Framing the topic What we mean by executive compensation: Pay-for-performance	 compensation	programs	and	incentive	plans	 for	executives	that	are	fairly	and	transparently	 linked	to	the	achievement	of	specific	bank,	 business	unit	and	individual	performance	 goals,	which	for	all	executives	include	 environmental,	social	and/or	governance	 considerations.