About The Better Business Act - A Campaign for Better Business
Change the UK law to ensure every company in the UK aligns their interests with those of wider society and the environment. Our objective is to see these four principles reflected in an amended Section 172 of the Companies Act. Together, we will ask the government to make this small change in the law, which will make a big change in the world, helping to create a fairer, greener future for everybody. 2,500 companies have chosen to be part of the coalition for a cleaner, greener, fairer future for all. The climate emergency and social inequality are profound and pressing problems, thrown into sharp relief by the COVID crisis, that can only be solved if we harness the enormous potential of entrepreneurs, innovation and enterprise. The failure to align the interests of shareholders with those of wider society and the environment has contributed to a set of enormous challenges that threaten peoples’ health, wealth and the natural world. Our research shows that UK voters and consumers want
What is the Better Business Act? The Better Business Act is the flagship policy campaign from B Lab UK. Our mission is simple but transformative: to amend UK law so that every company aligns the interests of shareholders with those of wider society and the environment. The law hasn’t caught up with modern business. Current UK company law prioritises shareholder returns. Directors can consider employees, communities and the environment, but they don’t have to, yet expectations of business have fundamentally changed: * 77% of the UK public believe businesses should have a legal responsibility to
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