Letter from the Head of Sustainable Development
Policy, Department of Trade and Industry to the Committee
You ask about ACBE work in this area. I understand
that Paula Higgins, from the Sustainable Development Unit in DETR
sent you a copy of the letter which Chris Fay sent to the Company
Law Review setting out some ACBE comments.
You also ask about the work of the Working Group
in Internalising Sustainable Development in Companies chaired
by Gerry Acher. I enclose a copy of the "Exposure Draft"
of a briefing paper
prepared by the group. The objective of the paper is both to provide
a practical and accessible tool to promote awareness at the highest
level in companies of sustainable development as a mainstream
business issue, and action on the need for integration throughout
The draft was sent for comment to a wide range
of senior business leaders at the beginning of the summer. It
attracted a high level of very thoughtful and constructive feedback
that the group is seeking to reflect in a final version that ACBE
aims to circulate in a few weeks time to Chairmen and Chief Executives,
and other key opinion-formers in the business community.
The Working Group is now considering how best
to take its work forward, taking into account views from those
who commented on the "Exposure Draft". This will be
in addition to its decision to establish a group to look at what
guidance of other practical steps it might develop to assist in
the integration in corporate management systems of the requirements
of the Pension Fund Act 1995.
I am sorry about the delay in replying to your
letter, but I hope this is helpful.
I am copying this letter to Terence Ilott in
DETR and to Trevor Raggatt in the Company Law Review team.
249 Not reproduced here. Contact ACBE Secretariat,
DETR, Zone 6D9, Ashdown House, 123 Victoria Street, London SW1E
6DE for details. Back