Bunzl plc

Company characteristics

Assessed report publication year
Financial year end 31/12/23
Sector Industrials
Head office United Kingdom
Primary listing London Stock Exchange
GBP market cap 10,782,872,356
Net profit margin 5.43%
CEO tenure 7.7 years
Employee count 23,072
FRF draft assessment response Yes

Reward scrutiny

Living wage accredited No Living wage (calculation for operating regions) No
Living hours accredited No Tax reporting (GRI 207) No

Remuneration policies

Remuneration committee 100% independent No Remuneration committee discretion applied No
Director from workforce No Trade union relations (disclosure) No
Worker consultation on top pay (disclosure) No 80%+ shareholder support on pay Yes

Reward outcomes

CEO total pay (GBP) 6,284,700 CEO total pay change 39.2%
CEO pay ratio (to median employee) 213:1 Percentage point increase in maximum variable remuneration 50%
Pension award parity between CEO and wider workforce Pay of the next highest exec compared to CEO 53.93%
Gender pay gap (mean data) 8.2%: Bunzl UK Limited Gender pay (women % in top quartile)
Ethnicity pay gap (disclosure) No Total dividend (GBP) 230,868,396