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Written question asked by Caroline Lucas (Green Party) on Wednesday, 24 November 2021, in the House of Commons. It was due for an answer on Friday, 26 November 2021. It was answered by James Cleverly (Conservative) on Thursday, 2 December 2021 on behalf of the Foreign, Commonwealth and Development Office.


CDC

Question

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, for what reason the CDC Group are not consulting with (a) civil society and (b) the public on its Code of Responsible Investing.

Answer

CDC drives up environmental, social and governance standards in the markets where it invests. It has a published Code of Responsible Investment which sets out these standards. With input from FCDO and other external technical experts, CDC is updating the code. As a Public Limited Company, CDC is not required to undertake formal public consultations on its policies.


Secondary information

Type
Written question
Reference
80961
Session
2021-22
Subjects
CDC
Link
View this Written question on www.parliament.uk