Majority of employers tying ESG metrics to executive pay

A majority of employers are tying ESG (environmental, social and governance) metrics in compensation plans for CEOs or other named executive officers (NEOs), according to a new report.

Specifically, 67% of companies in the TSX60 index and 80% of CEC40 companies (which have been identified by Climate Engagement Canada for being among the country’s top carbon emitters) disclose the use of one or more ESG metrics in these compensation plans, according to law firm Fasken. READ MORE