The IS0 14000 environmental standard is a relatively recent development in Environmentally Responsible Manufacturing (ERM). It applies to environmental systems and processes the same approach used by its predecessor, the IS0 9000 quality standards. Being relatively new, there are numerous questions regarding the impact of this new standard both on the corporate environmental management system and corporate performance. This paper addresses some of these questions, by drawing on data generated by a large-scale survey of American managers. The results indicate that, even though IS0 14000 has achieved relatively limited acceptance, there is strong evidence to indicate that this standard can positively impact both the performance of the environmental management system but also overall corporate performance. Further, it was found to outperform other ERM-initiatives such as the EPA’s 33150 program.