Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the Government's paper, Corporate Governance Reform, published on 29 August 2017, what representations he has received on the proposal for the Investment Association to maintain a public register of listed companies that experience shareholder opposition to pay awards.

The register will bring together publicly available data on quoted companies’ shareholder voting records and any actions taken by companies to address significant shareholder dissent on individual resolutions. As the representative body for a large proportion of the UK’s investment community which votes on such resolutions, the Investment Association is well placed to establish and maintain the register.

In its response to the Government’s green paper consultation on Corporate Governance Reform the Investment Association set out its intention to maintain a public register of quoted companies that experience significant shareholder dissent on executive remuneration resolutions.