SSE plc

Company characteristics

Assessed report publication year
Financial year end 31/03/24
Sector Utilities
Head office United Kingdom
Primary listing London Stock Exchange
GBP market cap 18,041,835,339
Net profit margin 18.02%
CEO tenure 10.7 years
Employee count 13,891
FRF draft assessment response Yes

Reward scrutiny

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

Remuneration policies

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

Reward outcomes

CEO total pay (GBP) 3,525,000 CEO total pay change -23.82%
CEO pay ratio (to median employee) 65:1 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 65.5%
Gender pay gap (mean data) 10.50% Gender pay (women % in top quartile) 27%
Ethnicity pay gap (disclosure) Yes Total dividend (GBP) 656,800,000