Several large US companies tying executive compensation to sustainability performance, according to a report from The Conference Board. The report, “Linking Executive Compensation to Sustainability Performance,“ says shareholders are placing more value on corporate sustainability initiatives, and are becoming increasingly interested in linking such performance to executives’ compensation. Intel has linked sustainability performance to bonuses for all employees since 2008. Intel’s bonus calculations take into account the energy efficiency of the company’s products, commitments to renewable energy, and the company’s performance related to its carbon footprint reduction goals. Xcel Energy links its annual incentive awards for executives to sustainability performance metrics, including greenhouse gas reduction. Alcoa included sustainability performance in its executive bonus plan in 2010, linking 20 percent of the bonus to non-financial metrics, such as carbon dioxide reduction, safety and diversity. Read on at Environmental Leader.com
http://www.environmentalleader.com/2012/06/01/intel-xcel-energy-alcoa-among-us-companies-linking-exec-pay-to-sustainability Post Source:
http://www.sustainablepractices.info
http://www.environmentalleader.com/2012/06/01/intel-xcel-energy-alcoa-among-us-companies-linking-exec-pay-to-sustainability Post Source:
http://www.sustainablepractices.info
