The share of S&P 500 companies integrating climate-related metrics into their executives’ compensation plans more than doubled over the past two years, according to a new report from The Conference Board based on disclosure data from ESGAUGE.
Executive compensation was tied to climate-related metrics by about 25% of S&P 500 firms in 2021 but rose to 54% in 2023. The percentage also doubled in the Russell 3000 index, going from 16% to 32%. READ MORE