Companies are increasingly using carbon targets as part of executive pay outcomes, according to a joint study by PwC UK and the London Business School (LBS) which analyses the carbon targets in executive pay at 50 of the top major European companies.
The report reviewed the quality of the implementation of ESG targets in executive pay in the STOXX Europe 50 constituents.
Analysis showed that the vast majority (78 percent) of companies have now adopted some measure of carbon target in e...