Building cross-party consensus among parliamentarians and key stakeholders to deliver insight and direction on Environmental, Social, and Governance.
Welcome to the All-Party Parliamentary Group (APPG) on Environmental, Social, and Governance (ESG).
The APPG on ESG plays an important role in helping the Government meet landmark policy objectives such as net zero, combatting modern slavery and improving corporate governance.
Chaired by Alexander Stafford, Conservative MP for Rother Valley, the APPG delivers cross-party policy recommendations and guidance to help businesses account for their environmental and social risks and impacts, ensuring investors are better informed for the benefit of society, the environment, and the UK economy.
UK Green Taxonomy
ESG’s role in the transition to net zero
A week in advance of the Autumn Budget Statement the APPG assembled a series of recommendations to put to the Chancellor on how to take a “smart” approach to delivering more green projects.
The APPG returned to the topic of modern slavery. This roundtable found strong consensus in favour of the Modern Slavery Act including investment portfolios, and called for a “proactive” regulatory environment, nurturing a cultural shift across international supply chains.
Transparency, coordination and ambition: Delivering gender equality through ESG
The APPG’s inaugural report on the ‘S’ pillar of ESG addresses gender equality in both entrepreneurship and the corporate world, drawing attention to the importance of raising awareness, encouraging disclosures of disaggregated data, and ensuring the materiality of gender equality and broader diversity meet with appropriate corporate governance provisions. Other key themes include: ESG frameworks for tracking progress and meeting investor expectations, internal talent pipelines to ensure more women rise up the corporate ladder and into the boardroom, and fairer treatment for female entrepreneurs with the aid of ESG practices and principles.
Voluntary Carbon Markets
Voluntary Carbon Markets (VCMs) are recognised as a “powerful climate finance tool” with notable secondary benefits – e.g. raising biodiversity and supporting local communities economically, particularly in the global south. However, the market suffers from a lack of trust, stymying growth, and potential buyers of carbon credits are often wary of greenwashing accusations.
The International Sustainability Standards Board’s (ISSB) Sustainability Disclosure Standards
With Sue Lloyd, Vice-Chair of the International Sustainability Standards Board; Lee White, Executive Director of the IFRS Foundation; and Richard Barker, ISSB Board Member.
Alexander Stafford MP
Alexander Stafford is the Conservative MP for Rother Valley. He was elected to Parliament in December 2019, founding the APPG on Environmental, Social, and Governance in March 2021. As Chairman of the APPG on ESG, Alexander hopes to help Britain become a world leader by engaging cross-party politicians with British business leaders, NGOs, regulators, and other key stakeholders, collectively helping to sustain ESG’s progress.