---
title: Environmental, Social and Governance (ESG) Based Performance Conditions for Employee Incentive Awards
date: 2024-03-27T14:16:35Z
modified: 2026-01-09T15:30:12Z
permalink: "https://chancerylaneproject.org/clauses/environmental-social-and-governance-esg-based-performance-conditions-for-employee-incentive-awards/"
type: clause
status: publish
excerpt: ""
wpid: 2101
clause-application:
  - Schedule to plan rules
climate-or-nature-outcome:
  - Decarbonisation
  - ESG
climate-solution:
  - Incentivise and enforce decarbonisation
  - Promoting just transition
  - Reducing GHG emissions
  - Sustainable behaviours and practices
content-type:
  - Clauses
  - Corporate governance document
contract-lifecycle-stage:
  - Business decision and strategy
direction-of-obligation:
  - Organisation to internal party
jurisdiction:
  - England & Wales
law-or-regulation:
  - Equality Act 2010
  - EU Corporate Sustainability Reporting Directive (CSRD)
  - Modern Slavery Act 2015
legal-concept-activity:
  - Corporate alignment
maintenance-status:
  - Maintained
practice-area:
  - Corporate, mergers and acquisitions (M&A)
  - Tax, Pensions, Employment and Incentives
primary-user:
  - Directors/C-suite
  - Remuneration Committees
standard-or-framework:
  - International Financial Reporting Standards
  - Race to Zero
  - Science-based Targets Initiative (SBTI)
  - Transition Plan Taskforce Disclosure Framework
  - UK Corporate Governance Code
tclp-principle:
  - Good climate governance
clause_child_name: "Scarlett's Performance Conditions"
clause_summary: "<p>Conditions that incentivise performance by linking executive directors’ and other key employees’ share-based remuneration awards to achieving climate targets.</p>"
clause_last_updated_date: 2025-03-03
related_clauses: false
---

## Child’s name

Scarlett’s Performance Conditions

## Summary

Conditions that incentivise performance by linking executive directors’ and other key employees’ share-based remuneration awards to achieving climate targets.

## Last updated date

2025-03-03

## Related clauses