将高管薪酬与气候绩效联系起来

IF 6.3 2区管理学 Q1 BUSINESS

California Management Review Pub Date : 2022-02-15 DOI:10.1177/00081256221077470

Robert A. Ritz

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引用次数: 11

摘要

气候变化已经上升到公司董事会的议事日程上。在机构投资者的压力下，企业正在为低碳世界重新制定战略。新兴企业应对措施的一个新方面是，高管薪酬正与气候绩效挂钩。本文考察了欧洲和美国能源巨头使用与气候相关的激励薪酬的不同方式，并针对“难以脱碳”行业的公司开发了一个框架，以了解其好处、挑战和关键的设计选择。它还就如何随着时间的推移改进这种组织实践提出了建议。

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Linking Executive Compensation to Climate Performance

Climate change has risen to board level on the corporate agenda. Under pressure from institutional investors, companies are reformulating their strategies for a low-carbon world. A novel aspect of the emerging corporate response is that executive compensation is being linked to climate performance. This article examines the different ways that climate-linked incentive pay is used at European and U.S. energy majors, and it develops a framework—aimed at companies in “hard-to-decarbonize” sectors—to understand the benefits, challenges, and key design options. It also makes recommendations on how this organizational practice might be refined over time.

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来源期刊

California Management Review Multiple-

CiteScore

18.40

自引率

3.00%

发文量

期刊介绍： California Management Review (CMR) serves as a vital link between academia and management practice, offering leading-edge research with practical applications. Edited at UC Berkeley’s Haas School of Business, CMR covers a wide range of management topics, including innovation, strategy, sustainable practices, and human resources. CMR ranks among the top management journals globally, distributing articles through outlets like Harvard Business School Publishing and SAGE Publishing. Focused on bridging academia and practice, CMR ensures that all articles are based on rigorous academic research while providing actionable insights for managers. In addition to regular issues, CMR publishes special issues and sections on relevant topics, often guest-edited by leading faculty. Recent special issues have covered dynamic capabilities, city innovation, big data, and intellectual property management.