Business: Environment Protection and Staff

Summary

To ask the Secretary of State for Business and Trade, if he will take steps with Cabinet colleagues to require regulators to help support businesses to meet their fiduciary responsibilities to (a) employees and (b) the environment.

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Timeline

1. 28 February 2025

   Written question

   To ask the Secretary of State for Business and Trade, if he will take steps with Cabinet colleagues to require regulators to help support businesses to meet their fiduciary responsibilities to (a) employees and (b) the environment.

   Source: Commons

2. 10 March 2025

   Answer

   Under Section 172 of the Companies Act 2006, directors have a fiduciary duty to have regard in their decision-making to the interests of their employees and the impact of the company’s operations on the environment. Large companies must report annually on...

   Source: Written answer

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Sponsors

• · Department for Business and Trade · Answering body

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