If your head is beginning to spin a bit from all of these powerful corporations suddenly jumping aboard the carbon-neutrality bandwagon, you're not alone.
Hallelujah. It seems that finding religion is a powerful thing — especially when the epiphany occurs late in life and after spending years and considerable sums undermining those who had been doing the preaching.
It is what it is, I guess. Regardless, a big number of giant automakers and suppliers have now made very public pledges to be carbon neutral by 2050, and most identified at least some steps they plan to take to reach that laudable goal.
But let's be honest: When these long-term promises come due, most of the corporate executives making the pledges today will be long gone from the companies they now lead. Some won't even be alive. It's not exactly a wellspring of corporate accountability.
Which is why what automotive supplier Valeo did this month is so interesting: As part of its carbon-neutral-by-2050 pledge, Valeo will this year start tying a portion of the annual compensation for more than 1,500 top global executives to the company's success at reducing CO2 emissions or developing sustainability programs.
The supplier is implementing a system of direct accountability — today — for the incremental actions that the company must take to achieve carbon neutrality and slow climate change.