The global pandemic will likely lead sustainability investors to focus more intently on executive compensation as a risk factor, according to Bloomberg. Managers behind ESG (environmental, social, governance)-related funds have observed that the pandemic has magnified social and economic inequality, and so they are thinking more heavily about how executive compensation levels can act as a stand-in for how companies value their workers and the environment, rather than just their shareholders. Further, fund managers are increasingly viewing large compensation packages as a potential risk, as populist backlash might lead to negative reputational effects, as well as government interventions, that can impact the bottom line.