Apple stated in a regulatory filing that environmental, social, and governance factors will be incorporated into its bonuses calculations. — AFP
Apple is making environmental and social values factors it will weigh when calculating bonuses for top executives, according to a regulatory filing on Tuesday.
The change taking effect this year is intended to motivate Apple executives "to meet exceptionally high standards of values-driven leadership in addition to delivering strong financial results," the Silicon Valley technology titan said in proxy documents filed with the Securities and Exchange Commission.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
