IoD NI Code of Conduct Public consultation

On 6 June 2024 the IoD published a consultation document on a Code of Conduct for Directors. Produced by a commission chaired by Lord McNicol of West Kilbride and supported by BDO, it aims to provide a behavioural framework for directors to help build trust in UK business. The Code represents a voluntary commitment and is not intended to hold back directors or create a new burden of compliance.

The six key 'Principles of Director Conduct' are:

• Leading by Example – demonstrating exemplary standards of behaviour in personal conduct and decision-making.
• Integrity – acting with honesty, adhering to strong ethical values, and doing the right thing.
• Transparency – communicating, acting and making decisions openly, honestly and clearly.
• Accountability – taking personal responsibility for actions and their consequences.
• Fairness – treating people equitably, without discrimination or bias.
• Responsible Business – integrating ethical and sustainable practices into business decisions, taking into account societal and environmental impacts.

Read the consultation document here: IoD public consultation on a Code of Conduct for Directors | Institute of Directors 

We invite the business community and the general public to attend this 1-hour session to learn more about the Code of Conduct and have the opportunity to share your views as part of the public consultation process.