Alphabet to Introduce Executive Bonuses Partly Tied to ESG Goals

Alphabet Inc. said it will create a bonus program for senior executives that’s partly based on their performance in supporting environmental, social and governance goals.

The program will begin in 2022, the company’s Chairman John Hennessey wrote in an annual proxy filing. ESG goals “have long been a key part of Alphabet and Google’s work,” he added in a letter to shareholders. The Google parent company will hold its annual meeting on June 2.

Hennessey also addressed diversity and workplace harassment in the letter, saying the Alphabet board agreed on a series of “principles and improvements” that incorporated input ...