AGL says it will link bosses’ bonuses to lowering emissions

Energy provider is first major Australian company to connect executive pay to net-zero goal

Australia's largest domestic emitter of greenhouse gases, the energy provider AGL, is the first major company in the country to link managers' bonuses to lowering emissions.

AGL announced on Tuesday that metrics including the amount of power the company generated from renewable sources would be linked to the pay incentives of key managers from the next financial year, starting in July 2021.