The Politics of Responsible Business 2014

The Politics of Responsible Business 2014 - cover
Based on a survey of 151 MPs, this report reveals that they now expect local businesses to tackle a broad range of issues in their constituencies.

These issues include regenerating deprived areas, encouraging enterprise and raising educational standards. 

However, the research also highlights a gap between these expectations and MP’s awareness of the impact of business in their constituencies. Despite a growing number of businesses engaging in community activities, less than one in six MPs say that they are aware of the activities tested being carried out in their constituencies to a great extent, with the exception of charitable giving, suggesting that they are not being adequately engaged with by local businesses, or kept aware of their activities.

The report supports Business in the Community’s call for MPs to work more effectively in partnership with business in their local areas to drive greater positive business action in communities of need. 

The report research was undertaken by Business in the Community, with the support of Lloyds Banking Group. The survey of MPs was undertaken by ComRes.

Key findings
  • MPs expect business to engage in business initiatives that go beyond giving to charity.
  • 86% of MPs think making profit in a sustainable manner is a key issue for all businesses in light of the recent recession and banking crisis.
  • 81% of MPs think responsible business has a positive effect on the economy.
  • Nearly a third of MPs had no knowledge of businesses helping to regenerate deprived areas, encourage entrepreneurship or engaging in secondment initiatives.
  • Four in five MPs would welcome support from businesses in creating and implementing long-term strategies both for their constituency (88%) and nationally (84%) with a majority (74%) believing that legislation is not the way to ensure this.
  • Three in five MPs say that responsible business is a key issue for national Government as Britain approaches the 2015 election, with two in five saying that it will be a key issue within their constituency.