This paper aims to assess whether and to what extent the farm-level productivity performance (measured by Total Factor Productivity, TFP) affects the farm-level environmental performance. In particular, the attention focuses on GHG emissions expressed by the farm’s Carbon Footprint (CF). The relationship occurring between these two performance indicators is investigated on a panel of Lombardy farms observed from 2008 to 2013. Once the TFP and the CF have been measured using farm-level data, a dynamic panel model is specified and estimated (via GMM estimation). The dynamic specification allows to take the time dependence of TFP into account while a polynomial form and group-specific effects allow for a specific TFP-CF nexus across heterogeneous farms in terms of size and specialization. Results confirm that a TFP-CF nexus exists but it may significantly differ and also be conflicting across farm typologies.