Shell 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 | 162,901,488,921 |
| Net profit margin | 11.24% |
| CEO tenure | 9 years |
| Employee count | 93,000 |
| 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) | 9,698,000 | CEO total pay change | 56.47% |
|---|---|---|---|
| CEO pay ratio (to median employee) | 80:1 | Percentage point increase in maximum variable remuneration | — |
| Pension award parity between CEO and wider workforce | Pay of the next highest exec compared to CEO | — | |
| Gender pay gap (mean data) | Shell Energy Retail Limited 11.7% Shell Information Tech Limited 12.0% Shell UK Limited (Upstream) 12.4% Shell International Trading and Shipping Company Limited 16.2% Shell International Petroleum Company Limited 18.4% Shell International Limited 20.7 | Gender pay (women % in top quartile) | Shell UK Ltd: 16.1% |
| Ethnicity pay gap (disclosure) | Total dividend (USD) | 7,266,134,770 |