New rules for directors

New rules for directors

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A national membership association, Governance Institute of Australia advocates for a community of 43,000 governance and risk management professionals, equipping our members with the tools to drive better governance within their organisation.​​

They tailor our resources for members in the listed, unlisted and not-for-profit sectors, and ensure their member’s voice is heard loudly. ​​

As the only Australian provider of chartered governance accreditation, they offer a range of short courses, certificates and postgraduate study to help further the knowledge and education of the fast-growing governance and risk management profession. ​​

They run a strong program of thought leadership, research projects and news publications and draw upon our membership of the Chartered Governance Institute to monitor emerging global trends and challenges to ensure members are prepared.​​

Their members know that governance is at the core of every organisation — and in these tumultuous times, that good governance is more important than ever before.​

Governance Institute of Australia have launched their major thought leadership project for 2021: the Future of the board report. Providing a roadmap for directors through to 2025, the report is based on a survey of 550 non-executive directors, CEOs and executives as well as a working group of senior directors and industry leaders.

Key findings include:
– Top challenges for boards in 2025: Internal – Sustainability of business #1. External – Climate change, fallout from COVID-19, economic instability, technology disruption, and cybersecurity risk.
– Board accountability & responsibility: Set to soar towards 2025, with the vast majority 92% of survey respondents agreeing on this, and 66% agreeing strongly.
– ESG: 89% say boards will need to align their purpose with community values. Social license to operate will be the number one ethical (or conduct culture) challenge for board directors in 2025.

To view the report in full, head to this link.

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