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Heineken wants to link executive pay to green targets

Bloomberg
Bloomberg • 2 min read
Heineken wants to link executive pay to green targets
"The days where you delegated this to your sustainability team and your corporate affairs team are long gone."
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Salaries and bonuses paid to Heineken NV managers may soon depend on how committed they are to fighting climate change as the world's second-largest brewer searches for ways to meet its 2040 net-zero emissions goal.

“We’re investigating how to link this to executive remuneration,” Chief Executive Officer Dolf van den Brink said in an interview with Bloomberg TV on Wednesday, June 16.

Companies are increasingly under pressure from board members, investors and customers to prove they’re taking meaningful steps to lessen their impact on the planet. Experts say linking executive pay is a key step to incentivize corporate management to meet climate goals.

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