Employers will continue to tie their executive compensation programs to environmental, social and governance, or ESG, factors in 2024 despite growing opposition to corporate ESG initiatives, WTW consultants said during a virtual presentation Thursday.
“ESG is here to stay — that’s a pretty strong consensus across the governance community,” said Don Delves, WTW managing director and the company’s executive compensation and board advisory leader for North America. “However, most boards and companies are focusing more on what key elements of ESG and other non-financial metrics are most important, most relevant and hold the most strategic value for their company and their industry.” READ MORE