Section 172 of the Companies Act 2006 recognises that whilst companies are run for the benefit of the shareholders, a business’s long-term success and reputation are dependent upon maintaining relationships with stakeholders and an appreciation of the external impact of its activities.
The Directors are fully aware of their responsibilities to promote the success of the Company in accordance with section 172 of the Companies Act 2006 and are keen to ensure proper reflection on stakeholder engagement and issues at Board level and promote continuous reflection on opportunities for development.
The Board regularly reviews the business’s principal stakeholders and how they engage with them. The links below for each member of the IPL Group set out a more detailed summary of relationships with stakeholders and how the business engages with those stakeholders.
