Paying for net zero: Using incentives to create accountability for climate goals

This report was created to support boards that are considering including carbon targets in executive compensation. A collaboration between PwC and the Leadership Institute at London Business School, it examines whether current practices are meeting investor expectations, as well as the challenges and complexities of including carbon targets in compensation. The report finds that common gaps persist in relation to the degree of transparency of targets, as well as the clarity with which the targets are linked to public-facing decarbonisation goals. To address this issue, the report introduces a four-criteria rubric that can help you to establish credible links between executive compensation and your climate strategy.