The Better Business Act will transform the way we do business.
The world needs business at its best - helping to fix urgent problems like climate change and inequality. The Better Business Act would transform the way Britain does business so that every single company takes ownership of its social and environmental impact.
At a time when we face many urgent challenges, we want to change the law so that it is no longer an option for business to pursue profit at the expense of workers, communities and the environment.
By amending Section 172 of the Companies Act, we will update the job description for company directors, making it their responsibility to protect people and the planet at the same time as pursuing profit. We know that a majority of directors want this too.
The amendment would provide a firm legal basis for directors to advance the interests of society and the environment alongside those of shareholders. This would in turn provide a clear framework for business to engage with the many existing initiatives that seek to drive up standards.
A small change in the law will make a big change in the world. It will allow businesses to make decisions in all of our long term interests, helping to create a fairer, greener future for all.
The Better Business Act is a business-led campaign supported by over 2,000 UK businesses. Our mission is to change the law to make sure every company in the UK aligns the interests of their shareholders with those of wider society and the environment.
Corporate | Type | Tweets | Articles | |
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B Lab | Other 5 Dec 2023 | | ||
Patagonia Retail | Patagonia Retail | Other 30 Jun 2023 | | |
Impact Hub London Food, Startup accelerator & VC, Civic and Social Organizations | Impact Hub London Food, Startup accelerator & VC, Civic and Social Organizations | Other 15 Apr 2021 | | |
Impact Hub Startup accelerator & VC, Civic and Social Organizations | Impact Hub Startup accelerator & VC, Civic and Social Organizations | Other 16 Apr 2021 | | |
SUEZ Environment, Environmental Services | SUEZ Environment, Environmental Services | Other 30 Jun 2023 | | |
Microsoft IT services, Software Development | Microsoft IT services, Software Development | Other 7 Jul 2021 | | |
Bethnal Green Ventures Venture Capital and Private Equity Principals | Bethnal Green Ventures Venture Capital and Private Equity Principals | Other 17 Apr 2024 | | |
Financial Times Media, Newspaper Publishing | Financial Times Media, Newspaper Publishing | Other 26 Jan 2024 | | |
Virgin Media, Venture Capital and Private Equity Principals | Virgin Media, Venture Capital and Private Equity Principals | Other 15 Feb 2022 | |