Building a hierarchical framework of corporate sustainability transition challenges using the qualitative information approach. Issue 5 (13th April 2021)

• Record Type: Journal Article
• Authors: Tseng, Ming-Lang; Kurrahman, Taufik; Hanita, Asik; Lim, Ming K.; Negash, Yeneneh Tamirat
• Is Part Of: Industrial management & data systems. Volume 121:Issue 5(2021)
• Page Start: 1107
• Page End: 1141
• Publication Date: 2021-04-13
• Subjects: Corporate sustainability transition challenges -- Corporate sustainability -- Fuzzy interpretive structural modeling -- Fuzzy Delphi method; Industrial management -- Periodicals; Electronic data processing -- Periodicals; Business -- Periodicals; Industrial management -- Great Britain -- Periodicals; 658.05
• DOI: 10.1108/IMDS-08-2020-0471
• Languages: English
• ISSNs: 0263-5577

Abstract

Abstract : Purpose: This study aims to form a valid measure and hierarchical framework to achieve corporate sustainability transitions (CSTs). Design/methodology/approach: The fuzzy Delphi method (FDM) is applied to validate and eliminate challenges in sustainability transition regarding qualitative information. Fuzzy interpretive structural modeling (FISM) is used to build a hierarchical framework under uncertainties. Findings: This study finds that technology investment, data management, eco-management and sociospatial embedding challenges are the highest hierarchical framework levels and affect CST. Practical implications: A lack of awareness and knowledge, a lack of commitment, a lack of strategy, tolerance of unsustainable practices, a lack of stakeholder participation and a fragmented market are perceived as the challenges that show the highest driving and dependence power. These challenges serve as a reference for government and construction firms in the transition to sustainable corporate practices. Originality/value: Unsustainable corporate practices have caused large amounts of energy consumption, resource depletion and environmental impacts. There are challenges in transitioning to corporate sustainability that must be addressed. The most significant challenges that need to be solved to facilitate the transition to corporate sustainability are identified and arranged in a hierarchical model. By identifying the hierarchical relationships among the challenges, a theoretical framework that extends the existing models is developed to assist decision-makers.