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Keeping you up to date on news, events and what’s happening at ESG…
Keeping you up to date on news, events and what’s happening at ESG…
Gender Pay gap shows the difference between the average hourly earnings of men and women across the workforce and is about addressing the representation of women in the workforce. Equal pay is about whether women and men performing the same work, at the same level, in the same organisation receive the same pay.
The Equality Act 2010 (Gender Pay Gap Information) Regulations 2017 brought into effect a requirement for large employers to report publicly every year on the differences in aggregate pay and bonuses of men and women. Employers with over 250 employees must calculate a standard set of key metrics on their gender pay and gender bonus pay.
The regulation applies to all private sector employers with 250 employees or more and every year must report on the following:
As an employer of currently to date 377 employees ESG Global (Energy) has undertaken as required by the Equality Act, looking at the data of all full pay relevant employees for the relevant period, including all relevant employees in the UK.
Our workforce to date is made up of 266 males and 111 females, making males 70.6% of our workforce.
We can confirm the data below is accurate containing information relating for the relevant period, however we have excluded data of those not receiving full pay due to Maternity/Paternity Leave or Sickness etc. as we are required to do.
ESG Global (Energy)’s mean gender pay gap is 12%
We have a gender pay gap because we employ more men than women. It is not unusual for companies like ours to employ more men than women, due for example to a smaller pool of female talent found for areas such as Java Developers, IT technicians. Other factors also influence this including local and geographical conditions together with historic recruitment and market force factors.
ESG Global (Energy)’s median gender pay gap is 12.6%
ESG Global (Energy)’s mean bonus gender pay gap is 5.3%
ESG Global (Energy)’s median bonus gender pay gap 0%
Proportion of Males Receiving Bonus is 25.8%
Proportion of Females Receiving Bonus is 24.8%
The chart above shows the gender distribution in the four quartiles based on pay bands. We have more males across our workforce and that is reflected in the bands above.
ESG Energy (Global) ensures everyone has equal opportunity to progress within the Company by supporting with learning and development such as: ASPIRE Management Development Programme, access to learning platforms, funding professional qualifications and Career Pathways. We have launched the Pay Transparency Framework in June 2024 and continue to use and maintain this. This forms part of our People & Culture strategy to demonstrate our commitment to be open, transparent and equitable.
Over the next 12 months we are making efforts in the following areas:
As a Company we are absolutely committed to building a fair and equitable working environment, and we continually strive to improve through responding to feedback from our People, our data and wider industry interactions.
As a Company we are absolutely committed to building a fair and equitable working environment, and we continually strive to improve through responding to feedback from our People, our data and wider industry interactions.
Signed
M Bridge
Mathew Bridge CFO