Here's One Way Shareholders Can Get Companies to Act on Global Warming
Remember 'say on pay'? Tie compensation to emissions cuts, suggests Sustainalytics' Jackie Cook.
Sustainability Matters
Mentioned: Visa Inc (V)
, Marathon Petroleum Corp (MPC)
, Phillips 66 (PSX)
, Norwegian Cruise Line Holdings Ltd (NCLH)
, Paycom Software Inc (PAYC)
, Walgreens Boots Alliance Inc (WBA)
, Starbucks Corp (SBUX)
, Alphabet Inc (GOOGL)
, BlackRock Inc (BLK)
, Apple Inc (AAPL)
Here’s one way your fund can start prodding companies to act on climate change: Link executive pay to their plans to reduce emissions that cause global warming, and then vote every year on how well executives are doing on those goals.
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Leslie Norton does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.