Paul J. Davies, Columnist

How to Cut Emissions Faster? Make It Count in CEO Pay

The quest to de-carbonize the global economy shouldn’t be all talk. Executive pay and incentives should include climate metrics.

October 18, 2021 at 2:30 AM EDT

By Paul J. Davies

Paul J. Davies is a Bloomberg Opinion columnist covering banking and finance. Previously, he was a reporter for the Wall Street Journal and the Financial Times.

US-CLIMATE-WEATHER-HEATWAVE — Photographer: ROBYN BECK/AFP

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Executives from Barclays Plc, BlackRock Inc., JPMorgan Chase & Co. and other big names in finance will gather with hundreds of investors at a U.K. summit on Oct. 19 to extol the virtues of green investment and fighting climate change. But how many of these leaders are directly and personally invested in cutting emissions or cleaning up portfolios through their executive pay schemes?

Disappointingly few.

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