Australian Governance Summit: Key takeaways

In March, I had the privilege of attending the Australian Governance Summit held by the Australian Institute of Company Directors. This article highlights the key thoughts and lessons from the two-day event, where the theme was governance at the forefront.

Sustainability and transparency

A theme that echoed throughout the conference was sustainability.

The opening address made it clear that sustainability touches every aspect of governance and company directors, who have a fundamental obligation to act in the best interests of their corporations, need to consider all the stakeholders that contribute to its sustainability. This goes beyond the traditional lens of shareholder returns to ensuring customers buy its products or services, investors provide finance, employees produce the products or services and a society that accepts those products or services.