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http://dx.doi.org/10.9723/jksiis.2022.27.5.145

Review of ESG Challenges in Supply Chain Management Using Text Analysis  

Rha, Jin Sung (단국대학교 경영학부)
Publication Information
Journal of Korea Society of Industrial Information Systems / v.27, no.5, 2022 , pp. 145-156 More about this Journal
Abstract
In recent years, as there is growing concern with ESG (Environmental, Social, and Governance), the strategic direction of business management is changing from maximizing shareholders wealth to maximizing stakeholders value. ESG is reshaping a corporation's supply chain management strategies. The purpose of this study is to explore the ESG challenges in supply chain management. As a result of network text analysis and topic modeling analysis on 3226 news articles, 'Suppliers', 'Sustainability', 'Shared Growth' 'Carbon Neutral', 'Safety and Health', 'Responsible Business Alliance', 'Supply Chain Due Diligence Law' were identified as the main issue. Since ESG initiatives in the supply chain are not limited to the efforts of individual firms, future research should focus on figuring out what difficulties and challenges exist in the diffusion of ESG practices along multi-tiered supply chains, and how to overcome them.
Keywords
ESG; sustainable supply chain management; network text analysis; topic modeling;
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