Longer-term trends are becoming evident as companies continue their environmental, social, and governance (ESG) journeys. This year’s sixth annual research report by the Global Governance and Executive Compensation Group (GECN) is titled 2023 Global Trends in Stakeholder Incentives: The Staying Power of ESG. It explores how companies around the world seek to incorporate ESG measures and other value drivers into their executive compensation plans. This year’s research picks up from last year and details the three-year global and regional trends in the use of stakeholder incentives. We find the regional differences among companies’ use of stakeholder incentives striking, and hope that you do too.
Study Methodology
This report deliberately refers to “stakeholders.” While we acknowledge that ESG is the most frequently used name for interests that extend beyond those of immediate shareholders, we use the all-inclusive term “stakeholder incentives.”
This year’s research is again global in scope, covering companies in Australia, Canada, continental Europe, Singapore, South Africa, the U.K., and the U.S. We researched and analyzed data on stakeholder incentives from the most recent public disclosures of all companies listed in the following indexes: