Intel, Xcel Energy, Alcoa, ING, National Grid, Shell, and Suncor Energy are among the US companies tying executive compensation to sustainability performance, according to a report from The Conference Board.
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Results from a 2010 survey by The Conference Board of US public companies showed 11.1 percent of respondents integrated sustainability objectives into business operations by linking compensation and sustainability.
Intel, the report says, has linked sustainability performance to bonuses for all employees since 2008. Intel’s bonus calculations take into account the energy efficiency of the company’s products, commitments to renewable energy, and the company’s performance related to its carbon footprint reduction goals.
I’ve long been a believer that companies and individuals should be rewarded for positive sustainability performance rather than being penalized (i.e., fined) for poor performance.
About Richard Romano
Richard Romano is Managing Editor of WhatTheyThink. He curates the Wide Format section on WhatTheyThink.com. He has been writing about the graphic communications industry for more than 25 years. He is the author or coauthor of more than half a dozen books on printing technology and business. His most recent book is “Beyond Paper: An Interactive Guide to Wide-Format and Specialty Printing.