03 Jun '11, 9am

HSBC hails sustainability bonus success story via @businessgreen

The topic of bankers' bonuses might have got the City into plenty of hot water in recent years, but that has not stopped HSBC pioneering a type of remuneration package that looks set to prove much more popular with the banking industry's many critics. The company has revealed it has successfully incorporated sustainability indicators into employee assessments, providing them with a clear incentive to help the financial services giant cut water and energy use, reduce waste and trim its carbon footprint, while also providing a basis for sustainability bonuses. FURTHER READING Exclusive: Chief execs confirm sustainability projects are smashing expectations Carbon Trust calls for energy efficiency partnerships HSBC has spent several years cultivating its green credentials through the company's well-publicised Climate Partnership with the Climate Group and WWF, as well as its l...

Full article: http://www.businessgreen.com/bg/interview/2075083/hsbc-ha...

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