Blog Archive - April 2023

Better Business Act 101

Posted on 25 April 2023

There is a long, wordy but important legal document called the Companies Act, which sets the rules for all British businesses. Within it, there’s a troublesome section – 172 – that basically requires directors to prioritise profit over everything else, including people and planet. As we see it, this effectively puts future generations at risk. The Better Business Act wants to change this one section so that it’s no longer an option for business to pursue profit at the expense of workers, communities and the environment. In theory it’s quite a small change in company law, but it’s one that could make a big difference in the world.

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