Corporate Purpose, Redefined
Shareholder value is no longer everything. The 2019 Business Roundtable redefined the prevailing view of the modern corporation: companies must also deliver value to employees, customers, communities and society.
In light of this shift (accelerated by the Coronavirus crisis), ESG and Human Capital Management (“HCM”) matters will become core to corporate governance and executive compensation conversations. Semler Brossy offers this webpage as an ongoing resource for Boards and companies navigating these complex and timely governance topics.
Our latest analysis and insights on the current landscape of ESG in executive incentives. View previous reports:
Our Guidance for Translating Theory into Action
A selection of our published advice on ESG and HCM matters where they intersect with executive compensation
Deborah Beckmann and Seymour Burchman
Moving Cautiously on ESG Incentives in Compensation
Deborah Beckmann, Blair Jones, & Avi Sheldon
Olivia Tay & Seamus O'Toole
Blair Jones and Matthew Westlund
Lay the foundation for accelerated and permanent change.
Human Capital Management Proxy Disclosures
Avi Sheldon, Andrew Friedlaner, Matthew Mazzoni, and Blair Jones
Legislative, Regulatory and Other Developments
An overview of trends and requirements shaping the regulatory and reporting environments around ESG and HCM matters
Research Affiliates, LLC
Ethical Boardroom
The Conference Board Subscription
ISS ESG Enhances Governance QualityScore Methodology with Sustainability Factors
Institutional Shareholder Services
Business Leaders: The Shift to Stakeholder Capitalism Is up to Us
World Economic Forum
How Boards and Companies are Responding
How Boards and companies are addressing ESG and HCM matters in executive pay, the Board’s role and shareholder engagement
The New York Times
Sullivan & Cromwell LLP Download
Are Companies Incorporating ESG Factors Into Executive Remuneration?
CGLytics
Roadmap for Sustainability: Executive and Employee Compensation
Ceres
The Wall Street Journal
Views from Investors and Other Stakeholders
A sampling of the corporate purpose and ESG debate, including prominent views from investors, employees, and business and governance commenters
The Economist
Harvard Business Review
How Fund Families Support ESG-Related Shareholder Proposals
Morningstar, Inc.
BlackRock’s 2020 Priorities with a Focus on Sustainability, and ISS’ New Climate Voting Policy
Sidley Austin LLP
Aligning Corporate Culture With Long-Term Strategy
State Street Global Advisors