News and articles

Obituary: Lindsay Fergusson CNZM FInstD

Lindsay Fergusson's influence, generosity and stories rippled beyond any room he entered and stretched across nations.

Climate-related financial disclosures: Driving capital markets and corporate go...

The proposal for a Reporting Standard for Climate-related Financial Disclosures will signal a step-change in New Zealand’s climate change jo...

• Climate change
• Compliance
• Financial reporting

Four Pillars 2021 edition - key updates

This information sheet provides an overview of the 2021 edition of The Four Pillars of Governance Best Practice for New Zealand Directors.

IMHO: One responsibility directors often forget - Not sticking around too long

OPINION: Mike O'Donnell MInstD offers his views on what boards should deliver for their organisations.

• Chairing
• Director duties

Casino's broken Crown

Inquiry report into ASX-listed Crown Resorts Ltd  focuses on governance failures, risk management and culture. 

• Governance failures
• Organisational culture
• Risk oversight

Zoom room unlikely to replace the boardroom for New Zealand directors

MEDIA RELEASE: Findings from the latest GNDI Survey report

• COVID-19
• ESG
• Risk oversight

Six questions with…Bindi Norwell MInstD

Bindi is currently chief executive of the Real Estate Institute of New Zealand (REINZ) and a committee members of the Auckland branch of the...

Debut Homes in the Supreme Court — a product of the vicarage?

Peter Watts QC provides his perspective on the Supreme Court's ruling on directors’ duties in the Debut Homes case, September 202...

• Court decisions
• Director duties
• Solvency

The Climate Change Commission's report needs a response

The advice is clear – the Government must pick up the pace and changes are needed in all sectors.

• Climate change

NZX cyber attack a wake-up call for directors

Aura GM Peter Bailey says the FMA’s report on the cyber breaches at the NZX serves as both a warning and an opportunity for directors....

• Cybersecurity
• NZX

Investing with impact

A summary of the Overview of Impact Investing in Aotearoa report released November 2020 by the Centre for Social Impact.

• Accountability
• ESG
• Shareholders

IMHO: Des Hunt says the old boys' network is holding New Zealand back

OPINION: Many NZ companies’ underperform because their boards are...

• Board composition
• CEOs
• Diversity

New Years Honours 2021

The IoD congratulates the following members who have received honours in recognition of the contribution made in their respective fields.

Do you understand your D&O insurance?

New legal decisions, the risk of class actions and directors’ personal risk profiles were canvassed at a Directors and Officers Workshop.

• Insurance

COVID-19 and tax: The implications for governance

Tax developments that directors should be aware of.

• COVID-19
• Liability

A year of long tails and shop windows

The direction of travel in M&A activity and litigation in 2021.

• COVID-19
• Mergers and acquisitions

Literally moving mountains

Leading public sector governance has been recognised in the Public Service Commission Spirit of Service Awards.

• Diversity
• Public sector

The top five issues for directors in 2021

The top five issues which should be top of mind for directors in 2021.

• Climate change
• COVID-19
• Cybersecurity

The Trusts Act 2019: Implications for trustees of charitable trusts and NFPs

Webcast outlines compliance requirements, trustee obligations and issues for trustees to be aware of to prepare for the changes to the...

• Director duties
• Not for profits

For those who are bold, there are opportunities

Highlights from the IoD breakfast event on climate-related disclosures held 12 November 2020.

• Climate change
• ESG
• Financial reporting

CEOs adapting to COVID-19

KPMG’s Executive Chair Matt Prichard reflects on the shift in priorities revealed in its latest CEO Outlook survey and pulse-check.

• CEOs
• Climate change
• COVID-19

Organisations upended by COVID-19, but directors see glimmers of hope ahead

MEDIA RELEASE: COVID-19 had a starring role in IoD's and ASB’s 2020 Director Sentiment Survey.

• Board composition
• COVID-19
• Insurance

Six challenges facing insider CEOS in 2021

Research in the US suggests boards should think carefully before appointing an “insider CEO” to lead through the impact of COVID-19.

• CEOs
• COVID-19

Realising the climate opportunity

The transition to a low-carbon economy will create new revenue streams and provide avenues to reduce costs.

• Climate change
• Future of work

Community spirit wins West Coaster Eric de Boer a First Steps in Governance awar...

MEDIA RELEASE: Eric de Boer has been awarded a Canterbury Branch First Steps in Governance award.

Fit to lead in the new world economy

What qualities do directors need, and what questions should they be asking, to help their organisations reset for growth and success?

• ESG

Head of the class action

The Supreme Court has decided a class action against insurance company Southern Response can proceed on an opt-out basis.

• Court decisions
• Insurance

IFRS Foundation consults on global sustainability reporting

The trustees of the International Financial Reporting Standards Foundation have published a consultation paper...

• Climate change
• ESG
• Reporting frameworks

Will we ever be post-COVID?

Community Trust leaders look at the impact of COVID-19 through a lens that may be useful for directors across many organisations.

• COVID-19
• Not for profits

Webcast: How can we lift the performance of boards?

Governance fit for the future webcast held in October 2019 is available on demand for members of the Institute of Directors to view....

• Director duties
• Innovation

Lessons learned

Kiwi director Sir Colin Maiden talks about the lessons he learned in a governance career.

Local government: A case for governance repair

Peter McKinlay, strategic public policy consultant, provides his views on the governance of local government in New Zealand and how it can b...

• Leadership
• Organisational culture
• Public sector

Negative interest rates?

Unthinkable 12 months ago, the possibility of negative interest rates is now very real. What does that mean for corporate treasury functions...

• Financial reporting

Renovation time

Governance culture needs a “renovation” if Australian companies are to avoid the public backlash and internal ructions experienced this year...

• Accountability
• Ethics
• Governance failures

A new model for charities

We talked with Amy Carter, chief executive of the Christchurch Foundation to find out more about the organisation's approach to governance a...

• Long-termism
• Not for profits

Ko wai a TAHITO

Chartered Member Temuera Hall has co-founded a unique investment fund based on Māori values.

• Integrated reporting
• Long-termism
• Te Ao Māori

Canterbury lawyer’s community spirit behind her First Steps in Governance award ...

Lawyer Alex Booker will take her first steps in governance with a two-year internship on the board of Comcare, after winning a 2020 First St...

Community Trusts explained

NZ's community trusts are governed by people from their local community, investing their community’s capital prudently, and tailoring their ...

• Not for profits
• Purpose

New Zealand companies lag behind others in their reporting on climate change, an...

New Zealand’s top 30 corporations do a poor job reporting on climate change compared with similar Australian and Fortune Global 500 companie...

• Climate change
• Director duties
• Financial reporting

Should I stay or should I go? Directors and the ‘leave of absence’ dilemma

A lack of clarity around directors’ personal liability while on extended leave means they’re more likely to resign than take leave of absenc...

• Director duties
• Liability
• Talent