Port Nelson Annual Report 2012 (pdf)

community
governance
highlights
Some of our sponsorships include:
Sports: FC Nelson, multi-sports events PNL Blokes Day Out
and PNL Kauri Kids, Beach Volleyball, Port Nelson
Street Races
Community: Richmond Santa Parade, Nelson Film Society, Blessing
of the Fleet
Charitable: Life Education Trust, Lions International, Relay for
Life, Fifeshire Foundation
Business: Nelson Tasman Chamber of Commerce Cornerstone
Sponsorship and Business Awards, Port Nelson
Fisherman’s Association, Sealord Marine Rescue
Centre.
supPORTing our region
Whether it’s buying petrol, eating seafood, picking fruit or sitting on
the lawn enjoying summer jazz, Port Nelson touches the lives of most
people in the Nelson region most days.
The Port Company is the region’s gateway to the world, and its role in
the region’s export-led economy is vital. Nelson’s exports provide jobs
in forestry and wood processing, fishing and aquaculture, orchards
and coolstores and in the research and marketing associated with
these key industries. Port Nelson is also active at a lesser level in
tourism, and this year led an initiative to market Nelson offshore to the
lucrative luxury yacht sector.
We are also privileged and proud to be able to support a range of
groups and projects, and maintained our spend of $150,000 on
sponsorships this year. This is particularly noteworthy, and very
much appreciated by the organisations we support, given that the
current tough economic climate has seen many other businesses
slashing their sponsorship budgets. We aim to cover a spectrum with
this funding, setting a balance between sports, charitable groups,
community projects and the business sector.
We broadened our focus on support for youth catchments of major
winter codes by continuing as the major sponsor of the Tasman
Makos’ Rugby Academy, and picking up a three-year commitment
as a cornerstone sponsor of FC Nelson. This support has supplied
equipment and kept participation free for after-school weekday
football. At the other end of the age spectrum, we backed the South
Island Masters Games held in Nelson in October. Our support for the
Summer Sea Swim Series is now in its sixth year and has been key to
the growth in participation and status of these events.
In line with our own environmental endeavours, we continued to
support the Sustainable Business Network, and picked up local
support of Paper4trees, an initiative that encourages children to
recycle paper through providing green bins for classrooms, with
native trees for school grounds as a reward. This year’s proceeds from
our Nelson Port and Transport Industry Charity Golf Tournament went
to the Jack Inglis Friendship Hospital in Motueka.
The Finance and Risk Committee and the Remuneration Committee
met as required by their respective Terms of Reference and have been
effective in dealing with matters that may not warrant full Board
attention. Both committees report to the Board.
director changes
Mr Patterson and Mr Lough both retired by rotation and were
reappointed for a further three years in September 2011.
board and sub commit tee composition
as at 30 june 2012
Board
Nick Patterson (Chair) Phil Lough (Deputy Chair)
Tim King (Director)
Paul Le Gros (Director)
Bronwyn Monopoli (Director) Peter Schuyt (Director)
Finance and Risk Committee
Peter Schuyt (Chair)
Bronwyn Monopoli (Director)
Tim King (Director)
Remuneration Committee
Nick Patterson (Chair)
Paul Le Gros (Director)
Meeting attendance
Phil Lough (Director)
Meeting type
Board Finance & Risk Remuneration
Meetings held 12 4 2
T King 11 3 -
P Le Gros 12 - 2
P Lough 10 - 2
B Monopoli 11 4 -
N Patterson 12 - 2
P Schuyt 11 4 -
further governance matters
Port Nelson operates under Port Nelson’s Corporate Governance
Code of Practice. The Code specifies matters such as:
• Ethical Standards
• Role of the Board
• Composition and Performance of the Board
• Directors (duties and responsibilities)
• Committees of the Board
• Finance and Risk
• Role of the Chairperson
• Role of the CEO
• Shareholder Relations and Statement of Corporate Intent
• Reporting and Disclosure.
Both sub-committees have undertaken a review of their respective
terms of reference in the last 12 months. The full Board has also
undertaken a self review in the period. The Port Nelson subcommittees
and full Board have been active in reviewing Port Nelson
policies and amending where deemed appropriate. The Board
continuously monitors for conflicts of interest.
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