Sustainable Pay Should Be Linked to Creating Value Not Just Protecting It
Coro Strandberg recently moderated an Executive Compensation panel at the Social Investment Organization’s annual conference.
Panelists included two of Canada’s largest institutional and retail investors which are signatory to the UN Principles for Responsible Investment (BCIMC and Ethical Funds) and a leading global corporate governance service provider (ISS).
The investor panelists flagged four top environmental, social and governance (ESG) executive compensation issues:
• pay for performance,
• sustainable pay,
• equitable pay, and
• excessive pay.
The audience – particularly corporate reps – wanted to know: what is best practice in sustainable pay metrics?