Executive bonuses linked to ESG goals at three-quarters of Iseq-20 companies

received an Iseq-record remuneration of €13.9 million last year, said in its annual report that it is proposing that 15 per cent of awards under its executive performance share programme for 2022 be tied to ESG targets. These include measures on driving the company towards carbon neutrality, inclusion and diversity and revenue from products “with enhanced sustainable attributes”.

A fifth of Kerry Group’s executive long-term incentive plan since last year was tied to the company achieving milestones against its targets of reducing carbon emissions by 55 per cent and food waste by 50 per cent by the end of the decade.last year after a previous “founder shares” incentive scheme proved less lucrative than envisaged at the time of the group’s 2015 flotation, tied a fifth of its short-term bonus plan and a fifth of its LTIP to ESG issues.

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