BP plc
Company characteristics
| Assessed report publication year | |
|---|---|
| Financial year end | 31/12/22 |
| Sector | Energy |
| Head office | United Kingdom |
| Primary listing | London Stock Exchange |
| GBP market cap | 90,695,371,467 |
| Net profit margin | -0.55% |
| CEO tenure | 2.9 years |
| Employee count | 66,300 |
| 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 | |
|---|---|---|---|
| Director from workforce | |
Trade union relations (disclosure) | |
| Worker consultation on top pay (disclosure) | |
80%+ shareholder support on pay | |
Reward outcomes
| CEO total pay (GBP) | 10,026,000 | CEO total pay change | 124.95% |
|---|---|---|---|
| CEO pay ratio (to median employee) | 172:1 | Percentage point increase in maximum variable remuneration | — |
| Pension award parity between CEO and wider workforce | |
Pay of the next highest exec compared to CEO | 52.68% |
| Gender pay gap (mean data) | 12.5%: BP Oil 14.9%: BP Exploration 14.9%: BP Plc 3.8%: BP Express Shopping 27.1%: BP Pulse | Gender pay (women % in top quartile) | 31% (BP PLC) |
| Ethnicity pay gap (disclosure) | |
Total dividend (USD) | 4,379,121,642 |