By Stephen Nakrosis

 

Coca-Cola Co. on Wednesday said its board's Talent and Compensation Committee approved new performance measures for executives to include certain social and environmental goals.

The company said it will now include goals to promote employee diversity, equity and inclusion, which will make up 10% of executives' 2022 annual incentive. Net operating revenue, growth and operating income growth will equally comprise the remaining 90%.

The company also said it was including measures to promote achievement of Coca-Cola's environmental sustainability priorities, which will make up 10% of the executives' performance share unit award under the company's Long-Term Incentive Program. The company said net operating revenue growth, earnings per share growth and cumulative free cash flow will equally make up the rest of the award.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

February 16, 2022 15:41 ET (20:41 GMT)

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