpreted. This study investigates how such RL practices impact the economic, environmental, and social performance of plastic manufacturers in Sri Lanka through different regression models that test the relationship of these practices with aspects of sustainability. 3. Findings and Discussion The findings emphasized that recycling has a more significant impact on economic performance than others, as it significantly influences cost savings and opportunities for further revenue. Reuse, on the other hand, contributes to better environmental performance as it reduces waste and saves resources. Besides, remanufacturing and recycling have various positive impacts on social performance, such as creating jobs and reducing adverse effects of plastic pollution on communities. 4. Conclusion and Implications Overall, these findings depict that the adoption of RL practices can significantly enhance the sustainability of plastic manufacturing companies, with economic benefits, environmental improvement, and a corresponding contribution to social well-being. These findings will provide a set of clear guidelines for policymakers and industry leaders to make informed decisions about fostering sustainability in Sri Lanka