Commons Sense

Hansard-based summaries and metrics

Corporate Responsibility 2023-03-23

2023-03-23

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Response quality

Questions & Answers

Q1 Partial Answer
Dan Carden Lab
Liverpool Walton
▸ Context
The effectiveness of businesses' actions in corporate responsibility is being assessed.
What recent assessment has her Department made on the effectiveness of businesses' actions regarding corporate responsibility?
Kevin Hollinrake
The Government are rightly proud of the record of UK companies when it comes to corporate responsibility. The UK is home to 10 of the world's top 100 companies, ranked by social responsibility. These standards are reflected in the UK being considered by business leaders to be the world's third most important country for investment.
▸ Assessment & feedback
No specific assessment or data provided on effectiveness
Response accuracy
Q2 Partial Answer
Dan Carden Lab
Liverpool Walton
▸ Context
The Cerrejón coalmine in La Guajira, Colombia has caused widespread environmental damage and displacement of indigenous communities. The case highlights the need for stronger regulations to ensure businesses uphold human rights and do not commit environmental damage.
What more can be done to ensure that businesses registered in the UK uphold human rights and do not commit environmental damage? Will the Minister look again at this case?
Kevin Hollinrake
The hon. Gentleman raises an important case. The UK is a signatory to the OECD's declaration on international investment and multinational enterprises, a voluntary set of standards intended to promote responsible business conduct worldwide. My Department is the UK's national contact point on these guidelines, allowing anyone who thinks there are problems to make a complaint, which will then be investigated.
▸ Assessment & feedback
No specific measures or timeline for action mentioned
Response accuracy
Q3 Partial Answer
Andrew Bridgen
▸ Context
There is a need to update the House on recent discussions about the Economic Crime and Corporate Transparency Bill.
Will my hon. Friend update the House on any recent discussions that he or his Department have had with the Home Office on the Economic Crime and Corporate Transparency Bill?
Kevin Hollinrake
I regularly meet Home Office colleagues, including this week to make sure this legislation is fit for purpose and will do what it says on the tin: tackle economic crime.
▸ Assessment & feedback
No specific updates or details provided about discussions
Response accuracy