NEDonBoard is The Professional Body for Non-Executive Directors & Board Members in the UK. For Business Leaders, For your Board. Find your next Non-Executive role, event or set up proper governance in the boardroom. Professional Network for Board Members.
Stakeholder engagement is a core theme of the newly introduced 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
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