Green supply chain finance model in logistics and transportation industry: improving from policies and regulation and financial digitalisation practices

Abstract

This study contributes to the green supply chain finance model to facilitate the alignment between financial prosperity and the green transition in the logistics and transportation industry in Vietnam. Green supply chain finance has received increasing attention of stricter environmental regulations and increases consumer demand in industries involved. This complex issue requires ongoing attention and resolution in the industry. This study aims to construct a green supply chain finance model and identify the attributes. This study employs a hybrid fuzzy Delphi and fuzzy decision-making trial and evaluation laboratory. The model is shown to be robust according to sensitivity analysis. The results show that the validated model is built by 13 criteria within five aspects. The aspects are policies, regulations, financial digitalisation approaches, and collaborative financing decision-making. The practical causal criteria include (1) shared profit maximisation, (2) government rewards, (3) sustainability agreements and to provide guidelines for the practices.