HSBC Holdings plc

Company characteristics

Assessed report publication year
Financial year end 31/12/23
Sector Financials
Head office United Kingdom
Primary listing London Stock Exchange
GBP market cap 155,810,000,000
Net profit margin 37.18%
CEO tenure 4.4 years
Employee count 221,000
FRF draft assessment response Yes

Reward scrutiny

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

Remuneration policies

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

Reward outcomes

CEO total pay (GBP) 10,641,000 CEO total pay change 91.32%
CEO pay ratio (to median employee) 169:1 Percentage point increase in maximum variable remuneration
Pension award parity between CEO and wider workforce Yes Pay of the next highest exec compared to CEO 30.93%
Gender pay gap (mean data) 43.20% Gender pay (women % in top quartile) 34.10%
Ethnicity pay gap (disclosure) Yes Total dividend (USD) 11,816,000,000