Ethics & Boards European Corporate Governance Barometer: ESG emerges as remuneration criteria

ESG issues are making inroads into European board committees, according to a new survey from ecoDa and Ethics & Boards, conducted on Stoxx Europe 600 covering 16 countries. Despite not being legally required, ESG committees have increased by 54 percent during the last three years.
“In countries where the topic of ESG is quite new, boards tend to start with a combined or, for large companies, dedicated committee. However,smaller boards do not allow for the creation of an extensive number of committees”, highlighted Floriane de Saint Pierre, Founder and President, Ethics & Boards.