Modernising Company Law: meeting the stakeholders challenge

UK Company Law must reflect the interests of affected stakeholders, not just shareholders. The Corporate Responsibility Coalition (CORE) has set out proposals aimed at providing a balanced approach to business that will benefit us all.

These include:

  • Company Law should include a requirement for directors to consider, act and mitigate any negative impacts on affected stakeholders, such as employees, local communities and the environment.
  • Affected communities must have access to justice in the UK, when the behaviour of UK companies abroad causes harm.
  • Companies must be required to report on their social and environmental impacts and performance.
Corporate Justice Coalition Default File

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