How effective engagement with your stakeholders can be a differentiator?

November 29, 2019ESG, Governance, Non-Execs' Responsibilities, Non-Executive Director, Non-Executive Director Job, SustainabilityBy Rachel / Suzanne

Stakeholder engagement is a core theme of the UK Corporate Governance Code and of the Wates Corporate Governance Principles for Large Private Companies. While stakeholder engagement has been embedded into section 172 of the Company Act 2006, it is The Companies (Miscellaneous Reporting) Regulations 2018 and the governance codes that have brought focus on stakeholder engagement. As a reminder, section 172 of the Company Act 2006 states that officers have a “Duty to promote the success of the company: (1) A director of a company must act in the way he considers, in good faith, would be most likely to

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