Climate moved into the letter, then into the bonus
In FY2015, 13% of the ASX 200 leader letters we found mentioned climate. By FY2025 it was 55%. Over the same years, the share of companies with an environment or climate measure in the chief executive's bonus plans went from 7% to 48%. The letters moved first: most of their rise came between FY2018 and FY2021, from 26% to 51%. The bonus plans kept climbing after that, from 28% in FY2021 to 47% in FY2024.
Here is something interesting. We cannot tell from this whether one led to the other. The two counts use different groups of companies. The letters are those we found each year, fewest in FY2015. The bonus plans are the same 50+ companies in every year.
| FY2015 | 7% |
|---|---|
| FY2025 | 48% |
Chief executives' bonus plans at the same ASX 200 companies in both years.
Sources: the companies' own annual reports and remuneration reports, FY2015 to FY2025. Counts by onestepright.
See the figures behind it: What ASX 200 companies write about in their annual reports, What ASX 200 chief executive bonuses pay for
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