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News & Information

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March 30, 2021 To improve accountability, Norrsken VC ties partner compensation to its portfolio’s sustainable successes

Source: TechCrunch

With the close of its latest investment fund, Norrsken VC is is taking an unprecedented step in tying the compensation of its partners to the positive changes the firm’s portfolio companies have on the world — and not just their...

March 11, 2021 Goldman Sachs pledges $10 billion to support advancement of Black women

Source: CNBC

The new initiative — called “One Million Black Women” — will focus on areas such as access to capital, job creation, financial health and workforce advancement. Goldman said the effort is “the largest announcement of its kind in...

March 5, 2021 Chipotle will be tying executive compensation to diversity and sustainability goals

Source: National Restaurant News

Chipotle is the latest food service company to make this type of commitment, with goals of increasing locally grown food, maintaining racial and gender pay equity, and improving environmental transparency

February 25, 2021 Millennials and Gen Z Are Willing to Accept Lower Wages to Work in More Sustainable Firms

Source: Promarket

Firms in more environmentally friendly sectors are better able to attract and retain talent and at lower wages. Millennials and Gen Z, who are climbing the corporate ladder, have more pronounced preferences for sustainability....

December 10, 2020 Opinion: San Francisco Puts Another Nail in Its Own Coffin

Source: National Review

The fatal flaw of this bill and others like it lies in the idea that fair compensation should be defined by people other than those who have skin in the game — namely, a company’s principals, board of directors, and ultimately...

December 7, 2020 Deutsche Bank to link executive pay to sustainability goal

Source: Yahoo

the policy will measure the volume of sustainable financing and investment that complies with environmental, social and governance criteria, and how the bank is ranked by rating agencies on sustainability, the newspaper said.

November 30, 2020 Editorial - As NY politicians eye new taxes on the rich, high earners eye the exits

Source: NY Post

The 660,000 New Yorkers (17% of income tax payers)who qualify as top earners generated more than 80% of NYC's income-tax revenue.

October 11, 2020 Is Your Executive Compensation Plan Undermining Your Mission?

Source: Harvard Business Review

The coronavirus pandemic has now accelerated technological change and innovation across industries, especially in e-commerce and remote work. Adding to the turbulence, social forces and business dynamics have undercut shareholder...

August 31, 2020 Bankrupt Hertz seeks $5.4M in executive bonuses

Source: Fox Business

ust months after Hertz Global Holdings Inc. shelled out $16.2 million in extra pay meant to keep executives from leaving as the coronavirus pandemic decimated the travel industry, the car rental company wants to pass out $14.6...

July 6, 2020 Daimler CEO Says Drastic Salary Cuts Are Coming, Warns Exec To Brace For Reductions

Source: CarScoops

Daimler chief executive Ola Kallenius said that his company, as well as the car industry as a whole, are facing painful salary cutbacks due to the economic fallout caused by the COVID-19 pandemic.

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