Governance

The board and management are committed to ensuring that Spark New Zealand maintains a high standard of corporate governance and adheres to high ethical standards.

The Board of Directors regularly review and assess Spark New Zealand’s governance structures and processes to ensure that they are consistent with international best practice, in both form and substance.


Annual Report 2019

Take a look at Spark's performance across the FY19 financial year.

Read the report

Principal governance documents

 

These are Spark’s foundational policies that outline the company’s core governance structures and processes.

This statement is a snapshot view of Spark’s practices, processes and policies measud against the principles of the NZX Code.

This charter sets out the governance requirements for the Board Audit and Risk Management Committee including the roles and responsibilities, procedures, members’ powers and reference to applicable legislation.

This charter and the board committees’ charters and policies set out the governance requirements for the Spark New Zealand Board. These include the roles and responsibilities, procedures, members’ powers and reference to applicable legislation.

The Code of Ethics sets out the standards that apply to the Spark Board and what they expect from all Spark employees, including the Chief Executive.

Spark's Constitution sets out the company's rules and clearly defines the relationship between the company, shareholders, director and other officers of the company.

The Director Code of Ethics is the framework of the standards by which Directors of Spark New Zealand Limited and its subsidiaries (“Spark New Zealand”) are expected to conduct their professional lives.

The Disclosure Policy outlines how Spark aims to providing timely, orderly, consistent and credible information consistent with legal and regulatory requirements, to enable orderly behaviour in the market.

The Diversity and Inclusion Policy outlines how Spark aims to support diversity and inclusion as well as proactively recognising equality across the business in order to deliver enhanced customer experiences and business performance.

The objective of the External Auditor Independence Policy is to ensure that audit independence is maintained, both in fact and appearance, such that Spark New Zealand’s external financial reporting is viewed as being highly reliable and credible.

This Human Resources and Compensation Charter sets out the governance requirements for the Spark New Zealand Human Resources and Compensation Committee including the roles and responsibilities, procedures, and members’ powers.

The Insider Trading Policy outlines how Spark complies with all legal and statutory requirements in order to ensure that no one in the possession of Inside Information trades in Spark New Zealand Securities.

The Managing Risk Policy outlines the framework the co-ordinates different areas to play their part in helping Spark people identify and manage strategic, operational and external challenges.

The Nominations and Corporate Governance Committee Charter sets out the governance requirements for the Spark New Zealand Nominations and Corporate Governance Committee including the roles and responsibilities, procedures, and members’ powers.