Companies: Directors
Commons · Question 49077 · Tabled 29 Apr 2025 · Department for Business and Trade · Official record
Answered 6 May 2025
Question
Asked by Simon Opher
To ask the Secretary of State for Business and Trade, what steps his Department is taking to ensure that company directors align the interests of (a) workers, (b) the environment and (c) wider society with shareholder returns.
Answer
Answered by Justin Madders, 6 May 2025
Section 172(1) of the Companies Act 2006 requires company directors to have regard to the interests of the company’s employees and the impact of the company’s operations on the community and the environment. Since 2019, directors of large companies have b...