Inclusion & Diversity

Gender Pay gap reporting

Tullow continues to recognize that, there is a gender pay gap resulting principally from a gender imbalance across its UK organization. The reduction in our 2019 Gender pay gap shows our continued effort and focus on reducing the gender pay gap.  

The permanent workforce in the UK office at April 2019 (Gender Pay Gap Reporting date) was 30% female with 17% of women in senior management positions. In 2019 Tullow introduced global diversity targets. The target has been set to achieve 40% women in the workforce and 30% women in senior management positions by 2025 and 50% women by 2030. Tullow is very committed to improving the Group’s gender diversity especially at senior levels and our diversity target is reflective of this agenda.

Tullow's Gender Pay Gap reporting can be found below, on the government website, and you can read more about it Tullow's Gender Pay Gap Report.

 

Pay & Bonus gaps

  Women's hourly rate

 Women's bonus pay
   2018 2019  2018  2019
 Lower (mean) 39%  35%  48%  44%
 Lower (median) 46% 43%   48%   46%
   

Pay quartiles

  Men Women
  2018 2019 2018 2019 
 Top quartile 90% 89%  10%  11% 
 Upper middle quartile 88% 83%  12%  17% 
 Lower middle quartile 62% 62% 38%  38% 
 Lower quartile 51%  52% 49%  48%

Percentage received bonus

 Men
 Women
 2018  2019  2018  2019
 94%  95%  97%  96%

 

Response to the Davies Report

Tullow has shown improved ranking on Board and leadership gender diversity from 226th (2018) to 88th (2019) with 33.3% of our Board being female and 26% females in Exec. and Direct reports positions.

Download Gender Pay Gap Report

Download document / PDF 3MB

Tullow signatory of HM Treasury Women in Finance Charter

Tullow PLC is a signatory to the UK HM Treasury’s Women in Finance charter. We are committed to improving the diversity of our workforce because we know that diversity of thought adds real value to our business, and gender diversity is an important part of this. Signing the Women in Finance Charter indicates Tullow’s commitment to supporting the development and progression of women into senior roles within our organisation.

Download document / PDF 188KB