Submissions

Support for removing directors' home addresses on the Companies Register

• Due diligence
• Privacy

Submission on climate-related disclosures timing challenges

A proposed one-month exemption to the existing climate statement disclosure timeframe is a good step, but may not be a step far enough.

• Annual reporting
• Reporting frameworks

Submission on the Future for Local Government draft report

Directors play a key role in local government and local governance through CCOs, port companies, independent appointments and more.

• Public sector

Submission on Assurance over Climate-related Disclosures

Occupational regulation and expanding the scope of assurance.

• Reporting frameworks

Submission on the Business Payment Practices Bill

We applaud this Bill as a response to the concerns raised by small businesses, but suggest better adherance to governance best practice.

• Director duties
• SME

Submission on the Companies (Directors Duties) Amendment Bill

While we support the Bill’s intentions there are options that may better address its objectives.

• Director duties
• Long-termism
• Shareholders

IoD submission on the Charities Amendment Bill 2022

Our submission addresses three key areas.

• Accountability
• Director duties
• Not for profits

IoD submission on the parliamentary term

The IoD supports a move to a four year parliamentary term.

• Leadership
• Public sector

NZX corporate governance code review

IoD supports NZX’s reviews of its Corporate Governance Code, ESG Guidance Note, and Capital Raising Settings and Listing Options.

• Annual reporting
• ESG
• NZX

XRB consultation on Climate-related Disclosure Standards Exposure drafts

IoD supports governance, strategy and risk elements of XRB climate-related disclosure standards.

• ESG
• Risk oversight

Submission on the Future of Business

IoD has submitted on MBIE’s consultation paper: The future of business for Aotearoa New Zealand.

• ESG
• Purpose
• Transparency

Submission on Modern Slavery

IoD has submitted on MBIE’s set of proposals to help prevent modern slavery and worker exploitation.

• ESG
• Ethics
• Human rights

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
• Director duties
• ESG

Submission on NZX Corporate Governance Code

The NZX has been seeking feedback on the scope of the proposed review of the NZX Code.

• Annual reporting
• NZX

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

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
• Director duties
• ESG

Submission to Minister on the Crown Minerals Amendment Bill

The IoD raises concerns about the proposed director liability regime.

• Director duties
• Liability

Proposed financial reporting exemptions

FMA is considering introducing relief  for insolvent Financial Market Conduct reporting entities

• Director duties
• Financial reporting
• Solvency

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

Submission on the Incorporated Societies Bill

The IoD welcomes efforts to modernise the legal framework for incorporated societies.

• Conflict of interests
• Director duties
• Financial reporting