BSR Insight | Linking Sustainability Performance to Employee Rewards and Incentives
A new report by the World Business Council for Sustainable Development’s explores the business case for incorporating sustainable development measures into employee rewards and incentives structures.
The report identifies the following benefits:
- Aligning incentives and rewards to sustainability commitments is a powerful way to demonstrate both internally and externally that sustainability is critical to and integrated throughout the business.
- Establishing a sustainability incentive system requires developing clear goals and performance metrics, which help focus people's minds on the sustainability issues material to business success.
- Integrating sustainability into performance reviews and rewards ensures that issues are discussed, training needs are identified, and people are incentivized to pursue sustainability objectives.
- Incentive systems can motivate employees to develop new business models to address urgent sustainability issues such as climate change and water security.
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