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. 2021 Jul 14;16(Suppl 1):29–38. doi: 10.1007/s42943-021-00028-6

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