Governance Directions Journal – December 2023
Volume 75 - Number 11
Interview: Danny Gilbert — Building a business based on innovation and technology and community
We speak with Danny Gilbert about his career and why all businesses have to be connected to and concerned with what's going on in the communities in which they operate.
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Report to members: 2023 year in review
We are delighted to share with our members, this year in review which outlines our key initiatives, projects and plans from across the organisation. The post-Covid hangover has continued this year across many sectors as slow economic growth, rising interest rates and cost of living pressures remain a key challenge for the operating environment.
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CEO Memo: Thank you to members
Welcome to the final edition of Governance Directions for 2023! It has certainly been a busy year for us at Governance Institute as we continue to build on and deliver some of our key strategic priorities and long-term projects, as well as continuing with a heavy schedule of events, training delivery, membership engagement and our policy and advocacy work.
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Acting for You, December 2023
Governance Institute made a submission to the Department of Finance on its ‘Consultation on the Digital ID Bill and Digital ID Rules’. Governance Institute will keep members updated on this important consultation.
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Enhancing Australia's carbon emission transparency
Australia's efforts to mitigate climate change and enhance transparency in emissions reporting are pivotal in shaping the future of corporate governance. A critical challenge lies in the verification of carbon emission claims put forth by Australian resource companies, necessitating a rigorous and dependable mechanism for assessment.
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AI in risk management: How efficiency and accuracy can go together
While artificial intelligence promises productivity and efficiency gains, it also opens up new and novel risks that need to be considered. Some of these risks relate to data and privacy and others relate to the quality of the output, with the model providing incorrect but plausible sounding answers.
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Turning climate and sustainability aspirations into actions
This article aims to assist your board’s understanding of climate and related impacts along the value chain and why it matters. A critical issue for the Australian business community is the reliance on the thousands of suppliers, many of which are SMEs, which will need to identify and report their climate impacts up the value chain.
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Shareholders and directors’ disputes: A way forward
Shareholder or director disputes are commonplace and can be stressful and expensive. This article outlines various ways to address and resolve shareholders and directors' disputes.
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Directors’ liability for company debts
A company director could face an insolvent trading claim if the company incurs a debt it can't pay when the director knew or should have known that the company was insolvent. A liquidator or creditors may initiate these claims under section 588M and 588R of the Corporations Act 2001 respectively.
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