Business Integrity and Ethics Articles

Innocence lost: ANZ New Zealand demonstrates poor tone at the top

5 July 2019

Transparency Times from the Chair May 2019

Read more…

Ethical leadership: on-line course

3 June 2019

Leaders in today’s changing world, face pressing demands to address a multitude of global problems and achieve greater sustainability for people, the planet and future generations. This requires a more collaborative, ethical leadership approach. But what does ethical leadership really mean?

Introducing the theories and practices of ethical leadership, Ethical Leadership in a Changing World is the latest edX Massive Open Online Course (MOOC) to be offered by VictoriaX

Read more…
James Jong IIANZ Board member and Chair of its Advocacy Committee

Human elements of agency risk – conduct and culture

3 June 2019

James Jong

Member of Advocacy Committee

Institute of Internal Auditors New Zealand

The importance of speaking up

Two years ago, I wrote an article in this newsletter espousing the internal auditor as the conscience of organisations. Their functional independence, professional objectivity and direct access to governors and executives enable and empower them to speak truth to power.

Read more…

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.

Read more…

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.

Read more…

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.

Read more…

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,

Read more…

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. 

Read more…

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.

Read more…

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.

Read more…