Companies: Accountability

(asked on 20th June 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government what steps they will take to (1) introduce, and (2) implement, legislation regarding (a) corporate accountability, (b) human rights, and (c) environmental, due diligence, for businesses throughout the UK.


Answered by
Lord Callanan Portrait
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 27th June 2022

The Government keeps under review policy approaches involving corporate due diligence, but it currently has no plans to propose cross cutting legislation to regulate corporate accountability and due diligence for human rights and environmental protection. The Government supports voluntary due diligence approaches by UK businesses to these issues, taking account of international frameworks such as the UN Guiding Principles on Business and Human Rights and the OECD Guidelines on Multinational Enterprises.

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