ISS global trends report finds increased use of environmental and social pay metrics, with 51% of firms in France using at least one.
Image: Creative icon styles/Shutterstock
In just two years the use of ESG pay incentives for executives has more than doubled, according to ISS ESG, the responsible investment arm of Institutional Shareholder Services (ISS).
The company's latest report looking at global trends says while the dominant measures for performance and pay remain earnings or stock price, environmental and social (E&S) metrics are no longer an “afterthought”, with their use now skyrocketing.
According to Casey Lea, an expert at ISS ESG , environmental and social measures are now a “critical issue”.
“This rapid increase in adoption means investors must be mindful of not just who is ado
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda