Supply Chain and ESG Concerns in the Food Sector

Abstract

The scope of the study is the examination of impact of ESG scores on the top 800 ESG-scored listed companies globally that may reflect supply chain performance. This study aims to shed light on how corporate governance issues affect supply chain processes. To this end, 800 globally listed companies are leveraged and assessed based on their ESG performance by incorporating Thomson Reuters environmental, social, and governance (ESG) scores into these models. The main objective of this study is to assess the extent to which environmental, social, and governance practices influence supply chain performance. To measure supply chain performance, the authors consider various indicators, including supply chain management score, monitoring score, and partnership termination scores. These metrics allow us to evaluate the effectiveness of supply chain processes over our sample period of ten years. To analyze the relationships between ESG scores and supply chain performance, the authors use partial least square (PLS) regression modeling.