Consider how to incentivise your management teams through aligning performance, remuneration, and feedback structures to your climate and transition plans.
Executive remuneration is a pivotal tool for driving climate action. Our latest guide for non-executives, "Climate action and remuneration: A pocket guide for remuneration committees", delves into the critical intersection of executive pay structures and climate goals, providing actionable insights for chairs and members of remuneration committees.
In 2021, the Climate Governance Initiative, in collaboration with WTW, published the Executive Compensation Guidebook for Climate Transition. This instructive guide explored how to drive climate strategy by meaningfully embedding it within executive compensation frameworks. this addendum is intended to be read in conjunction with the original Guidebook.