Well-being of Future Generations (Wales) Act, 2015

United Kingdom Current 2015

The Act focuses on the future development of Wales (“The Wales we want by 2050”) and the role of public bodies in particular. It among others establishes a statutory Future Generations Commissioner as well as Public Services Boards (PSBs) for each local authority area in Wales. Each PSB must improve the economic, social, environmental and cultural well-being of its area by working to achieve specified well-being goals. The Act also introduces a reporting requirement for the public sector.

Scope

General sustainability/ESG/non-financial

Industry sectors covered by the instrument

All/none specified

Organizations covered by the instrument

Public sector organizations

Issuer type

National Assembly for Wales/Secretary of State

Type of instrument

Legislation

Mandatory or voluntary

Mandatory

The geographical scope

Sub-national

Project Partners