Deutsche Bank to link management pay to sustainability targets
07 December 2020 - 19:20
Frankfurt — Deutsche Bank plans to join a small number of financial institutions that link management pay to environmental, social and governance-related (ESG) criteria.
Germany’s largest bank said on Monday that from 2021 management compensation would be tied to reaching targets on sustainable finance investments, on the sustainability ratings it receives from five leading ESG ratings agencies, and on succeeding in reducing the bank’s own energy consumption...
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