Pay-for-performance plans, which link executive pay to sustainability goals, are gaining traction among the world’s largest companies. By connecting financial incentives to environmental and social performance metrics, these plans help ensure that executives prioritize their company’s long-term health over short-term gains. Studies have found that firms with pay-for-performance plans often outperform their peers on ESG targets and generate higher returns for shareholders. #SustainabilityGoals #ExecutivePay #ESGPerformance #ShareholderReturns
Read the whole story here: https://hbr.org/2023/02/linking-executive-pay-to-sustainability-goals
