GC100 and Investor Group

Guidance on directors' remuneration reporting

"The UK government has introduced a new framework that will give shareholders a binding vote on a company’s directors’ remuneration policy and require companies to communicate clearly how their policies are being implemented. In doing so, the government recognised that these proposals needed to be supplemented by best practice guidance to assist companies and their shareholders to implement them successfully. Representatives of the GC100 and the Corporate Governance Forum convened the GC100 and Investor Group to develop this guidance.

"We have endeavoured to establish guidance on remuneration reporting, which is seen by both investors and companies as “best practice”. However, it is not intended to be exhaustive or definitive, nor should it prohibit or preclude innovation in reporting."

David Jackson, Company Secretary, BP plc

Guy Jubb, Head of Governance & Stewardship, Standard Life Investments Limited

Founding co-chairs, GC100 and Investor Group

Directors' Remuneration Reporting Guidance

The document provides guidance on the Directors' Remuneration Reporting Regulations 2013. The aim of the guidance is to assist companies in seeking to satisfy the reporting requirements prescribed by the Regulations. The guidance was republished on 14 October 2013 and includes minor amendments to the version published on 12 September 2013.

2015 Statement

On 10 December 2015, the GC100 and Investor Group published a statement relating to their guidance. The Group has reviewed the guidance and 2014 Statement and believes that it continues to serve its purpose effectively and will not be making any changes. The Group is committed to undertake a full review of the guidance and publish a timely update during 2016.

2014 Statement

On 18 December 2014, the GC100 and Investor Group published a statement relating to their guidance. The statement addressed several issues that required supplementary guidance and clarified aspects of the original guidance to promote best practice in future reporting.


Grant Dawson

Grant Dawson, Centrica (General Counsel and Company Secretary)

Lawrence Dickinson

Lawrence Dickinson, Barclays (Company Secretary)

Ben Mathews

Ben Mathews, HSBC (Company Secretary)

Geof Stapledon

Geof Stapledon, BHP Billiton (Vice President Governance)

Susan Swabey

Susan Swabey, Smith & Nephew (Company Secretary)

Victoria Whyte

Victoria Whyte, GlaxoSmithKline (Company Secretary)

Corporate Governance Forum

Ian Burger

Ian Burger, Newton Investment Management Limited (Head of Corporate Governance)

Frank Curtiss

Frank Curtiss, RPMI RAILPEN Investments (Head of Corporate Governance)

Andrew Ninian

Andrew Ninian, Investment Management Association (Director, Corporate Governance and Engagement)

Daniel Summerfield, USS Investment Management Ltd (Co-Head of Responsible Investment)

Rebecca Vine

Rebecca Vine, Fidelity Worldwide Investments (Associate Director, Corporate Governance)

Freddie Woolfe

Freddie Woolfe, Newton Investment Management Limited (Responsible Investment Analyst)​

Legal support and secretariat

Lucy Ryland

Lucy Ryland, Thomson Reuters (Head of Practical Law Corporate and support to GC100)


Directors' Remuneration Reporting Regulations 2013

The Large and Medium-sized Companies and Groups (Accounts and Reports) (Amendment) Regulations 2013.


Lucy Ryland

Lucy Ryland, Secretary, GC100 and Investor Group

Practical Law provides legal and secretariat support to the GC100 and Investor Group. To submit feedback on the guidance, please contact Lucy Ryland at Practical Law.

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