Abstract
Corporate environmental performance is discussed in this paper. The aim of the paper is to propose a framework for an environmental performance benchmarking model. Corporate environmental performance is measured by key performance indicators (KPIs): Emissions of Greenhouse Gases, Water Consumption, Waste Production and Gross Value Added. Performance is benchmarked against the production frontier estimated by Data Envelopment Analysis. The environmental performance benchmarking model was created and tested on real corporate data. The model determines relative corporate environmental performance, identifies weaknesses in performance and quantifies performance gaps.
Chapter PDF
Similar content being viewed by others
References
Lankoski, L.: Environmental and Economic Performance. The Basic Links. In: Schaltegger, S., Wagner, M. (eds.) Managing Business Case for Sustainability, pp. 82–106. Greenleaf Publishing, Sheffield (2006)
ISO 14031:2013 Environmental management — Environmental performance evaluation — Guidelines
Russo, M.V., Fouts, P.A.: A resource-based perspective on corporate environmental performance and profitability. Academy of management Journal 40, 534–559 (1997)
Kirchhoff, S.: Green business and blue angels: a model of voluntary overcompliance with asymmetric information. Environmental and Resource Economics 15, 403–420 (2000)
Feddersen, T.J., Gilligan, T.W.: Saints and markets: activists and the supply of credence goods. Journal of Economics and Management Strategy 10, 149–171 (2001)
Fisman, R., Heal, G., Nair, V.B.: A Model of Corporate Philanthropy. New York, Columbia University (2008), http://d1c25a6gwz7q5e.cloudfront.net/papers/1331.pdf
Horváthová, E.: Does environmental performance affect financial performance? A meta-analysis. Ecological Economics 70, 52–59 (2010)
Rothenberg, S., Schenck, B., Maxwell, J.: Lessons from benchmarking environmental performance at automobile assembly plants. Benchmarking: An International Journal 12, 5–15 (2005)
Matthews, D.H.: Environmental management systems for internal corporate environmental benchmarking. Benchmarking: An International Journal 10, 95–106 (2003)
ISO 14001:2004 Environmental management systems — Requirements with guidance for use
Tokos, H., Pintarič, Z.N., Krajnc, D.: An integrated sustainability performance assessment and benchmarking of breweries. Clean Technologies and Environmental Policy 14, 173–193 (2012)
Aigner, D., Lovell, C.A.K., Schmidt, P.: Formulation and estimation of stochastic frontier production function models. Journal of Econometrics 6, 21–37 (1977)
Meeusen, W., van den Broeck, J.: Efficiency estimation from Cobb-Douglas production functions with composed error. International Economic Review 8, 435–444 (1997)
Charnes, A., Cooper, W., Rhodes, E.: Measuring the efficiency of decision-making units. European Journal of Operational Research 2, 429–444 (1978)
Zhu, J.: Quantitative Models for Performance Evaluation and Benchmarking: DEA with Spreadsheets. Springer, Boston (2009)
Post, T., Spronk, J.: Performance benchmarking using interactive data envelopment analysis. European Journal of Operational Research 115, 472–487 (1999)
Kocmanová, A., Klímková, M., Karpíšek, Z.: The Construction of Environmental Indicators for Determination of Performance of ESG Indicators to Support Decision-Making of investors. Business: Theory and Practice 13, 333–342 (2012)
Kocmanová, A., Němeček, P., Dočekalová, M.: Environmental, Social and Governance (ESG) Key Performance Indicators for Sustainable Reporting. In: 7th International Scientific Conference, pp. 655–663. Gediminas Technical University, Vilnius (2012)
Hřebíček, J., Piliar, F., Soukopová, J., Štencl, M., Trenz, O.: Corporate Key Performance Indicators for Environmental Management and Reporting. Acta Universitatis Agriculturaeet Silviculturae Mendelianae Brunensis 59, 99–108 (2011)
Elkington, J.: Cannibals with Forks: The Triple Bottom Line of the 21st Century. New Society Publishers, Stoney Creek (1998)
Kocmanová, A., Dočekalová, M.: Construction of the economic indicators of performance in relation to environmental, social and corporate governance (ESG) factors. Acta Universitatis Agriculturaeet Silviculturae Mendelianae Brunensis 60, 141–149 (2012)
Chvátalová, Z., Kocmanová, A., Dočekalová, M.: Corporate Sustainability Reporting and Measuring Corporate Performance. In: 9th IFIP WG 5.11 International Symposium on Environmental Software Systems, pp. 245–254. ISESS, Brno (2011)
Hřebíček, J.: Voluntary Reporting in the Czech Republic and Indicators of Sustainable Development. Linde, Praha, pp. 257–264 (2009)
Hřebíček, J., Soukopová, J.: Voluntary Company Assessment Report on the Linkages between Environment, Economy and Society. Ministry of Environment of the Czech Republic, Praha (2011) (in Czech)
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2015 IFIP International Federation for Information Processing
About this paper
Cite this paper
Dočekalová, M.P., Kocmanová, A., Hornungová, J. (2015). Measuring and Benchmarking Corporate Environmental Performance. In: Denzer, R., Argent, R.M., Schimak, G., Hřebíček, J. (eds) Environmental Software Systems. Infrastructures, Services and Applications. ISESS 2015. IFIP Advances in Information and Communication Technology, vol 448. Springer, Cham. https://doi.org/10.1007/978-3-319-15994-2_51
Download citation
DOI: https://doi.org/10.1007/978-3-319-15994-2_51
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-15993-5
Online ISBN: 978-3-319-15994-2
eBook Packages: Computer ScienceComputer Science (R0)