The Australian Council of Superannuation Investors (ACSI) published a report today which asserts that ‘poor corporate culture is linked to weaknesses in codes of conduct and whistleblowing systems’ within ASX200 companies. While the report focuses on large corporations in the for-profit sector, more and more not-for-profit organisations have been aligning their governance standards with ASX Governance expectations… Continue reading Learning from others’ mistakes Part 5 – Codes of Conduct missing key elements
Hard on the heels of the Oxfam admissions last week, the International Committee of the Red Cross (ICRC) and Plan International have also uncovered sexual misconduct by some of their staff. ICRC director-general Yves Daccord issued a statement on 23 February, advising that 21 staff members have resigned or been fired since 2015 after violating policy by paying for… Continue reading Learning from others’ mistakes Part 4 – Red Cross and Plan International
If you are a not-for-profit organisation with over $3 million in turnover, then you will doubtless be aware that today marks the first day of the Notifiable Data Breaches (NDB) Scheme. This means you now have new obligations to notify affected parties and the OAIC in the event of a breach. The Office of the… Continue reading Data breach prevention and incident response
Former New South Wales RSL president Don Rowe has been referred to police by the NSW State Government and significant reforms are also proposed, potentially affecting all Australian charities and other not-for-profit organisations. The NSW State Government last week released the 705-page report (WARNING – 48Mb file) by former Supreme Court judge Patricia Bergin after establishing the Public Inquiry in May… Continue reading Learning from others’ mistakes Part 3 – RSL NSW
If yesterday’s post regarding the CPA Australia Independent Review is considered Part 1 of a series about what we can learn from troubles experienced by not-for-profit organisations, then the Oxfam scandal can be considered Part 2. The UK Charity Commission has launched a statutory inquiry into “allegations of misconduct by staff involved in its humanitarian… Continue reading Learning from others’ mistakes Part 2 – Oxfam
Ensuring that your association or charity has established appropriate defences against cyber attack is now a core aspect of risk management. If your organisation has not yet integrated cyber-risk management within your risk management and governance framework, the following checklist may offer some helpful starting points. The issues encompassed in IT risk management and cyber-risk… Continue reading Cyber-risk in your governance framework – Part 1
Here’s a suggested governance paper for your Board to consider. Feel free to improve this draft so it meets your organisation’s requirements. The issue Should we address modern slavery and ethical supply chain matters in our governance and policy framework? Recommendation to the Board That the … committee/s be asked to advise on changes to… Continue reading Modern Slavery – a governance issue for NFP organisations?