Good morning everyone!
Hope your Monday already brought good news to you, but here's one for us.
ESG-linked executive pay is on the rise, which is good news for the planet. A global study finds that in 2021 38% of companies tie compensation of ESG goals, resulting in real improvements in firms' environmental performance. This is a big jump from just 1% in 2011. The study was based on data from nearly 4400 firms in 21 countries and was conducted by IESE together with San Diego State University and University of Mannheim.
Attaching "Executive Compensation Tied to ESG Performance: International Evidence" to this post.
Previously I shared transcripts for the Climate Change Podcast with John Teahan, Redwheel and Harlan Zimmerman, Cevian Capital about the same theme - linking remunerations to sustainability/climate goals. You can find them here
Do you have these links at your company? Are they effective?
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Aya Pariy
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Original Message:
Sent: 11-09-2023 10:55
From: Aya Pariy
Subject: Good news thread
As the world is trying to transition from being "wasteful, idle, lopsided and dirty" (Lombard Odier's description) to clean, inclusive, and circular, there seems to be a lot of "doom" in the air. We thought it is not fair. And we thought we'd create this thread on sharing "good" news and success stories in all fields of "ESG" and "Sustainability!
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Aya Pariy
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