ESG Metrics in Canadian Executive Compensation
Canadian boards are increasingly incorporating ESG metrics into executive compensation-
A Hugessen Consulting Inc. survey of 53 Canadian corporate boards found that:
23% currently incorporate ESG metrics into exec compensation
32% plan to do so in the upcoming year
19% plan to do so in the following year
26% have no plans to do so
Notably, 28% of respondents represented small/micro-caps, which may help to explain why roughly that proportion of respondents have no plans to bring ESG factors into compensation at this time.