Abstract
AbstractThis research sheds light on the impact of the International Organization for Standardization (ISO) 14001:2015 standard, particularly in its role in driving life cycle perspective (LCP) and effectively integrating product‐oriented environmental management practices (POEMPs) within manufacturing sectors. Addressing this research gap, our analysis utilizes a worldwide sample of 1951 medium and large enterprises from the Thomson Reuters environmental, social and governance (ESG) database to compare the integration of POEMPs, in certified and non‐certified companies, before and after the ISO14001 standard update with a quantitative approach. The findings reveal a higher adoption rate of the seven POEMPs analyzed among certified companies before the publication of the standard. However, its LCP‐focused revision elevates only the implementation of three of them. This highlights a predominant selection effect over the intended treatment effect of the new standard and challenges the assumption that certification to the new version represents an advance in companies' product‐related environmental strategies. The originality of this research lies in its critical analysis of the practical outcomes of ISO14001:2015, pointing the disconnection between certification and the incorporation of POEMPs into environmental management systems. It highlights the need to strengthen implementation mechanisms and provides a nuanced understanding of the role of the standard in driving environmental progress.
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