{"title":"Decoding ESG Report Narratives: Unveiling Sustainable Supply Chain Insights and Impacts Through Textual Analysis","authors":"Yicheng Wang, Yingbin Peng, Chen Yang","doi":"10.1002/csr.3079","DOIUrl":null,"url":null,"abstract":"<div>\n \n <p>This study explores industry-specific sustainable supply chain (SSC) practices and their impact on firm value using textual analysis of 4791 ESG reports from S&P 500 companies. A novel SSC dictionary, developed using Word2Vec, highlights variations in SSC practices across eight dimensions—procurement, production, logistics, warehousing, distribution, transportation, retail, and supplier—across different industries. Regression analysis shows that emphasis on procurement and retail SSC practices positively correlates with firm value, with warehousing practices showing marginal significance. The research contributes to SSC literature by introducing a quantitative methodology linking SSC to corporate performance, offering practical insights for aligning supply chain sustainability with profitability.</p>\n </div>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 2","pages":"2559-2581"},"PeriodicalIF":8.3000,"publicationDate":"2024-12-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Corporate Social Responsibility and Environmental Management","FirstCategoryId":"91","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/csr.3079","RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0
Abstract
This study explores industry-specific sustainable supply chain (SSC) practices and their impact on firm value using textual analysis of 4791 ESG reports from S&P 500 companies. A novel SSC dictionary, developed using Word2Vec, highlights variations in SSC practices across eight dimensions—procurement, production, logistics, warehousing, distribution, transportation, retail, and supplier—across different industries. Regression analysis shows that emphasis on procurement and retail SSC practices positively correlates with firm value, with warehousing practices showing marginal significance. The research contributes to SSC literature by introducing a quantitative methodology linking SSC to corporate performance, offering practical insights for aligning supply chain sustainability with profitability.
期刊介绍:
Corporate Social Responsibility and Environmental Management is a journal that publishes both theoretical and practical contributions related to the social and environmental responsibilities of businesses in the context of sustainable development. It covers a wide range of topics, including tools and practices associated with these responsibilities, case studies, and cross-country surveys of best practices. The journal aims to help organizations improve their performance and accountability in these areas.
The main focus of the journal is on research and practical advice for the development and assessment of social responsibility and environmental tools. It also features practical case studies and evaluates the strengths and weaknesses of different approaches to sustainability. The journal encourages the discussion and debate of sustainability issues and closely monitors the demands of various stakeholder groups. Corporate Social Responsibility and Environmental Management is a refereed journal, meaning that all contributions undergo a rigorous review process. It seeks high-quality contributions that appeal to a diverse audience from various disciplines.