By review of previous research, cleaner production (CL) and environmental management (EM) can improve sustainable product innovation (SPI) and thereby company?s performance (financial/non-financial). This study is trying to measure the impact of cleaner production and environmental management on sustainable product innovation and company?s performance while performance includes four perspectives according to the balanced scorecard (BSC) model. The proposed perspectives of BSC consist of financial performance, customer satisfaction, internal process, and learning and growth. 255 data were gathered from 10 large manufacturing companies of Iran. The outcome of regression analysis showed that CP has significant impact on customer satisfaction, financial performance, and learning growth. Besides, EM only affects customer satisfaction and internal process significantly and positively. Except financial performance all perspectives of performance can be affected by SPI.