Shell Ties C-Suite Bonuses to Emissions, Cash Flow

Posted by Joseph Keefe

Royal Dutch Shell directors will from this year be
rewarded depending on how well the company manages its greenhouse
gas emissions and how much free cashflow it generates, it said on
Thursday.

Ten percent of directors' bonuses will be calculated according to
the management of emissions such as methane and carbon dioxide
from its refining, chemical and upstream assets, Shell said.

Chief Executive Ben van Beurden spoke of the plans in December.

Free cashflow will also replace the earnings per share measure in
directors' long-term incentive plans, Shell said, as it has
embarked on a $30 billion divestment drive to pay down debt that
has reached new highs following the BG Group acquisition.

Reporting by Karolin Schaps

Mar 9, 2017

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