Published 12th of March 2023 by Nina

PwC and London Business School Find Marked Increase in Executive Compensation Linked to ESG Targets

A new survey conducted by PwC and the London Business School of 50 major companies researched shows that three-quarters have now linked executive #compensation to #climate targets. In 2020, there were less than 50%.

And it’s not ethereal targets that the executive pay is tethered to: PwC and London Business School discovered that 68% are using approved Science Based Targets initiative (SBTi) to assess the right #executivepay levels. That, too, is a marked increase from 2020.

That’s progress!

There are also an increasing number focused on the “S” — #societal aspects of “#ESG,” with #diversity#equity and #inclusion front and centre to the agenda, not only within the companies, themselves, but also across their value chain or sphere of influence and #impact.

That, too, is progress!

Chinese philosopher Lao Tzu penned “A journey of a thousand miles begins with a single step.”

What step can you take today or this week or this month in your sphere of influence to create a better #future?


Read full article