Energy supplier Centrica has reported a 2% mean ethnicity pay gap for 2023, down from 3% in 2022.
The organisation’s median ethnicity pay gap for 2023 was 11%, down from 12% the previous year. Meanwhile, its mean ethnicity bonus pay gap was 4%, up from 0 the year before, and its median gap was 25%, up from 23% in 2022. A total of 97% of ethnically diverse women and non-ethnically diverse women received a bonus that year.
Centrica’s mean gender pay gap for 2023 was 15%, unchanged from 2022, while its median was 14%, down from 23% the previous year. Its lower pay quartile was made up of 43% of women and 57% of men, whereas its upper pay quartile comprised 24% women and 76% men.
Its mean gender bonus pay gap was 36%, up from 30% in 2022, while its median gap was 14%, up from 12% the previous year. A total of 98% of both women and men received a bonus that year.
Chris O’Shea, group chief executive at Centrica, said: “I’m pleased to say that since we launched our People and Planet Plan together with our associated Diversity, Equity and Inclusion Positive Action Plans in 2021–22, we’re making positive progress. We’ve not only grown the representation of women and ethnic diversity in our team, but we’re gradually closing our gender and ethnicity pay gaps.
“Despite advances like these, I know we can sometimes all feel frustrated that further progress isn’t being made more quickly, particularly when it comes to reducing our pay gaps. But the factors that contribute to inequality in our business, sector and society, are often deep rooted so it will take time and action from us all to make change happen. We, therefore, need to be unwavering in our commitment to keep listening, learning and improving, which is something I will always prioritise.”