Notably, aviation emissions have doubled since the 1980s and the use of private jets, likely the most emission-intensive way of flying, is growing. According to the Intergovernmental Panel on Climate Change (IPCC) aviation accounts for approximately 2% of global CO2 emissions produced by human activity.
Read MorePaid sick leave has always been an important benefit to employees, but the coronavirus pandemic is throwing into stark relief how critical it is from a corporate risk management perspective.
Read MoreThis year we are seeing in real time what happens when companies have massive amounts of cash. The combination of corporate tax cuts and repatriation of money from fattened corporate bank accounts abroad to record-breaking balances.
Read MoreIt would take 100 such employees more than a decade. Walmart CEO Doug McMillon’s total compensation of $22.8 million certainly let’s him live by Walmart’s slogan to “save money and live better,” but the story for employees and long-term shareholders is different.
Read MoreAlbert Camus once wrote that “the absurd is born of this confrontation between the human need and the unreasonable silence of the world.” The silence of the world has been broken on exorbitant pay packages for CEOs, and the truth is indeed absurd.
Read MoreThe discussion of how much leaders should be paid in comparison to their workers is an old one, as pointed out by former compensation consultant Graef Crystal, “Plato told Aristotle no one should make more than five times the pay of the lowest member of society. J.P. Morgan said 20 times.
Read MoreAs part of its annual report on CEO pay, As You Sow collects pension fund proxy voting records, either through websites or from public information requests. Given the importance of climate change, we decided to review fund voting on climate proposals.
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