Per an updated study by the S&P on S&P 500 companies

  • 35% have compensation for employees tied to emission reduction (up 17% from 2021)
  • 27% of senior executives have comp tied to emission reduction (up 42% since 2011)
  • 15% of CEOs have comp tied to emission reduction (up 67% since 2021)

As to energy companies

  • 48% of CEO comp is tied to emission reduction (up 118% since 2021)

As to Net Zero / Scope 3 commitments

  • 45% have net zero commitments (impacting you, their vendor)

So, how does this impact you?

  • If their compensation is tied to reducing emissions and if nearly half of them have net zero commitments, they are going to want/need sustainable vendors
  • If you are part of their supply chain, odds are, you will either need to become sustainable or face being replaced by a sustainable vendor
  • If you want to be part of their supply chain, waving a flag saying you are certified sustainable is a good strategy

You can either ignore or be proactive. 

If you wish to be proactive, read this on what you want in a sustainability program, watch this master class, and contact us.