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

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 77%

United States News News

United States United States Latest News,United States United States Headlines

Three-quarters of Iseq 20 companies link bonuses to ESG goals

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Executive bonuses and ESG, slow cancer drug approvals, and KPMG’s acquisitionBusiness Today: The best news, analysis and comment from The Irish Times business desk
Source: IrishTimesBiz - 🏆 6. / 77 Read more »

Executive bonuses and ESG, slow cancer drug approvals, and KPMG’s acquisitionBusiness Today: The best news, analysis and comment from The Irish Times business desk
Source: IrishTimesBiz - 🏆 6. / 77 Read more »

NBI shelves plan to deliver Broadband Plan in five years | Business PostCompany reverts to original seven-year deadline as politicians criticise delays, but executives predict rollout will ultimately be successful
Source: businessposthq - 🏆 8. / 71 Read more »