Company Law Reform Bill [HL]

My Lords, I do not want to prolong the discussion, which has been had many times over. The case for the comparison with the OFR has been very clearly stated by the noble Baroness, Lady Northover. As I said yesterday in our discussion of Clause 156, which in a sense is still linked to this debate, there is a strong coalition in favour of these amendments, although I think that it will warmly welcome the new government clause. I remain convinced that companies should not only report on but also take account of their impact on the environment and communities. This new form of business review, welcome as it is, will certainly help, but it does not, of course, cover the fundamental issue.