Remuneration

Eurosif partnered with EIRIS for the Remuneration theme report.
EIRIS_Strapline_Logo-300x98A Steering Committee comprised of representatives from CM-CIC Asset Management, Ethos Foundation, Groupama Asset Management, Henderson Global Investors, MACIF Gestion, PhiTrust Active Investors, Robeco, Société Générale Gestion, provided expertise and input to help shape this report.

  • 29% of FTSE Eurofirst300 listed companies have some commitment to linking remuneration to ESG performance – although concerns exists around the extent to which performance targets are set as ‘soft targets’ thereby guaranteeing a minimum level of bonus
  • Financial institutions account for 23% of the FTSE Eurofirst300 index but only 16% of financial institutions have an ESG-linked remuneration system
  • Shareholders should engage with companies by voting against unacceptable remuneration packages and calling for and taking part in shareholder dialogue in determining remuneration policy,
  • Regulators should promote active dialogue between companies and shareholders by legislating for a binding “say on pay

Downloads

Leave a Reply

Your email address will not be published. Required fields are marked *