Comments on: How National Grid Ties Executive Pay to Carbon Reduction http://www.environmentalleader.com/2009/05/14/how-national-grid-ties-carbon-targets-to-executive-pay/ Environmental Leader Mon, 13 Feb 2012 17:25:03 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Ryan O``Byrne http://www.environmentalleader.com/2009/05/14/how-national-grid-ties-carbon-targets-to-executive-pay/comment-page-1/#comment-303039 Ryan O``Byrne Wed, 09 Mar 2011 15:14:35 +0000 http://www.environmentalleader.com/?p=14917#comment-303039 This is well and good except that National Grid has been selling off CO2 producing assets as opposed to reducing emission intensities. For example, in 2009 to 2010, the amount of CO2 released per unit of energy produced actually increased by 1.3% (in the UK). This is not innovative sustainable measures, this is creative accounting. Source: Carbon Disclosure Project (https://www.cdproject.net/Sites/2010/32/12832/Investor%20CDP%202010/Pages/DisclosureView.aspx) This is well and good except that National Grid has been selling off CO2 producing assets as opposed to reducing emission intensities. For example, in 2009 to 2010, the amount of CO2 released per unit of energy produced actually increased by 1.3% (in the UK). This is not innovative sustainable measures, this is creative accounting. Source: Carbon Disclosure Project
(https://www.cdproject.net/Sites/2010/32/12832/Investor%20CDP%202010/Pages/DisclosureView.aspx)

]]> By: Tony Cable http://www.environmentalleader.com/2009/05/14/how-national-grid-ties-carbon-targets-to-executive-pay/comment-page-1/#comment-125911 Tony Cable Sun, 17 May 2009 18:42:05 +0000 http://www.environmentalleader.com/?p=14917#comment-125911 This is great news and should be an example to all these companies that salries should be related to achieving positive aims for both company and society. Let's hope many more companies follow their lead This is great news and should be an example to all these companies that salries should be related to achieving positive aims for both company and society.
Let’s hope many more companies follow their lead

]]> By: Noah Pollock http://www.environmentalleader.com/2009/05/14/how-national-grid-ties-carbon-targets-to-executive-pay/comment-page-1/#comment-125539 Noah Pollock Fri, 15 May 2009 14:25:28 +0000 http://www.environmentalleader.com/?p=14917#comment-125539 National Grid's efforts to tie executive pay to carbon reduction are inspiring! Change our business cultural and really operationalize the "triple bottom line" like National Grid is doing is essential as we transition to a sustainable society. Too often the only metric measured by businesses is "profit". What if this sort of approach drove businesses, say, in the financial industry? Perhaps the type of short-sighted decisions it made the last few years would never have happened... National Grid’s efforts to tie executive pay to carbon reduction are inspiring! Change our business cultural and really operationalize the “triple bottom line” like National Grid is doing is essential as we transition to a sustainable society. Too often the only metric measured by businesses is “profit”.

What if this sort of approach drove businesses, say, in the financial industry? Perhaps the type of short-sighted decisions it made the last few years would never have happened…

]]>