Apple is making changes it believes will help drive results relating to the companyβs goals.
Reuters has reported that Appleβs recent proxy filing details changes to how cash bonuses for executives will be calculated.
Reuters says the company will modify the bonuses βwhether the executives act within the companyβs social and environmental values.β
Apple has not outlined exactly how this will be assessed, but has identified βApple Valuesβ and company initiatives that will factor in.
Itβs likely to include Appleβs charge, announced in July, to remove carbon from its supply chain by 2030.
Reuters adds that Apple announced the modifier in response to a shareholder proposal to cut executive pay to reduce the gap between the top brass and the average employeeβs wage.
CEO Tim Cookβs salary is reportedly 256 times higher than the average Apple worker, who makes $57,783.
Executives could have their cash awards modified up or down by 10%.