Imagine the hours put into everyone of these reports required by law throughout the whole country.
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Key KPI achieved?
"Remuneration
Performance metrics are included in Executive
and other senior management remuneration.
A number of KPIs under Oceania’s Remuneration
Policy is collective delivery against Oceania’s
strategic pillar priorities, including a KPI that is
specific to sustainability (including climate) as
outlined further on page 35"
pg 35 "Oceania established a $500m, five-year,
sustainability linked loan in July 2022.
One of the key Sustainability Performance
Targets (SPTs) is the establishment of, and
meeting a, GHG emissions target verified
by the SBTi. Meeting this SPT attracts an
interest margin discount and not meeting
this SPT incurs an interest margin penalty.
In this reporting period, Oceania met all SPTs
and will receive an interest margin discount. "
Q: Who pays for the interest margin discount?
51c fellas. How low can it go? :t_up:
I'm loving it.