Shell is tying executive pay to carbon emissions. Here's why it could create real impact [CNN]
Royal Dutch Shell PLC Royal Dutch Shell PLC American Depositary Shares (Each representing two Class B Ordinary Shares) (RDS.B)
US:NYSE Investor Relations:
shell.com/investors.html
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Source: CNN
By Radhakrishnan Gopalan, John Horn and Todd Milbourn for CNN Business Perspectives Updated 2:21 PM ET, Fri December 14, 2018 Chat with us in Facebook Messenger. Find out what's happening in the world as it unfolds. Radhakrishnan Gopalan is professor of finance at the Olin Business School and academic director of the IIT-Bombay-Washington University Executive MBA program. John Horn is an Olin professor of practice in economics. Todd Milbourn is vice dean and Olin's Hubert C. & Dorothy R. Moog Professor of Finance. The opinions expressed in this article are their own. At a time when governments are struggling to find broad and economically workable responses to climate change, Royal Dutch Shell announced in early December that it would tie executive compensation to short-term carbon emissions targets in 2020. Whether this was a purely altruistic move aimed at corporate social responsibility or a response to investor pressure, it's mor
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