Prudential lifting use of ESG pay to support investment strategy
With sustainability-linked remuneration now a component of its new transition finance framework, the insurer would like to see more companies incorporate ESG metrics into compensation.
Prudential plc is increasing its use of sustainability-linked pay and raising the practice when it engages with investee companies, with an eye on driving positive environmental and social impact.
The Hong Kong-headquartered insurer recently introduced a remuneration-linked investment target under the transition finance framework it put in place this year.
It has also mandated sustainability-linked key performance indicators (KPIs) for all its managers by 2026 and is …
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