Investors should require companies to tie executive pay to ESG targets

By Carlo Svaluto MoreoloJune 2022 (Magazine)

Stuart Kirk, global head of responsible investing at HSBC Asset Management, has been suspended for saying that investors need not worry about climate risk. Those among the company’s clients who are concerned with sustainability may be relieved that he has been suspended, but there remain questions about greenwashing at the company and within the whole asset management sector.