Evaluating corporate environmental performance across developed and developing economies: evidence from Australian and Indian companies

As environmental protection becomes a critical factor in achieving sustainable development, corporate stakeholders are becoming increasingly interested in corporate environmental performance. Many organizations practically evaluate their Corporate Environmental Performance (CEP) but few academic studies have paid attention to Environmental Performance Evaluation (EPE). This study aims to undertake an EPE using four Management Performance Indicators (MPIs): organizational system, stakeholder relations, operational countermeasures and environmental tracking, and two Operational Performance Indicators (OPIs: inputs and outputs). Principal Component Analysis (PCA) and Confirmatory Factor Analysis (CFA) are used to test reliability and validate the model construct. The relationship between MPIs and OPIs has also been analysed using correlation coefficients among the six indicators