More Asia Pacific companies are linking ESG metrics to executive compensation

Quick Summary:

It is the only region that has seen an increase in linking sustainability performance to executive pay, according to research by insurance services provider WTW.

Despite the region’s progress in sustainability-linked remuneration, only a third of companies used ESG measures in their long term incentive plans.

However, only 42 per cent of companies in the region used environmental metrics, which is a large difference compared to 85 per cent of companies in Europe.

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Article Details

Author / Journalist: Hannah Alcoseba Fernandez

Category: EconomyBusiness

Markets: SingaporeAustraliaHong KongJapan

Topics: SDGs Gender Reporting Climate risk Business resilience Science Scope 3 Sustainable development Compliance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-15 @ 05:00:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: eco-business.com

Language: English

Article Length: 618 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Eco-Business

News ID: 25170277

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Main Topics: EconomyBusiness

Official Website: eco-business.com

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Year Established: 2009

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