A question on #Companies #ConditionsOfEmploymentAndEnvironment tabled by Steve Race on 29-01-2025 has been answered by Justin Madders.

Heading: Companies: Conditions of Employment and Environment
Question ID: 1760009
UIN: 27451
House: Commons
Date tabled: 2025-01-29
Asking Member ID: 5064
Asking Member display name: Steve Race
Asking Member handle: steve_race
Asking Member Twitter reference: @steve_race
Member interest: false
Question text: To ask the Secretary of State for Business and Trade, what support his Department is offering to businesses to alter articles of association to align the interests of (a) people, (b) the planet and (c) profit.
Is named day: false
Date of holding answer:
Date answered: 2025-02-06
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 4418
Answering Member display name: Justin Madders
Answering Member handle: justinmadders
Answering Member Twitter reference: @justinmadders
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: Under section 21 of the Companies Act 2006, a company may alter its articles of association by special resolution (requiring 75% approval of its shareholders), and under section 172(2) of the Act, a company may set out a distinctive purpose that its direc...
Original answer text:
Comparable answer text:
Answering body ID: 214
Answering body name: Department for Business and Trade
Tweeted: true