Written Question·Department for Business and Trade·UIN 59439

Companies: Directors

Tabled: 12 June 2025
Answered: 20 June 2025

Question

Martin Wrigley

Liberal DemocratNewton Abbot

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

Justin Madders
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...

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