Mark Carney says banks should link executive pay to Paris climate goals

Former Bank of England governor Mark Carney has said banks should link executive pay to climate risk management, as part of efforts to align the finance industry with Paris climate goals. \\…He said banks must “have some interim objectives and targets that are disclosed. Ideally a governance process that’s clear in terms of … specific board-level governance and responsibility around managing climate risks and opportunities. Ideally, [there should be] some compensation link to that as well, or at least disclosure about whether it is there or not.”

Mark Carney says banks should link executive pay to Paris climate goals | Executive pay and bonuses | The Guardian

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