Across the global business landscape, companies are devoting enormous attention to environmental, social and governance (“ESG”) issues. Driven by concerns around employee well-being, social unrest, climate change and geopolitical turmoil, they face intense pressure to improve their ESG efforts from shareholders, social activists, consumers, regulatory bodies, employees and the media.
Within this context, the idea of putting one’s money where their mouth is has been gaining traction among companies when it comes to achieving ESG goals. Increasingly, companies are integrating non-financial ESG factors into executive compensation programs as a way to drive accountability toward goals and respond to the concerns of investors and others. READ MORE