Ethical Supply Chain Management: Balancing Profit, Social Responsibility, and Environmental Stewardship

This review paper explores the intricate balance between profit, social responsibility, and environmental stewardship in ethical supply chain management. It delves into the challenges businesses face in integrating ethical practices within their supply chains, highlighting the conflict between profitability and ethical imperatives. The paper proposes a multifaceted approach to navigate these complexities, encompassing best practices, adherence to policies and regulations, and leveraging technology and innovation. This lens emphasizes the importance of ethical considerations in enhancing corporate sustainability, competitiveness, and stakeholder trust. Recommendations for businesses and directions for future research are provided, aiming to further the understanding and implementation of ethical supply chain management strategies that benefit both businesses and society. Keywords: Ethical Supply Chain Management, Corporate Social Responsibility, Environmental Stewardship, Sustainability, Technology and Innovation, Stakeholder Engagement.