NZ: Institute of Directors' corporate governance guidance updated to include chapter on human rights
Author: Rob Stock, Stuff NZ , Published on: 4 September 2017
"The directors' bible' includes chapter on Human Rights for first time", 3 September 2017
...8500 copies of the "the director's bible" will be posted out, and for the first time there's a chapter on human rights.
The 'Four Pillars of Governance Best Practice' is the Institute of Directors' textbook for directors...The inclusion of a chapter on human rights marks a seminal moment in New Zealand corporate history telling boards that the old days of "don't ask, don't tell" tolerance for human rights abuses in their supply chains are gone...
'Four Pillars of Governance Best Practice' sets out five steps for boards to get on top of human rights risk management...Overseas human rights has become a big issue for companies, and New Zealand exporters have little option but to embrace it...
[refers to Countdown, Foodstuffs (owner of New World and Pak 'n Save), Z Energy, NZ Post, Air New Zealand, Inshore Fisheries, NZ Wine, Zespri, and Pipfruit New Zealand.]