Two-thirds of WBCSD members tie executive compensation to sustainability performance
Sustainability information in financial filings is still rare, but linking executive pay to ESG performance metrics is becoming more commonplace.
Linking executive pay to sustainability performance is now common practice amongst members of the World Business Council for Sustainable Development (WBCSD) – but the influential organisation has warned that sustainability direction is still lacking at board level.
For the first time in 10 years, the WBCSD has tracked how sustainability is integrated into companies’ governance structures. According to its latest Reporting Matters document, executive compensation is now linked to sustainability performance in 66% of companies.
