Business Integrity and Ethics Articles

Building public trust in our financial systems

7 May 2019

Henry Lynch

Henry Lynch

TINZ Director: Financial Sector

This month, a Consumer New Zealand survey, found that only 47% of people surveyed said banks can be trusted and only 35% think banks have their best interests at heart.

It’s not surprising then that about 70% of New Zealanders agree that banks need to be monitored more closely to protect consumers from irresponsible practices.

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Financial Integrity System Assessment Overview

7 May 2019

Suzanne Snively

Chair, Transparency International New Zealand

The New Zealand Financial Integrity System Assessment (FISA) is the first ever review of the integrity framework of any country’s financial system. Transparency International New Zealand (TINZ) will lead the review as it is uniquely placed to ensure both independence and objectivity.

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New Zealand Superannuation Fund transparency

5 April 2019

David Dunsheath

In response to the Arms (Prohibited Firearms, Magazines and Parts) Amendment Bill, the New Zealand Superannuation Fund is proactively reviewing the breadth of its portfolio. This time its focus is on possible exclusion of all firearms manufacturers, beyond existing exclusions in the cluster munitions and nuclear arms sectors.  

Open data

Publicly accessible records are provided of the Fund’s voting at annual general meetings of the 6,000 listed companies it has invested in.

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L’Oreal again one of the Most Ethical Companies

14 March 2019

“In a world of exponential innovation, a company with a strong ethical culture is better equipped to face the challenges of tomorrow” – Emmanuel Lulin, Senior Vice-President and Chief Ethics Officer of L’Oréal.

Latest awards

The Ethisphere Institute has released its 2019 list of the World’s Most Ethical Companies®. This recognises 128 companies for exemplifying and advancing corporate citizenship,

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Governance requires proactive stewardship

14 March 2019

by Bernie McKendrey
Deputy Chair
The Institute of Internal Auditors New Zealand

‘Me Three … are we conspiring to be silent?

Enough, it is time.  Time to be bold, stand up, speak up and lead by example.

New Zealand recently dropped from 1st equal to number 2 on the Corruption Perception Index. 

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A New Zealand failure of governance – facing the reality

14 December 2018

Tod Cooper

Tod Cooper
Member with delegated authority for
Procurement/ Online Training/ Whistleblowing

by Tod Cooper

TINZ Director

Writing for Employers and Manufacturers Association

BusinessPlus Magazine

 

Peter Thomas, the NZ Managing Director of scandal-ridden print giant Fuji Xerox spoke at a recent Chartered Institute of Procurement and Supply event in Wellington.

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Employees given insufficient ethical support

14 December 2018

Guy Somerset

Senior Communications Advisor

Victoria University of Wellington

Only 29% of New Zealand employees surveyed say their organisation has a comprehensive ethics programme, while 10% say their organisation has none at all.

This Ethics at Work: 2018 survey of employees – Australia, New Zealand and United Kingdom originated from the Institute of Business Ethics (IBE) in 2005.

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Business Integrity is the BEST Anti-Corruption Measure

10 December 2018

pdf

Business Integrity is the BEST Anti-Corruption Measure. Presentation by Suzanne Snively ONZM, Chair, Transparency International New Zealand for the KIC International Anti-Corruption Forum. 6 December 2018

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Ethics at work: Survey of employees 2018

10 November 2018

The first ever New Zealand findings from the international survey ‘The Ethics at Work: Survey of Employees 2018′ will be revealed on 28 November.  This event will analyse employees’ perceptions of ethics in the workplace and the challenges faced by organisations. 

Speakers

Philippa Foster-Back, CBE, Director of the Institute of Business Ethics, from the UK,

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Ethics officers in all large companies?

10 November 2018

Emmanuel Lulin, Senior Vice-President and Chief Ethics Officer at global cosmetics giant L’Oréal, predicts we will soon be seeing ethics officers in most large companies.

Once companies and other organisations were subject to the law to reinforce ethical behaviour. Nowadays the rapid speed of scientific and technical innovation is far outstripping the law’s ability to keep up. So said Lulin at a public presentation co-hosted by Professor Karin Lasthuizen,

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