Ethisphere names 2017 most ethical companies

Since 2007, Ethisphere has honoured those companies that recognize their role in society to influence and drive positive change in the business community and societies around the world. These companies also consider the impact of their actions on their employees, investors, customers and other key stakeholders and leverage values and a culture of integrity as the underpinnings to the decisions they make each day.

The 124 honourees selected for 2017 span five continents, 19 countries and 52 industry sectors. Among the 2017 list are 13 eleven-time honourees and 8 first-time honourees. This year there were no New Zealand businesses selected for the World’s Most Ethical list. L’Oreal, whose Vice President Ethics, Emmanuel Lulin, led TINZ 2016 Corporate Retreat, was selected for the 8th time.

Defence Force transparency

TINZ Media release Transparency needed to support the integrity of our Defence Force. Transparency International New Zealand supports the call for an inquiry into the 2010 New Zealand Defence Force raid on two villages in Afghanistan.

AML/CFT latest submission

Transparency International New Zealand's latest select committee submission (20 April) on the Anti-Money Laundering and Countering Financing of Terrorism Amendment Bill makes eight recommendations, two which are particularly important:

6. Caution is needed to ensure that de-risking does not lead to profiling of customers. Profiling has been seen by some entities as a way of de-risking transactions. This only shifts these clients to other vendors who may have less rigorous due diligence. Properly conducted due diligence is enough to ensure compliance.

8. New Zealand needs to establish a public register of beneficial ownership for all corporate vehicles (trusts, companies, co-ops, charities). A beneficial ownership registry which is administered by a registry with adequate resources and powers will ensure an effective and efficient mitigation of the criminal risks from large international transactions seeking a place to put assets or launder money. This will also assist businesses regulated by the AML/CFT laws to comply with their obligations. While this is not addressed in the Amendment Bill, TINZ recommends that this work be fast tracked to avoid being left behind internationally.

The Economist Intelligence Unit’s Democracy Index 2016

The Economist Intelligence Unit's Democracy Index provides a snapshot of the state of democracy worldwide for 165 independent states and two territories—this covers almost the entire population of the world and the vast majority of the world’s states.

The unit's 2016 report ranked New Zealand 4th in the world. Refer to the online Democracy Index 2016 or download the Democracy Index 2016 .pdf.

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Recent Activity

Protect our whistleblowers
Transparency International New Zealand (TINZ) is calls for better whistleblower protection. 8 Aug, 2017

Auditor General resignation requires transparency
Transparency International New Zealand (TINZ) calls on Parliament to release the report by Sir Maarten Wevers that lead to the resignation of Auditor-General Martin Matthews. 5 Aug, 2017

TINZ applauds decline in foreign trusts
Government implementation of tougher disclosure requirements for foreign trusts have led to around 75% discontinuing or exiting New Zealand. 9 Jul, 2017

Public Sector Integrity Media Release
State Services Commission took a very positive step in addressing a key recommendation of TINZ's Integrity Plus 2013 New Zealand National Integrity System Assessment by advertising a role for Deputy Commissioner, Integrity, Ethics and Standards. 11 May, 2017

Corruption Perceptions Index 2016 TINZ media release
Transparency International 25 Jan, 2017