Center on Executive Compensation: European Markets Lead on Linking Pay to ESG Metrics
September 9, 2021
Kira Ciccarelli
It is significantly more common for European companies to link incentives to performance against ESG metrics as compared to US companies. As mentioned in a recent article, approximately 33% of the largest 350 European companies include an environmental or sustainability metric in incentives, but only 14% of S&P 500 companies do so. Additionally, 11% of European companies have GHG emission reduction targets, compared with only 2% of S&P 500 companies.
A recent report from Diligent examines some of the variability across specific national markets in Europe.
Read the full article here.
Posted by the Center on Executive CompensationAbout the author
Lead Research Specialist
Kira Ciccarelli is the Lead Research Specialist of the Diligent Institute, the modern governance think tank and global research arm of Diligent Corporation. In her role, Kira researches and produces high-level modern governance reports, blog articles and podcasts designed to inform director decision-making and highlight best practices.
Before joining Diligent, Kira worked in a variety of data-driven research roles, including analyzing global aid funds to the UN Sustainable Development Goals (SDGs) and compiling a meta-analysis of political experimental findings for the Analyst Institute. She holds a BA in Public Policy from the College of William & Mary.