Apple ties exec bonuses to social, environmental values

Apple stated in a regulatory filing that environmental, social, and governance factors will be incorporated into its bonuses calculations. — AFP

Apple is making environmental and social values factors it will weigh when calculating bonuses for top executives, according to a regulatory filing on Tuesday.

The change taking effect this year is intended to motivate Apple executives "to meet exceptionally high standards of values-driven leadership in addition to delivering strong financial results," the Silicon Valley technology titan said in proxy documents filed with the Securities and Exchange Commission.