BP plc
Company characteristics
| Assessed report publication year | |
|---|---|
| Financial year end | 31/12/23 |
| Sector | Energy |
| Head office | United Kingdom |
| Primary listing | London Stock Exchange |
| GBP market cap | 83,444,579,200 |
| Net profit margin | 7.45% |
| CEO tenure | 0.3 years |
| Employee count | 79,400 |
| FRF draft assessment response |  |
Reward scrutiny
| Living wage accredited |  |
Living wage (calculation for operating regions) | |
|---|---|---|---|
| Living hours accredited | |
Tax reporting (GRI 207) | |
Remuneration policies
| Remuneration committee 100% independent | |
Remuneration committee discretion applied | |
|---|---|---|---|
| Remuneration committee discretion (direction) |  |
||
| Director from workforce | |
Trade union relations (disclosure) | |
| Worker consultation on top pay (disclosure) | |
80%+ shareholder support on pay | |
Reward outcomes
| CEO total pay (GBP) | 9,209,000 | CEO total pay change | -8.15% |
|---|---|---|---|
| CEO pay ratio (to median employee) | 103:1 | Percentage point increase in maximum variable remuneration | 225% |
| Pension award parity between CEO and wider workforce | |
Pay of the next highest exec compared to CEO | — |
| Gender pay gap (mean data) | 4.6%: BP express shopping 12.9%: BP plc 14.2%: BP exploration 13.3%: BP Oil 18.2%: BP Pulse 11.7%: BP Lubricants | Gender pay (women % in top quartile) | 32% (BP PLC) |
| Ethnicity pay gap (disclosure) | |
Total dividend (USD) | 4,969,262,080 |