Towards Responsible Remuneration

Part of Davos 2023 · SDG Tent at Davos 2023

This event took place on Thursday, January 19, 2023 at 3:30 PM UTC.

Ocean Room. CEOs and board members are increasingly expected to lead the change and contribute to a more sustainable economy. This requires making different corporate decisions. Few levers are more effective at guiding a corporation’s behaviour than the financial incentives offered to its CEO and other executives. With corporate activities impacting billions of lives, executive remuneration has a critical role to play in the transition to a sustainable economy. The alignment of purpose, practice, profit, and pay is a key contributor to the change for good. Global principles of responsible remuneration will support businesses to accelerate change. To this end, and to advance the UN Global Compact SDGs, Reward Value together with InTent is launching the Principles of Responsible Remuneration (PRR). Information on the principles and how companies can activate them will be shared during the event.