Environmental rankings and financial performance: An analysis of firms in the US food and beverage supply chain

• Study examined the financial–environmental performance of F&B supply chain firms.
• Multidimensional scaling technique assessed financial–environmental performance.
• Firms can be classified into four financial–environmental categories.
• Firms with higher environmental ranking tended to perform better financially.

This research examined the financial–environmental performance of firms in the US food and beverage supply chain. Findings suggest that firms can be classified into four distinct environmental–financial categories: those that excel on environmental initiatives and perform well financially; those that perform poorly on both initiatives; those that perform admirably financially but poorly on environmental initiatives and; those that perform admirably on environmental initiatives but poorly financially. Overall, firms with higher environmental rankings tended to perform better financially than those ranked lower.