Board Members’ Code of Conduct

In all our operations and relationships we will conduct our affairs in an honest, fair and principled manner, adhering to a high standard of professional conduct at all times.

Personal behaviour- it is expected that board members will:

• Act ethically, with honesty and integrity, in the best interests of the LCCI at all times.
• Not make improper use of their position as board members to gain advantage for themselves or for any other person
• Exercise due care, diligence and skill.
• Take individual responsibility to contribute actively to all aspects of the board’s role according to the board member duty statement.
• Make decisions fairly, impartially and promptly, considering all available information, legislation, policies and procedures.
• Make reasonable enquiries to remain properly informed.
• Understand the financial, strategic and other implications of decisions.
• Act in a financially responsible manner.
• Understand financial reports, audit reports and other financial material that comes before the board.
• Attend a minimum of 80% of board meetings.
• Treat colleagues with respect, courtesy, honesty and fairness, and have proper regard for their interests, rights, safety and welfare.
• Not harass, bully or discriminate against colleagues, members of the public and/or employees.
• Contribute to a harmonious, safe and productive board environment/culture through professional workplace relationships.

Communication and official information – it is expected that board members will:

• Channel all communication between board and staff on business matters through the Chairperson and the Executive Officer.
• Not disclose official information or documents acquired through membership of the board, other than as required by law or where agreed by decision of the board.
• Not make any unauthorised public statements regarding the business of the LCCI.
• Support, adhere to and not contradict the formal decisions of the board made in its meetings.
• Respect the confidentiality and privacy of all information as it pertains to individuals.
• Ensure information gained as a Director is only applied to proper purposes.

Conflicts of interest – it is expected that board members will:

• Disclose any personal or business interests which may give rise to actual or perceived conflicts of interest.
• Not allow personal or financial interests, or the interests of any associated person, to conflict with the interests of the LCCI.
• Where conflicts of interest do arise, ensure they are managed in the public interest.
• Ensure that they decline gifts or favours that may cast doubt on their ability to apply independent judgment as a board member.

In addition, board members commit to:

• Taking responsibility for reporting improper conduct or misconduct which has been, or may be occurring in the workplace, reporting the details to the relevant people or agency.
• Taking responsibility for contributing in a constructive, courteous and positive way to enhance good governance and the reputation of the board of the LCCI.

Approved: 20 April 2016