Table 2.
Classification of criteria and sub-criteria of sustainable supply chain finance
| Criteria | Sub-criteria | Description | References |
|---|---|---|---|
| Economic | Vulnerability of logistics system | The ability of transportation system of being disrupt | Tseng et al. (2018), Mani et al. (2018), Astill et al. (2019), Karmaker et al. (2020), Abdel-Basset et al. (2020) |
| Transparency | Disclosure of information with all the stakeholders of supply chain | ||
| Risk management | Ability of identifying potential risk factors and taking precautionary measures for upcoming risk | ||
| Inventory control | That describes how much amount to hold in form of raw material or processing or finished goods to meet the uncertainty of demand | ||
| Raw material procurement | Budgets and strategies for purchasing raw material | ||
| Financial sustainability | The ability of organization to sustain its current spending, taxes and other policies in long run | ||
| Social | Stakeholder management | Collaborative and participative actions that need to be taken to find a solutions for environmental issue | Tseng et al. (2018), Karmaker et al. (2020), Abdel-Basset et al. (2020), Tseng et al. (2019a; b), Maloni and Brown (2006), Mani et al. (2018) |
| Customer relationship management | Ability to manage and analyze customer interaction and improve customer service relation | ||
| Product responsibility | Life cycle assessment of the product and providing product and services based on green concepts | ||
| Exclusion of child labor | Eliminate the workers that are under 14 years of age | ||
| Privacy and data security | Security of information of stakeholders | ||
| Human rights | There should be no exploitation of workers by law | ||
| Environmental | Control of impact on environment | Production/consumption of product should not have any impact on environment | Tseng et al. (2018), Silvestre et al. (2018), Tseng et al. (2019a; b), Karmaker et al. (2020), Jia et al. (2019) |
| Waste management reduction | Actions required to manage waste from production of product to its disposal | ||
| Environmental policy | Commitment of organization to laws, governments, regulations and other environmental problems such as pollution, biodiversity reduction, carbon foot print, etc. | ||
| Green technology | Application of environmental science, technology, green chemistry, electrical, and electronic devices that aims to conserve the natural resources and reduce emission | ||
| Resilience toward natural/man-made disaster | Ability to recover from disruption | ||
| Financial | Financial sustainability of suppliers | Ability to facilitate and enhance economic processes, manages risks, and absorbs risk |
Tseng et al. (2018) Mani et al. (2018) Agrawal et al. (2021) |
| Cash management | This describes the basic reasons of holding cash and monitors transactions, taxes, and capital in case of any disaster | ||
| Financial leverage | Financial leverage that utilizes debt to acquire additional assets | ||
| Capital accessibility | Access of capital that can be utilized for business activities |