Beyondly join Better Business Act

Beyondly is proud to support the Better Business Act, a campaign to change UK law to ensure that company directors are responsible for advancing the interests of shareholders alongside those of wider society and the environment

The Better Business Act Parliamentary Reception took place on 14 April 2021. Politicians across Westminster are backing the campaign to change the law and we have joined this coalition by supporting the change in law where it will no longer be a choice to align the long-term interests of people, planet and profit. This was a natural move for Beyondly, aligning with our work towards becoming B CORP certified.

The Better Business Act is about transforming 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.

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.

Hundreds of businesses have already signed up to create a cleaner, greener, fairer future for all. Together, we will ask for the government’s leadership to help deliver this new contract between business and society. Join us, act now: www.betterbusinessact.org