Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Institute of Directors welcomes Pike River Implementation Plan


12 December 2012

Institute of Directors welcomes Pike River Implementation Plan

Media Release

The Institute of Directors (IoD) today welcomed the release of the Government’s Implementation Plan for the Pike River Royal Commission’s recommendations.
IoD Chief Executive, Ralph Chivers said “It is very encouraging that all 16 recommendations from the Royal Commission’s report into the Pike River tragedy have essentially been accepted by the Government. We are pleased to be a part of the Implementation Plan in regards to directors and governance (recommendations 5, 6 & 7) and we look forward to helping to implement changes that will improve health and safety in New Zealand and prevent serious harm. Every New Zealander has the right to expect that they will return home to their families after each and every work day. We are committed to working with the Ministry of Business, Innovation & Employment (MBIE) and the Independent Taskforce on Workplace Health and Safety (Taskforce) to put in place measures to ensure that a tragedy like Pike River never happens again.”

“Directors are responsible for ensuring that all areas of risk within an organisation are appropriately assessed and that plans to mitigate and address those risks are effectively put in place. There is no area of risk with greater consequences than health and safety; people’s lives depend on the board getting it right. The IoD is committed to helping develop a code of practice that will guide directors on using good governance practices to manage health and safety risks.” said Mr Chivers.

Mr Chivers said “The IoD agrees that more needs to be done to improve health and safety performance in New Zealand and we are committed to playing our part through education and advocacy in the governance community. It is important to note that while there is always room for improvement the vast majority of companies and boards in New Zealand take health and safety very seriously and are effective at managing the risks. The Royal Commission’s report should have been a grave wake up call for any director who was not performing their duties in relation to health and safety as they should be.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: RBNZ Starts Talks On Tougher Rules For Property Speculators

The Reserve Bank of New Zealand is stepping up preparations to restrict lending to residential property investors as it watches house prices, particularly in Auckland, continue to rise strongly. More>>

ALSO:

Research: ‘Ageing Well’ Science Challenge Launched

Science and Innovation Minister Steven Joyce today launched the Ageing Well National Science Challenge, confirming initial funding of $14.6 million. More>>

ALSO:

Scoop Business: Govt Resisting Pressure To Pump More Cash Into Solid Energy

Prime Minister John Key says it is “not the government’s preferred option” to make a fresh capital injection into the troubled state-owned coal miner, Solid Energy, but dodged journalists’ questions at his weekly press conference on whether that might prove necessary... More>>

ALSO:

Lagest Ever Privacy Breach Award: NZCU Baywide Accepts “Severe” Censure In Cake Case

NZCU Baywide says that once it was found to have committed a breach of a former staff member’s privacy, it had attempted to resolve the matter... the censure and remedies for its actions taken almost three years ago are “severe” but accepted, and will hopefully draw a line under the matter. More>>

ALSO:

Scoop Business: PayPal Stops Processing Mega Payments; NZX Listing Still On

PayPal has ceased processing payments for Mega, the file storage and encryption firm looking to join the New Zealand stock market via a reverse listing of TRS Investments, amid claims it is not a legitimate cloud storage service. More>>

ALSO:

Housing Policy: Auckland Densification As Popular As Ebola, English Says

Finance Minister Bill English said calls by the Reserve Bank Governor for more densification in Auckland’s housing were “about as popular in parts of Auckland as Ebola” would be. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news