Companies: Sustainable Development

(asked on 1st March 2022) - View Source

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

To ask Her Majesty's Government what plans they have, if any, to introduce in the UK measures equivalent to the proposal published by the European Commission on 23 February for a Directive on corporate sustainability due diligence.


Answered by
Lord Callanan Portrait
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 15th March 2022

The UK already requires companies to undertake due diligence on sustainability matters under existing legislation on corporate transparency. UK listed companies are required to report on relevant environmental, social and governance aspects in their annual reports. Large businesses are also required to publish supply chain transparency statements on steps they have taken to ensure that no modern slavery or human trafficking is taking place in their business or through their supply chains. Both reporting requirements compel disclosure of a company’s due diligence arrangements where these are in place.

Reticulating Splines