Pierre Chaigneau

If shareholders want corporations to take climate change and social responsibility seriously, firms should pay their leaders for results on those dimensions. (Unsplash+)

The push to standardize ESG scores could make corporate greenwashing easier, not harder

Tying executive pay to ESG metrics is now standard practice at most large companies. But new research finds that when the scoring methodology becomes predictable, it becomes easier to game.
A woman fills up her vehicle with gas in Toronto in 2019. Governments the world over are stuck between being accused of doing nothing to address climate change or taking actions which often incur a political backlash. THE CANADIAN PRESS/Christopher Katsarov

Climate change solutions require collaboration between politicians, scientists and entrepreneurs

We look to politicians to provide climate change solutions, but there is only so much they can do. Beyond regulation, governments should remember the key role they play in promoting innovation.
Executive pay is an issue that often causes public uproar. But it’s not as greed-driven as we might think. Razvan Chisu/Unsplash

The uproar over executive pay isn’t entirely warranted

High CEO compensation angers the public, particularly when it doesn’t seemed tied to performance. But as a whole, trends in executive compensation are consistent with fundamental economic forces.

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