bp to reclaim £32m from former boss over “serious misconduct”

Former BP CEO Bernard Looney is poised to lose £32 million in pay and benefits as the company takes action following an internal investigation

‘CEOs rewarded for easy carbon targets’

A study alleges that some of Europe’s top companies are handing out full bonuses for insignificant climate progress

‘Less than a tenth of UK CEOs have financial incentive to go green’

New research from the Vlerick Business School suggests firms should consider introducing bonuses that reward sustainable behaviours and successes

Ofgem boss gets fat pay rise on fuel poverty day

The CEO of Ofgem has bagged a £15,000 bonus on top of his £190,000 salary. Dermot Nolan is one of three senior civil servants at the energy watchdog to net the extra cash. The news comes out on Fuel Poverty Awarness Day and as new research shows millions of energy customers in the UK are stuck […]

Centrica boss gives up his bonus

The boss of one of Britain’s biggest energy companies, Sam Laidlaw, said he will forgo his bonus this year. The chief executive of British Gas’ owner Centrica made the pledge in what seems to be an attempt to appease the anger of customers over rising energy bills. The company announced it is bumping up tariffs […]

Will Centrica boss do a Hester and waive bonus?

Campaigners are calling for Centrica’s chief executive to give up his bonus after criticising him for lining his “bulging pockets” at the expense of ordinary householders. Greenpeace want Sam Laidlaw to waive his bonus like Stephen Hester, the boss of taxpayer-bailed out bank RBS, who recently gave up one million-pound’s worth of shares under pressure […]