“The vast majority of S&P 500 companies are now tying executive compensation to some form of ESG performance—growing from 66 percent in 2020 to 73 percent in 2021.

The most significant increase was found in companies’ use of diversity, equity & inclusion (DEI) goals, rising from 35 percent in 2020 to 51 percent in 2021, as investors and other stakeholders continue to focus on diversity.”

[COMMENTARY] Seeping through into C-suite thinking is the realization that different perspectives on issues have proven to be more profitable. Diversity also improves a company’s ESG ratings!
Linking Executive Compensation to ESG Performance, by Merel Spierings, The Conference Board, Inc., November 28, 2022, Harvard Law School Forum on Corporate Governance, USA.