Challenges of Green Supply Chain Management in India: Insights from MSMEs in Greater Noida with a Focus on Health-Related Sectors.
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Abstract
Green Supply Chain Management (GSCM) is crucial in India to address environmental concerns, enhance resource efficiency, and meet evolving regulatory requirements. GSCM integrates sustainability practices throughout the supply chain, reducing waste, emissions, and energy consumption. It promotes responsible sourcing, green logistics, and sustainable manufacturing, aligning businesses with the imperative of environmental responsibility and competitiveness in a rapidly changing market. The research findings bring to light a multifaceted array of approaches and levels of commitment to ESG practices within these organizations located in Greater Noida. Most notably, a significant proportion of these companies have instated ESG policies, signifying a growing recognition of the imperative to not only consider governance but also environmental and social impacts. A prominent trend is the unwavering commitment to environmental sustainability. These companies actively reduce energy consumption, adopt renewable sources, and invest in energy-efficient technologies, highlighting their heightened awareness of climate change and the potential for cost savings. Conversely, the lack of green manufacturing and sustainable materials usage signifies areas for improvement, presenting opportunities to overhaul manufacturing processes and align with eco-friendly product demand. Varying employee engagement levels emphasize the need for uniform, comprehensive involvement programs. Employee participation remains a pivotal driver in successfully implementing ESG initiatives, necessitating robust programs to nurture an environmental responsibility culture.