Contrary to a belief of some corporate governance experts, the impact of ESG metrics reduced annual incentive payouts for 2021, according to a just-released study by Pay Governance, a premiere board-level executive compensation firm that advises the boards of many prominent publicly traded companies.

“Critics of including ESG in incentive plans have suggested executives were embracing this trend to increase incentive payouts, but those predictions do not hold true when you look at the details,” said Pay Governance Managing Partner Ira Kay. READ MORE