Schemes linking company bosses' pay to cuts in greenhouse gas emissions are ineffective, research showsSchemes linking corporate executives' pay to how far their firms cut their greenhouse gas emissions are ineffective, new research says.
Many large companies have brought in schemes offering executives bonuses for cutting their firms carbon dioxide emissions. But Mr. Morrison's research found that among the multi-nationals he studied, the bonuses had almost no effect.at the Nottingham Business School, Nottingham Trent University,"Multi-national corporations might invest in certain board sustainability characteristics to portray a false positive image but still produce high emissions.
He studied firms in 67 different types of industries from 2002 to 2022, and adjusted to data to exclude effects caused by the country, industry and the year the data came from, to isolate the effect of executive compensation and initiatives on cutting emissions. Of the 1,970 firms studied, 211 were based in the UK.: Schemes linking company bosses' pay to cuts in greenhouse gas emissions are ineffective, research shows retrieved 2 September 2024 from https://phys.