close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Politics
4 mins to read

Warnings that ‘woke’ director duties a waste of time

But Opposition MPs also worry the bill could have unintended legal ramifications.

Labour MP Camilla Belich had responsibility for the directors’ duties legislation.

Brent Edwards Wed, 02 Aug 2023

Opposition MPs have condemned a bill placing greater responsibility on company directors to consider environmental, social and governance factors, but it has passed its third reading in Parliament this morning.

The Companies (Directors Duties) Amendment Bill was originally sponsored by Labour MP

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Brent Edwards Wed, 02 Aug 2023
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Warnings that ‘woke’ director duties a waste of time
Politics,
100188
true