OPERATING AND FINANCIAL REVIEW

Motion Text

That this House agrees with concerns raised by trades unions, city investors, business leaders and charities over moves to abolish the Operating and Financial Review (OFR) without due consultation; further notes the importance of the OFR for greater corporate transparency in providing a forward-looking statement of a company's non-financial performance which can have significant impact on the success of a company and its employees; and believes that companies should report on their community, employment, environmental and social matters, as well as related policies and performance.