Environmental practices lack standardization, hindering assessment of competitive and financial performance.
The article discusses how assessing environmental performance can impact a company's competitiveness and finances. Despite efforts to set environmental standards, there is still a lack of consistency in measuring environmental practices. The study suggests a framework to identify key factors and indicators for monitoring environmental results. It found that many companies focus on non-financial measures rather than indicators of competitive advantage. This research aims to improve how companies measure and control their environmental impact.