London, 28 November 2018 – Centrica plc became the first company to win the new Best Gender Pay Gap Report category introduced by ICSA: The Governance Institute at the ICSA Awards 2018 in London last night. The Awards, which were hosted by comedian Jo Caulfield at the Park Lane Hilton, saw Centrica applauded for the way in which the company had combined clarity of reporting, executive sponsorship and action planning.
Speaking about the importance of gender pay gap reporting, Peter Swabey, Policy and Research Director at ICSA said: “It is imperative that gender pay reporting is clearly understood and used as a means to identify and address the barriers which drive the gender pay gap. This was a very interesting category to judge as it was the first year of reporting and it was striking how differently companies had tackled the new reporting requirement. Overall, most companies have room for improvement, particularly around action plans, but we are definitely off to a good start.”
The Awards, which recognise those companies, individuals and teams that are leading the way in corporate reporting, investor engagement and good governance, saw over 700 governance professionals gathered together to celebrate the achievements of their peers.
SSE plc was crowned winner of the Best Annual Report for the FTSE 100; Hammerson plc was awarded Best Annual Report in the FTSE 250 and Biffa plc triumphed in the Best Annual Report in the Small Cap/AIM category. Legal and General Investment Management took home the award for Best Investor Engagement for the fourth year in a row. Miranda Craig of The Sage Group plc was crowned Company Secretary of the Year; Alison Chan of the Alexandra Rose Charity was named Governance Professional of the Year and Anna Machin took home the coveted The One to Watch award.
Other winners on the night were as follows:
“Good governance benefits companies, large and small, by establishing a framework of processes and attitudes that add value to the business, helps build reputation and ensures long-term continuity and success. The need for governance professionals who support and advise the boards of organisations in all industries and sectors continues to be as relevant as ever. I am delighted that our Awards are able to recognise those individuals and teams who are helping to ensure high standards in governance, as well as those companies that are excelling at corporate reporting,” says Simon Osborne, Chief Executive of ICSA.
- Ends -
For further information, please contact Maria Brookes, Media Relations Manager:
+44 (0)20 7612 7072
+44 (0)7890 649 143
Notes to Editors: