In recent years, Hohn has used his growing influence to pressure companies to better disclose their carbon dioxide emissions as a means to curb climate change. His ‘Say on Climate’ initiative is an effort to make companies better disclose emissions and benchmark their performance incentives to curbing carbon output. Professor Eccles says that a Say on Climate vote would burden investors with analysis of climate transition plans and performance. Absolute emissions and emissions intensity should be used as a clear and simple metric to grade performance. Critically, CEO compensation must to be tied to plan performance.

Source: Forbes March 09, 2021 11:30 UTC