Tag: Better Business Act
Minister pours cold water on bid to reform directors’ duties
MP responds in Commons debate about changing section 172 of the Companies Act to include environment and employees.
Directors’ duties up for parliamentary debate
MP’s private member’s bill seeks to add duties to section 172 of the Companies Act in respect of the environment and employees.
Institute of Directors launches non-executive director commission
Its aim is to help foster ‘a culture of responsible risk taking and effective governance’ and enhance trust in UK business.
We need UK business to be a force for good
Amending section 172 of the Companies Act would empower leaders to align the interests of profits and planet.
What will the new UK government do for governance?
Sir Keir Starmer has committed the Labour administration to ‘service’: by rights, that should include improving business ethics.
Many boards fail to understand directors’ duties on sustainability
Directors and senior executives feel they are ill-prepared for incoming ESG regulations, Sustainability Board survey reveals.
News round-up: this week in governance
Business responsibility; the rise of greenhushing; getting to the bottom of dual-class share structures; CEOs; Sir Win Bischoff (1941-2023).
Fresh detail for reforming Section 172
Push continues to reform company directors’ duties so that they embrace a wider circle of stakeholders.
Company law ‘should place purpose at the centre of business’
Report from the British Academy calls for new regulatory powers that would enable watchdogs to hold directors to account.
Directors’ duties: more enforcement needed to drive action on climate
Directors have a “fiduciary duty” to consider climate change risks, say experts—but legal action is unlikely unless enforcement is beefed up.