Water companies urged to link CEO pay with environmental performance

Ofwat has called for performance-related executive pay that reflects environmental impact

Aviva Investors to hold company directors accountable for failing on climate

The UK investment fund also expects companies to adopt a target for net zero emissions by 2050 and wants executive pay to be linked to sustainability goals

Oil giant Chevron ties executive pay to emissions reductions

It has pledged to reduce methane emissions and flaring intensity

Shell links executive pay to carbon reduction

It has pledged to set specific short term targets, starting from 2020 and running until 2050

High debt water firms could share £230m of financial gains with customers

Regulator Ofwat said companies must outline how they will do this in their business plans by 3rd September 2018

Ofwat: Water companies’ executive pay must be linked to customer service

It is part of regulator Ofwat’s proposals to rebuild public trust