executive pay
Ofwat has called for performance-related executive pay that reflects environmental impact
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
It has pledged to reduce methane emissions and flaring intensity
It has pledged to set specific short term targets, starting from 2020 and running until 2050
Regulator Ofwat said companies must outline how they will do this in their business plans by 3rd September 2018
It is part of regulator Ofwat’s proposals to rebuild public trust