Social Licensing: Take Back Control of the Everyday Economy
Grimond Room, Portcullis House, 1 Parliament St, London SW1A 2JR
How do we take back control of the local economy, and exert influence over the goods and services we rely on everyday?
A year has passed since the devastating collapse of Carillion and we’re still looking for ways to make companies more accountable to the communities in which they operate.
After years of high profile collapses, regulatory failure and repeated mis-selling, public trust in corporate responsibility is at an all time low. Parliamentary select committees have been important in exposing corporate mismanagement as a public interest issue but now we need stronger remedies.
Social licensing has been used around the world to commit mining and oil companies to social and environmental obligations. Could this idea be adapted in the UK, ensuring that businesses benefit the local economy?
- Rachel Reeves MP, Chair of the Business, Energy and Industrial Strategy Select Committee
- Debbie Green, CEO of Coastal Housing and Welsh Ministerial Advisor
- Karel Williams, Professor, University of Manchester
- Steve Francis, incoming CEO of Patisserie Valerie
- Norman Pickavance, CEO of Tomorrow’s Company
- Chair: Miatta Fahnbulleh, CEO of New Economics Foundation
Image: Benjamin Sow on Unsplash
Topics Local economies
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