Ocado Group plc

Company characteristics

Assessed report publication year
Financial year end 12/03/23
Sector Consumer Staples
Head office United Kingdom
Primary listing London Stock Exchange
GBP market cap 5,553,593,600
Net profit margin -13.7%
CEO tenure 13.7 years
Employee count 21,252
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 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) 1,957,000 CEO total pay change -2.35%
CEO pay ratio (to median employee) 72:1 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 76.49%
Gender pay gap (mean data) OCADO CENTRAL SERVICES LIMITED: -4.1% Gender pay (women % in top quartile) 23.00%
Ethnicity pay gap (disclosure) No Total dividend (GBP)