Sustainable Decision-Making in a Low-Carbon Supply Chain: Fairness Preferences and Green Investment

Zhong, Haiyan; Huo, Hong; Zhang, Xiaoli; Zheng, Shusheng

doi:10.1109/access.2022.3172692

Cited by 8 publications

(6 citation statements)

References 59 publications

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“…The smart carbon economy has been developed from an idea to a practice by policy makers around the world in recent years. Zhong et al (2022) stated that smart carbon investment is a popular method that can encourage behavior for sustainable development and is known as environmental investment. In Zhong et al (2022), Zhang et al stated that today's consumers have environmental awareness which has an impact on low-carbon products.…”

Section: Smart Carbon Economymentioning

confidence: 99%

“…Zhong et al (2022) stated that smart carbon investment is a popular method that can encourage behavior for sustainable development and is known as environmental investment. In Zhong et al (2022), Zhang et al stated that today's consumers have environmental awareness which has an impact on low-carbon products. Chen et al also stated that green marketing provides an increase in market demand and creates a competitive advantage for companies.…”

Section: Smart Carbon Economymentioning

confidence: 99%

“…Chen et al also stated that green marketing provides an increase in market demand and creates a competitive advantage for companies. Thus, the purpose of investing in smart carbon is not only to reduce harmful effects on the environment but also to meet consumer needs (Zhong et al, 2022).…”

Section: Smart Carbon Economymentioning

confidence: 99%

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Investment Portfolio Optimization Using Black-Litterman Model in Smart Carbon Economy Transition

Kahar,

Riaman,

Sukono

2024

ijbesd

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An optimal investment portfolio needs to be formed before an investor invests because it can help investors determine which financial instruments are suitable to choose in order to get the maximum return or profit and the minimum level of risk. In the current situation, where there is an economic transition to a smart carbon economy or low carbon economy, it is necessary to form the optimal portfolio of stocks to facilitate investors in making investments. The purpose of this study is to form the optimal investment portfolio using the Black-Litterman model in a smart carbon economy. The data used is stock data from 24 companies listed on the LQ45 Low Carbon Leaders index for the period 2022-2023. Based on the research results, the Black-Litterman model generates the optimal portfolio with a 0.1% expected return. Thus, the optimal portfolio results with the Black-Litterman model are estimated to generate a profit of 0.1% for smart carbon stock data listed on the LQ45 Low Carbon Leaders index for the 2022-2023 period.

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Section: Smart Carbon Economymentioning

confidence: 99%

Section: Smart Carbon Economymentioning

confidence: 99%

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Investment Portfolio Optimization Using Black-Litterman Model in Smart Carbon Economy Transition

Kahar,

Riaman,

Sukono

2024

ijbesd

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“…They revealed that forming the grand coalition yields better results than the contracts such as cost sharing, revenue sharing, and two-part tariffs in terms of achieving environmental goals and total profits. Zhong et al [58] studied an effective coordination mechanism to consider the fairness concerns in the retailerled low-carbon supply chain. They found that the leading retailer needs to implement suitable measures to mitigate manufacturers' fairness concerns, thereby ensuring enhanced profits for member firms and the overall supply chain.…”

Section: Coalition Strategies In Supply Chainsmentioning

confidence: 99%

Decision Making in a Closed-Loop Supply Chain with a Waste Management Program: Manufacturers’ Take-Back Activity and Governmental Subsidies for Remanufacturing

Lee,

Park

2023

Processes

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As awareness of climate change increases, diverse initiatives such as subsidies for remanufactured products and take-back programs for end-of-life products have been taken to conserve energies and materials. This paper explores how the subsidy program affects manufacturer’s take-back activity in a closed-loop supply chain and also analyzes how a coalition between a retailer and a remanufacturer affects the equilibrium decisions. Major findings of this paper reveal that (i) when a take-back program is implemented, the government imposes a high penalty on products that are not collected, thereby encouraging manufacturers to collect more used products, (ii) implementing a take-back program in conjunction with a subsidy program results in a greater reduction in environmentally negative impacts and an enhanced social welfare compared to implementing them separately, and (iii) a coalition between a retailer and a remanufacturer results in lowering the penalty imposed to a manufacturer, which leads to lowering the quantity of the collected and remanufactured products.

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“…In addition, Dong et al [22] analyzed and compared the profits generated by manufacturers and retailers through individual or simultaneous investments in improving green production. Zhong et al [23] conducted a study focusing on optimal decisions for an LCSC consisting of a leading manufacturer and a leading retailer, considering green investment and member firms' preferences for fairness. The research aimed to reduce redundancy in supply chains while addressing environmental concerns and stakeholders' expectations of fairness.…”

Section: Lcsc Managementmentioning

confidence: 99%

Low-Carbon Supply Chain Operation Decisions and Coordination Strategies Considering the Consumers’ Preferences

Cao

Zhang

2023

Sustainability

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Implementing the low-carbon transformation strategy has become an inevitable choice for manufacturing enterprises. However, suppliers often overlook the impact of consumers’ preferences for low-carbon products (LCPs) on their own low-carbon strategies. Based on this idea, this study uses game theory models to analyze how consumer preferences affect suppliers’ decision-making and coordination strategies in low-carbon supply chains (LCSCs). Results show that (1) manufacturers and retailers are more likely to produce and promote LCPs as consumers become more sensitive to carbon emission reduction (CER); (2) manufacturers are less likely to produce LCPs but retailers are more likely to promote them as consumers become more sensitive to promotional rates; and (3) manufacturers are less likely to produce LCPs but retailers are more likely to promote them as consumers become more sensitive to retail prices. This study concludes that consumer preferences play a crucial role in determining suppliers’ decisions and coordination strategies in LCSCs.

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Sustainable Decision-Making in a Low-Carbon Supply Chain: Fairness Preferences and Green Investment

Abstract: Date of publication xxxx 00, 0000, date of current version xxxx 00, 0000.

Cited by 8 publications

References 59 publications

Investment Portfolio Optimization Using Black-Litterman Model in Smart Carbon Economy Transition

Investment Portfolio Optimization Using Black-Litterman Model in Smart Carbon Economy Transition

Decision Making in a Closed-Loop Supply Chain with a Waste Management Program: Manufacturers’ Take-Back Activity and Governmental Subsidies for Remanufacturing

Low-Carbon Supply Chain Operation Decisions and Coordination Strategies Considering the Consumers’ Preferences

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