(4 years, 2 months ago)
Grand CommitteeI plan to speak mainly on Amendment 12, but I also support Amendment 40 and, particularly, Amendment 69 in this group. Leaving the European Union should not mean leaving our international obligations. Recognition of those conventions mentioned under Amendment 12 is, one would imagine, already accounted for in the existing trade agreements due to be transposed into UK law as a result of this Bill. However, without this amendment, these remain an expectation not an assurance.
I am pleased by recent statements from the Prime Minister and the seriousness of this Government in attempting to deal with the climate crisis. Furthermore, I have no reason to doubt the sincerity of the Government or their existing trading partners in intending to abide by our international environmental obligations. Only by omission of any explicit reference to our environmental obligations have doubts been raised.
(6 years ago)
Lords ChamberTo ask Her Majesty’s Government what steps they are taking to encourage oil and gas companies to link executive pay to carbon emission reduction targets.
My Lords, the Government welcome the announcement by Shell that executive pay will be linked to carbon reduction targets. While executive pay is a matter for the company’s shareholders, the Government have given shareholders new powers to hold companies to account on pay, including a binding vote on the directors’ remuneration policy.
My Lords, I thank the Minister for his Answer and I agree that the announcement this week by Royal Dutch Shell is to be welcomed, though it has come after years of investor pressure, not least from the Church Commissioners and the Church of England Pensions Board. Her Majesty’s Government have stated their support for the Task Force on Climate-Related Financial Disclosures. Can the Minister tell us what practical things Her Majesty’s Government are doing to encourage that, and in particular what assessment they have made of whether it should become compulsory?
My Lords, we believe that it is important that executive pay should be a matter for the companies involved. That is why we leave it to them and why we have given powers to shareholders in the Enterprise and Regulatory Reform Act 2013 to insist, as I said in my original Answer, that they have a binding vote on directors’ remuneration policy. In striving to meet carbon reduction targets, the Government will continue to encourage others to do the same, but that must be a matter for the companies.
(6 years, 10 months ago)
Lords ChamberMy Lords, I am aware of my noble friend’s concern on this matter and of his Private Member’s Bill. A letter is on its way to him and to others who have been involved in that Bill offering a meeting on the subject. I hope that he will receive it in due course.
My Lords, a number of things are to be welcomed in the Government’s response to the Taylor report but perhaps I may pick up on one small thing. One recommendation is that the Government should develop a free online tool to provide individuals with an indication of their employment status and rights. However, do the Government not realise that a large proportion of the workers who are most vulnerable to exploitation are the very ones who will have least access to that sort of digital connectivity? Will the Minister make a commitment that the question of how more vulnerable people can access this information will be looked at closely when implementing this recommendation?
The right reverend Prelate makes a very good point—some people do have problems with access to computers and such matters. I know that considerable work has been done on these matters in the Department for Work and Pensions, particularly in relation to universal credit and other benefits. I think that the department finds that most people can manage but I will certainly have a further look at what the right reverend Prelate has said and, if there is anything further that I can add, I will write to him.
(7 years, 6 months ago)
Lords ChamberMy Lords, I will confine myself to a few comments on agriculture and the environment. In doing so, I need to declare my interest as president of the Rural Coalition.
As regards agriculture and food, Brexit poses one of the greatest challenges to future food production. The UK produces some of the highest-standard food in the world and, indeed, some of the finest food. In our negotiations, it will be crucial that we do not sacrifice food quality, animal welfare or environmental protection as part of those multi-sector trade agreements which will form the foundation of future international economic partnerships.
The noble Baroness, Lady Royall, has already referred to agricultural workers. As reported only last week, soft-fruit and salad growers are already finding it hard to recruit the skilled workers they need to pick and pack the crops. A survey of the members of the British Leafy Salad Association and of British Summer Fruits revealed that almost a third of their respondents are already not sure whether they have enough seasonal workers for the start of the picking season this year. Researchers from Queen’s University, Belfast, in evidence to the Lords EU Committee suggested that 98% of the seasonal horticultural workforce are migrants from elsewhere in the EU. Many successful businesses will face a very uncertain future if the Government cannot produce some sort of seasonal agricultural worker scheme as part of the immigration plans. Defra and the Home Office will need to work in partnership to achieve a coherent approach and secure the economic future of rural businesses and the communities in which they are based. It is also critical that young people living in rural areas are given the skills, training and support they need to remain in, and contribute to, their local economy.
A new fishing Bill will be essential as the UK exits the EU, as we seek to regulate the access of foreign vessels to UK waters and determine our fishing quotas. However, I note with concern that there is no direct mention of the marine protected areas created by the EU birds and habitats directives in the documentation supporting the gracious Speech. These areas need to be maintained by UK law to ensure the long-term health of wildlife in the waters around Britain.
Finally, on climate change, the commitment in the gracious Speech to continued participation in the Paris Agreement is most welcome. This emphasises that the delivery of dramatic emissions reduction remains the core environmental policy adopted by the Government and will help provide stability and direction following the decision of the US to leave the agreement. Allied to issues of climate change are a number of other very pressing environmental issues, some of which have already been referred to, with around 40,000 deaths, for example, attributed to exposure to outdoor air pollution in the UK each year. I hope that the long-awaited clean air Bill will not remain absent from this extended parliamentary Session despite its exclusion from the gracious Speech.
(7 years, 10 months ago)
Lords ChamberMy noble friend raises the profound point that culturally in this country we have tended to encourage people more in the humanities than we have in engineering and STEM subjects. Perhaps the country is being run by too many people who have done PPE at Oxford and too few who did engineering at Cambridge—but there we are. On the honours given to people with a background in engineering, I will look into that and write to my noble friend.
My Lords, one factor that influences productivity is issues of health, particularly mental health. Something like nearly three out of 10 employees are reporting some sort of mental health problem each year, which analysts believe is costing employers something like £30 billion a year. Will the Minister tell the House what the Government are doing to support employers in encouraging high levels of well-being and what is being done to lessen the stigma of mental ill health—in particular, encouraging employees to access mental health services that are already available to them?
The right reverend Prelate makes an important point. Not only is mental ill health a disaster for people individually, it also affects the productivity of the whole workforce. It is hard to answer the question because companies vary so much. There are some great employers who do an excellent job of looking after the well-being of their employees, and there are some who, as we know, do a rotten job. I would like to take away the question the right reverend Prelate asked and write to him in more detail.
(8 years, 2 months ago)
Lords ChamberThe noble and learned Lord makes some interesting comments. It will be difficult for me to say yes today. However, I can say that we are continuing the winter fuel payments, which are very important to the 12 million pensioners who benefited from them last winter. We are also taking steps to make sure that this market works well so that affordable fuel is available. We are seeking an energy policy which is secure, clean and affordable for people.
My Lords, there is a particular problem with fuel poverty in rural areas, particularly remote rural areas. What steps are Her Majesty’s Government taking to promote the use of renewable forms of heating, especially in off-grid areas in the countryside?
The right reverend Prelate is entirely right to say that there are special problems in rural areas. There has been a succession of schemes promoting renewables, some of which are particularly important in rural areas. I would like to talk to him further about the issues that he has encountered in this area so that we can make sure that, going forward, we focus on those as well.
(8 years, 3 months ago)
Lords Chamber
To ask Her Majesty’s Government how they intend to address the gap between the remuneration of senior executives and their employees.
We intend to publish a consultation document later this year which will set out a range of options for improving corporate governance, including measures to strengthen the way executive pay is set and reported. This follows on, and is in line with, the Prime Minister’s statements on this important subject.
I thank the Minister for her reply. I wonder whether she has read the report published last week by the High Pay Centre written by Chris Philp, the Conservative Member for Croydon South, which makes a number of recommendations, including requiring firms to create a shareholder committee with the power to ratify pay packages comprised of shareholders with longer-term holdings in the company. Will these proposals be part of the consultation that will be published?
I have not yet read the report, although I know that it was discussed in the House and I think it makes a very useful contribution. As I see it, that idea is in the mix of what we will consult on. The underlying objective is to make shareholders exercise much better oversight over company decision-making. The changes that we will be looking at, and indeed prior reforms, have been directed at this objective—some with more success than others.