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Version date: 1 January 2024 - onwards
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Disclosure Requirement S1-16 - Remuneration metrics (pay gap and total remuneration) (paras. AR 98-AR 102)

Pay gap

AR 98. When compiling the information required under paragraph 97(a) for the gap in pay between its female and male employees (also known as the "gender pay gap") the undertaking shall use the following methodology:

(a) include all employees' gross hourly pay level; and

(b) apply the following formula to calculate the gender pay gap:

AR 99. When disclosing the information required under paragraph 97(a), the undertaking shall provide any contextual information necessary to understand the data and how the data has been compiled (methodology). Information regarding how objective factors such as type of work and country of employment influence the gender pay gap may be reported.

AR 100. The measure of the undertaking's gender pay gap shall be reported for the current reporting period and, if reported in previous sustainability reports, for the previous two reporting periods.

Total remuneration Ratio

AR 101. When compiling the information required by paragraph 97(b), the undertakin

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