Corporate Governance

Debate between Baroness O'Neill of Bengarve and Lord Henley

Monday 29th April 2019 Lords Chamber

[Lord Henley]

My Lords, I agree with the noble Lord that public trust in companies and their governance is very important. I assure him that, according to the most recent survey, levels of public confidence are increasing rather than decreasing, as he put it. I am also aware of the work being done by the British Standards Institution in developing two new specifications on sustainable investment management and sustainable finance. It is premature to say whether the Government should expect suppliers to comply but we will obviously consider it carefully in due course.

[Baroness O’Neill of Bengarve (CB)]

Does the Minister consider standards of trust an adequate metric for the trustworthiness of companies?