Severn Trent reduces gender pay gap for fifth consecutive year
Friday 26th November 2021
Severn Trent has announced it has reduced the pay gap between women and men for the fifth consecutive year.
In its 2021Gender Pay Gap report published recently, the Midlands water and waste company has revealed a median pay gap of 9.1%, down from 9.3% in 2020.
The report shows that women make up 29% of the entire Severn Trent workforce, with a high proportion in management and senior management roles.
The company has also been recognised externally for its efforts to tip the gender balance, with the 2021 Hampton-Alexander Review ranking them second place in the FTSE100 for the representation of women on its board and in leadership roles.
Liv Garfield, Severn Trent Chief Executive, said: “I’m proud to see that we’ve closed the pay gap between men and women for the fifth consecutive year.
“We’ve worked really hard to create a fairer and more equal environment at Severn Trent, but we know there’s more to be done to close the gap further.
“We’re aiming to make operational roles more accessible and inclusive to reflect the communities we serve and inspire the next generation of women looking to join our sector.”
Severn Trent was also ranked fifth in the UK for gender equality in Equileap’s 2021 Gender Equality Global Report. Equileap also ranked the company 31st out of 4,000 organisations across Europe.