Companies: Directors
Commons · Question 59439 · Tabled 12 Jun 2025 · Department for Business and Trade · Official record
Answered 20 Jun 2025
Question
Asked by Martin Wrigley
To ask the Secretary of State for Business and Trade, if his Department will amend section 172 of the Companies Act 2006 to require company directors to balance the duty to promote the success of the company with duties to (a) employees and (b) the enviro
Answer
Answered by Justin Madders, 20 Jun 2025
Section 172 of the Companies Act 2006 requires company directors to have regard in their decision-making to the interests of their employees and to the impact of the company's operations on the community and the environment. All large companies must repor...