Sunway Hospitality CEO: ‘Miss Climate Targets, Lose Bonus'
Alex Castaldi, CEO of Sunway's hospitality and travel division, told Skift in an interview about climate change that the company now links a portion of executive bonuses to emissions performance.
'If we don't hit our climate targets, money is taken out of our bonus,' he said.
Sunway, headquartered in Malaysia, has committed to net-zero carbon emissions by 2050, with an interim goal of halving emissions by 2030.
Alex castaldi, ceo of sunway hospitality, says executive's bonuses are impacted if they miss climate targets. credit: sunway
The group, which owns over 12 resorts in Malaysia, Vietnam and
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