date 17 May 2024 read time 3 min to read Revealed: the huge cost of New Zealand’s workplace bullying and harassment The cost of bullying and harassment to NZ employers is around $1.5 billion a year according to a damning new report. Accountability Conduct
date 18 Mar 2024 read time 3 min to read Worker exploitation: Ignorance is no longer a defence Modern slavery is out in the open and benefits businesses says Tania Donaldson, Manager of Employment System Guidance & Engagement (MBIE). Accountability Liability Supply chains
date 05 Mar 2024 read time 4 min to read The chatbot that got an airline sued Businesses should make sure the answers given by their chatbots accurately reflect their policies and offerings. Accountability Risk oversight
OPINION date 11 May 2023 read time 3 min to read IMHO: How to govern health, safety and wellbeing through the balance sheet? Chris Alderson CMInstD is researching directors’ views on measuring an organisation’s Health and Safety capacity. Accountability Health and safety Intangible assets
date 31 Mar 2023 read time 5 min to read Modern slavery exists, but where? Modern boards need to govern faster than the speed of change. Unlocking digital board agility will be crucial to future success. Accountability Ethics Human rights
date 16 Mar 2023 read time 2 min to read Transparency and the non-negotiables Impact reporting is becoming non-negotiable where the facts have to speak for themselves, according to KPMG’s Kay Baldock. Accountability Organisational culture Stakeholders
date 20 Dec 2022 read time 7 min to read Why Kiwis love a franchise The quick set-up-and-go structure makes franchising attractive, along with a survival rate of 80% compared to other business models. Accountability Compliance
date 08 Dec 2022 read time 7 min to read IoD submission on the Charities Amendment Bill 2022 Our submission addresses three key areas. Accountability Director duties Not for profits
date 16 Nov 2022 read time 2 min to read Opportunity is passing us by KPMG's New Zealand Survey of Sustainability Reporting 2022. Accountability Climate change ESG
date 14 Nov 2022 read time 3 min to read FTX is a signal to brush up on your red flags Broad principles that may give you a chance of spotting the next listed company fraud scandal. Accountability Ethics
date 07 Jul 2022 read time 4 min to read Class actions and litigation funding - Law Commission report released We provide a summary of the Law Commission's final report and our own submissions. Accountability Director duties Insurance
date 29 Apr 2022 read time 10 min to read Submission on Aotearoa New Zealand Climate Standard 1: Climate-related Disclosur... We continue to support the XRB's approach to developing climate-related disclosure standards. Accountability Climate change Director duties
date 01 Apr 2022 read time 3 min to read to read Net-Zero New Zealand: What will it take? The target is ambitious and essential, requiring transformational change across every industry, sector and business. Accountability Climate change Long-termism
date 30 Nov 2021 read time 3 min to read Submission on class actions and litigation funding The Law Commission is undertaking a first principles review of class actions and litigation funding in New Zealand. Accountability Director duties Insurance
date 23 Nov 2021 read time 5 min to read Submission on Aotearoa New Zealand Climate Standard 1: Climate-related Disclosur... IoD has submitted on the XRB's consultation on the first stage of their development of climate-related disclosure standards. Accountability Climate change Director duties
date 22 Jul 2021 read time 4 mins to read Further consultation on modernising the Charities Act 2005 The DIA has published three consultation papers for targeted stakeholder feedback on initial options for modernising the Charities Act 2005. Accountability Director duties Not for profits
date 05 May 2021 read time 1 min to read Improving conduct of financial institutions Reforms aimed at improving the conduct of financial institutions and their intermediaries in providing services and products to consumers… Accountability Compliance Conduct
date 04 May 2021 read time 1 min to read Proposed duty for directors of deposit takers Treasury has been consulting on proposed changes to the prudential framework for deposit takers in New Zealand. Accountability Compliance Director duties
date 04 May 2021 read time 3 min to read Strengthening body corporate governance Changes are being proposed to the Unit Titles Act which sets out the law relating to high-density housing. Accountability Conflict of interests Director duties
date 30 Apr 2021 read time 6 min to read Submission on strengthening body corporate governance The IoD submitted on the Unit Titles (Strengthening Body Corporate Governance and Other Matters) Amendment Bill. Accountability Annual reporting Conflict of interests
date 28 Apr 2021 read time 1 min to read Due diligence duty for directors and senior managers - consumer credit contract ... Significant amendments were made to the Credit Contracts and Consumer Finance Act 2003 in 2019. Accountability Compliance Director duties
date 11 Mar 2021 read time 13 min to read Submission on class actions and litigation funding The Law Commission is undertaking a first principles review of class actions and litigation funding in New Zealand. Accountability Director duties Insurance
date 26 Jan 2021 read time 3 min to read 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
date 06 Nov 2020 read time 3 min to read Renovation time Governance culture needs a “renovation” if Australian companies are to avoid the public backlash and internal ructions experienced this… Accountability Ethics Governance failures
date 21 Oct 2020 read time 13 min to read Submission on Phase 2 of the Reserve Bank Act review - consultation 3 Phase 2 of the Reserve Bank Act Review is a broad review of the Reserve Bank’s governance and accountability framework and its financial… Accountability Compliance Director duties
date 25 Sep 2020 read time 2 min to read BlackRock’s expectations on directors higher than ever BlackRock’s 2020 Investment Stewardship Annual Report (pdf), released this week, summarises the firm’s stewardship engagement and voting… Accountability Climate change Conduct
date 15 Jul 2020 read time 2 min to read Executive pay - a dilemma in challenging times Decisions on executive pay are notoriously difficult. Public scrutiny is ‘always on’ and boards also need to take heed of stakeholder and… Accountability Executive remuneration
date 30 Mar 2020 read time 4 min to read Submission on the Financial Markets (Conduct of Institutions) Amendment Bill The IoD supports the intent of the Bill to improve culture and conduct in financial institutions in New Zealand. Accountability Conduct Director duties
date 14 Feb 2020 read time 5 min to read Submission on the Education and Training Bill The Education and Training Bill (Bill) replaces all major existing education and training legislation. Our submission focuses on provisions… Accountability Director duties Not for profits
date 11 Feb 2020 read time 4 min to read The buck stops here: governance, accountability and risk culture How can those with governance roles influence desired behaviours from behind closed doors? Accountability
date 31 Jan 2020 read time 1 min to read A fundamental reshaping of finance In his annual letter to CEOs around the world, Larry Fink says that climate change will cause a transformational reallocation of capital… Accountability Climate change Transparency
date 20 Dec 2019 read time 60 min to read Boardroom magazine - December January 2020 The top five issues for directors in 2020 | Two views on shareholders and stakeholders | Regulator focus 2020 | Managing climate risk Accountability Chairing Climate change