Section 172(1) Statement
The directors of MXCI & partners are committed to acting in a way that promotes the long-term success of the company for the benefit of its members as a whole, while also having due regard to the interests of stakeholders, as outlined in Section 172(1) of the Companies Act 2006.
Why we have Voluntarily Published this Statement
Although MXCI & partners is not legally required to produce a Section 172(1) statement, we have chosen to do so voluntarily. We believe that transparency and responsible governance are key to building trust with our customers, employees, suppliers, and partners. By publishing this statement, we aim to demonstrate our commitment to sustainable, ethical, and stakeholder-focused business practices.
Our Approach
The directors ensure that decisions are made with a focus on sustainable growth, long-term value creation, and maintaining high standards of business conduct. In fulfilling their duties under Section 172(1), the directors have considered:
1. Long-term consequences of decisions
Key strategic and operational decisions are made with an understanding of their long-term impact on the company’s growth, reputation, and stakeholder relationships. We regularly review business performance and market trends to ensure the resilience of our business model.
2. Employee interests
MXCI & partners values its people and fosters a culture of openness, professional development, and well-being. We ensure our employees are informed, engaged, and empowered to contribute to the success of the business.
3. Relationships with suppliers, customers, and partners
We aim to build strong, long-term relationships based on trust, fairness, and collaboration. Feedback from customers and partners is actively sought to ensure we meet their needs and maintain high levels of service.
5. Impact on the community and environment
The company recognises its responsibilities to the wider community and the environment. We are committed to minimising our environmental footprint and integrating sustainability principles where practical.
6. Maintaining high standards of business conduct
Integrity and ethical behavior are at the heart of how we operate. We adhere to all relevant regulations and best practices to protect and enhance the company’s reputation.
7. Acting fairly between members
The directors are mindful of the interests of all shareholders and act fairly to ensure decisions benefit the company.
Engagement and Oversight
The board meets regularly to review company performance, evaluate risks, and assess opportunities. In doing so, we seek to balance short-term operational needs with the long-term success and sustainability of the business.
Publication Date: January 2025