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The share of green is rising in the remuneration of CAC 40 bosses

2021-11-25T06:23:17.705Z


Salary variables correlated with climate objectives are gradually integrated into the salaries of the big bosses.


"Another thing is to say, and another thing is to do"

, goes the adage of the XIX century.

Proof of this is given with the inclusion of climate objectives in the compensation of CEOs of CAC 40 companies. This is reflected in the 2021 compensation barometer carried out by the French Institute of Directors (IFA), Ethics & Boards and Chapter Zero France, which a school teacher would sum up with an encouraging

“good, but could do better”

.

To read also

Frédéric Mazzella (BlaBlaCar): "We think about the happiness of the team"

Although 87% of CAC 40 companies have integrated a climate objective into the variable compensation of their manager, it is often a quantitative indicator for reducing CO emissions, sometimes with an external extra-financial rating.

But its weight is still marginal compared to traditional performance criteria, since it represents on average only 9% for the “long-term” variable and 5% for the “annual” variable.

Another downside: only one in five companies has a quantitative objective, both long and short term.

From words to deeds

In short, it remains

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Source: lefigaro

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