A joint project to ensure UK Plc boards factor the views of their employees and other stakeholders into their decision-making has been launched by governance leaders in UK business and investment.
Led by ICSA: the Governance Institute and the Investment Association, the project aims to tackle concerns that the voices of key groups such as employees, customers and suppliers are not being heard at the highest levels of British business.
The two bodies will identify existing best practice and produce practical guidance to enhance understanding of the interests of employees and other stakeholders, in accordance with board duties under section 172 of the Companies Act 2006.
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