Three in four major companies linking carbon targets to executive pay

28th February 2023


More than three-quarters of Europe’s top 50 companies are linking carbon reduction targets to executive pay, a new study by PricewaterhouseCoopers (PwC) has uncovered.

The analysis of STOXX Europe 50 companies found that 78% have adopted some sort of carbon target in executive pay, which is up significantly from 2021, when 60% linked any sort of ESG measure to pay.

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