Warnings that ‘woke’ director duties a waste of time
But Opposition MPs also worry the bill could have unintended legal ramifications.
Labour MP Camilla Belich had responsibility for the directors’ duties legislation.
Opposition MPs have condemned a bill placing greater responsibility on company directors to consider environmental, social and governance factors, but it has passed its third reading in Parliament this morning.
The Companies (Directors Duties) Amendment Bill was originally sponsored by Labour MP
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