Investor-owned utilities lack executive compensation incentives aimed at emissions reductions, report says

An effective incentive needs to be something measurable, and it needs to be tied to something the recipient of the incentive can actually control, according to Rosanna Landis Weaver, executive compensation program manager for As You Sow. With respect to utility decarbonization, she said she also looks for incentives that reward actions beyond business as usual. Otherwise, Weaver said, the incentive only serves to inflate CEO compensation without producing meaningful change. Read More →

EnergyAs You SowOctober 19, 2020Emma Penrod, energy, climate, CEO Pay, ceo pay, emissions reductions, homepage

Citing slow, overcrowded market, GE exits coal industry, raising questions about next steps

Indeed, while organizations such as shareholder advocacy group As You Sow heralded GE's announcement as one that "signaled meaningful change to its business by moving away from high-carbon technologies like coal," GE framed the decision as one of market necessity. Read More →

EnergyAs You SowSeptember 28, 2020Emma Penrod, energy, climate, GE coal