26 Apr '12, 6pm

Why it's time to link compensation with sustainability #GrnBz via @GreenBiz

[Editor's note: The question of whether to tie executive bonuses to a company's sustainability performance has been hotly debated for years. Now Andrea Moffat, vice president of the corporate program at sustainability advocate group Ceres, argues that the time has come to link compensation with sustainability -- and not necessarily only at the executive level, either. Her post comes the same week as Ceres releases a new report calling business progress on sustainability "disappointing." ] Incentive-based pay isn’t new; it’s been around for centuries. Ship captains transporting prisoners from England to Australia were once rewarded, not on passenger counts, but on how many survived the journey. Nowadays with major companies, it’s usually linked to financial performance. But unless companies begin to connect compensation to sustainable environmental and social performance, t...

Full article: http://www.greenbiz.com/blog/2012/04/26/why-its-time-link...

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