An Analysis of Factors Influencing Green Supply Chain Drivers in the Indian Real Estate Sector Using the ISM-DEMATEL Approach
In response to compelling environmental and societal imperatives, the real estate sector is increasingly compelled to adopt environmentally sustainable practices, prompting a significant “green” shift. Drawing upon an extensive literature review and insights garnered through expert interviews, this...
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| Format: | Article |
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2024-07-01
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| Series: | Foundations of Management |
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| Online Access: | https://doi.org/10.2478/fman-2024-0006 |
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| author | Koul Pawan Roy Ghatak Ranjit |
| author_facet | Koul Pawan Roy Ghatak Ranjit |
| author_sort | Koul Pawan |
| collection | DOAJ |
| description | In response to compelling environmental and societal imperatives, the real estate sector is increasingly compelled to adopt environmentally sustainable practices, prompting a significant “green” shift. Drawing upon an extensive literature review and insights garnered through expert interviews, this study identifies 15 critical factors influencing the green supply chain in the Indian real estate domain. Employing the Interpretive Structural Modeling–Dynamic Multi-Attribute Decision-Making Trial and Evaluation Laboratory (ISM–DEMATEL) approach, the hierarchical and contextual relationships among these factors are systematically examined. The ISM–DEMATEL analysis unveils that government policies and legislation, developer orientation and commitment, and green financing emerge as the top three pivotal drivers steering the green supply chain in the Indian real estate sector. To further categorize these drivers, a Matrice d’Impacts Croisés Multiplication Appliquée à un Classement (MICMAC) analysis is employed, resulting in the classification of factors into independent, dependent, autonomous, and linkage categories. The research offers practical insights that may prove invaluable to stakeholders within the real estate industry as well as academicians. |
| format | Article |
| id | doaj-art-7b331753ce534549a59e6787b001b630 |
| institution | Kabale University |
| issn | 2300-5661 |
| language | English |
| publishDate | 2024-07-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Foundations of Management |
| spelling | doaj-art-7b331753ce534549a59e6787b001b6302025-02-02T15:48:06ZengSciendoFoundations of Management2300-56612024-07-011618310210.2478/fman-2024-0006An Analysis of Factors Influencing Green Supply Chain Drivers in the Indian Real Estate Sector Using the ISM-DEMATEL ApproachKoul Pawan0Roy Ghatak Ranjit1Bharati Vidyapeeth Deemed to be University, Department of Management Studies, Navi Mumbai, INDIAInternational Management Institute, Bhubaneshwar, INDIAIn response to compelling environmental and societal imperatives, the real estate sector is increasingly compelled to adopt environmentally sustainable practices, prompting a significant “green” shift. Drawing upon an extensive literature review and insights garnered through expert interviews, this study identifies 15 critical factors influencing the green supply chain in the Indian real estate domain. Employing the Interpretive Structural Modeling–Dynamic Multi-Attribute Decision-Making Trial and Evaluation Laboratory (ISM–DEMATEL) approach, the hierarchical and contextual relationships among these factors are systematically examined. The ISM–DEMATEL analysis unveils that government policies and legislation, developer orientation and commitment, and green financing emerge as the top three pivotal drivers steering the green supply chain in the Indian real estate sector. To further categorize these drivers, a Matrice d’Impacts Croisés Multiplication Appliquée à un Classement (MICMAC) analysis is employed, resulting in the classification of factors into independent, dependent, autonomous, and linkage categories. The research offers practical insights that may prove invaluable to stakeholders within the real estate industry as well as academicians.https://doi.org/10.2478/fman-2024-0006green supply chain managementismdematelmicmac analysisl32l70m0r3o2 |
| spellingShingle | Koul Pawan Roy Ghatak Ranjit An Analysis of Factors Influencing Green Supply Chain Drivers in the Indian Real Estate Sector Using the ISM-DEMATEL Approach Foundations of Management green supply chain management ism dematel micmac analysis l32 l70 m0 r3 o2 |
| title | An Analysis of Factors Influencing Green Supply Chain Drivers in the Indian Real Estate Sector Using the ISM-DEMATEL Approach |
| title_full | An Analysis of Factors Influencing Green Supply Chain Drivers in the Indian Real Estate Sector Using the ISM-DEMATEL Approach |
| title_fullStr | An Analysis of Factors Influencing Green Supply Chain Drivers in the Indian Real Estate Sector Using the ISM-DEMATEL Approach |
| title_full_unstemmed | An Analysis of Factors Influencing Green Supply Chain Drivers in the Indian Real Estate Sector Using the ISM-DEMATEL Approach |
| title_short | An Analysis of Factors Influencing Green Supply Chain Drivers in the Indian Real Estate Sector Using the ISM-DEMATEL Approach |
| title_sort | analysis of factors influencing green supply chain drivers in the indian real estate sector using the ism dematel approach |
| topic | green supply chain management ism dematel micmac analysis l32 l70 m0 r3 o2 |
| url | https://doi.org/10.2478/fman-2024-0006 |
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