Apple links executive pay to performance against ESG targets
Apple links executive pay to performance against ESG targets Apple has confirmed plans to modify the bonuses its executives receive depending on how much progress the business makes towards key environmental and social targets. The tech giant’s Notice of 2021 Annual Meeting of Shareholders and Proxy Statement, published late last week, confirmed that annual bonus payments for executives will be increased or decreased by up to 10% depending on KPIs relating to Apple’s ESG programme. While Apple has not yet publicly listed specific metrics or targets, the firm’s core ‘Apple Values’ d...
Source: edie.net