With increasing importance placed on boards embedding ESG considerations in their decision-making and operations, stakeholder capitalism has become something of a buzzword du jour. It is intrinsically linked to sustainability as it is grounded in the view that giving consideration to wider interests, perspectives and impacts leads to long-term value creation.

The Chartered Governance Institute UK & Ireland (the Institute) has welcomed publication today of the UK Stewardship Code 2026 by the Financial Reporting Council, noting that several of its key recommendations have been reflected in the final text.