Linking greenhouse gas (GHG) emissions targets to compensation is one important means by which CEOs can be incentivized to achieve timely and systematic progress on climate. This report is a first step in assessing how effectively companies are currently linking GHG emissions reduction incentives to CEO pay. The percentage of companies integrating ESG goals in compensation is rising rapidly as investors push for climate progress. 1 In 2021, 52% of S&P 500 companies reported including ESG metrics in compensation while 69% of companies report they will be included in their 2022 compensation packages. 2 While this indicates some progress, such generalized linkages are generally insufficient to drive climate progress. As more companies begin to link GHG emissions reduction to compensation, it is important that it be done in the most transparent and impactful way.