Gateley signs up to the Better Business Act
We are pleased to announce that we are one of the first businesses in the legal sector to sign-up to the Better Business Act.
Through the Act we join a coalition of like-minded businesses to transform the way we do business, so that every single company in the UK, whether big or small, takes ownership of its social and environmental impact. Together, we’re taking a straightforward ask to government: change Section 172 of the Companies Act to ensure that company directors are responsible for advancing the interests of shareholders alongside those of wider society and the environment.
Aligning people, planet and profit
For many directors, this change in law will not materially affect their behaviours or the actions of their companies, but by becoming law it will no longer be a choice to align the long-term interests of people, planet and profit.
The COVID crisis, the climate emergency and social inequality are profound and pressing problems that can only be solved if we harness the enormous potential of entrepreneurs, innovation and enterprise. We know that UK voters and consumers want business to do better, research shows that three-quarters of the public think business has a responsibility to protect the environment and the majority favour brands that do good in the world. In short, the world needs every business at its best - creating good jobs, helping to fix pressing problems and adding value to society.
This is why we have joined this campaign - the Better Business Act is business-led, driven by leaders who recognise that the law has fallen behind business culture and who have proven that this approach to business works for everyone.