President's commentary —The ‘other’ sustainability — defeating the short-term mindset

Often when the term sustainability is used in business circles it is assumed it refers to environmental sustainability. I want to focus on overall organisational sustainability, which is built around long-term value generation and based on strong corporate governance.

This was top of mind while participating in a panel discussion at our recent Governance and Risk Management Forum in Perth, ‘What’s in store for the company secretary from 2019–2020?’

One of the key themes that came out of that discussion was the impact of the Hayne royal commission on boards, corporate governance professionals and organisations in general, especially given the recent NAB and Commonwealth Bank resignations.  And how this brings increased focus on the role of the company secretary.

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