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    Marc Treviño, Michelle Chen and Alex LePore Author Law360 Article on Financial Stability Board Report on Trends in Climate-Related Compensation Practices

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    May 22, 2023

    Marc Treviño, Co-Head of Sullivan & Cromwell’s Corporate Governance practice and the Managing Partner of its Executive Compensation Group, along with Michelle Chen and Alex LePore, co-authored the article “What Banks Can Glean From FSB Climate Risk Report” for Law360.

    The article discusses the Financial Stability Board’s recent report entitled “Climate-related Financial Risk Factors in Compensation Frameworks,” which provides insights on how financial institutions incorporate climate-related metrics into their compensation frameworks and identifies related implementation challenges. Given the lack of comparative data on evolving climate-related compensation practices, the report may be a valuable tool for financial institutions across the banking, insurance and asset management sectors.

    Read “What Banks Can Glean From FSB Climate Risk Report.”

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    Marc Treviño
    New York
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    C. Michelle Chen Headshot Photo
    C. Michelle Chen
    Washington, D.C.
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