Is there a need to link executive pay to corporate purpose?

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Written

02.11.2023

Author

Gaizka Ormazabal IESE Business School

Source

ECGI European Corporate Governance Institute

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On October 19, 2023, ECGI shared a blog discussing whether or not there should be a link between executive pay to corporate purpose. This blog shares statistics collected through surveys, proposes several potential reasons for companies to base executive compensation arrangements on ESG metrics and explores the potential consequences of the implementation of ESG Pay.