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Amundi warns more than 500 bosses that pay and bonuses must be linked to ESG

Yves Perrier, who steps down as CEO in May, urged companies to factor in climate change, dividend payments and staff pay when considering remuneration for top executives

Yves Perrier
Yves Perrier Photo: Getty Images

The outgoing chief executive of Amundi has warned bosses of some of Europe's largest companies that the asset manager will vote against executive pay packages that are not explicitly linked to certain environmental, social and governance objectives.

It's the latest sign that top shareholders are ramping up pressure on company boards in the wake of the Covid crisis.

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