ADVISORY COMMITTEE
IAG's Expert Community Advisory Committee provides IAG's Board and executive with independent advice on issues that may impact the Group's standing in the communities in which we operate.
The Committee is comprised of independent experts who make recommendations on the economic, social and environmental impacts of our activities. Committee members have varied expertise in governance, civil society and social capital, crime prevention, climate change, rural and regional concerns, corporate social responsibility and business, and a common commitment to transparency and multi-stakeholder engagement.
The Committee's mandate is to:
- advise IAG on economic, social, environmental and cultural issues to influence sustainable development strategy and performance;
- challenge IAG to address difficult issues; and
- provide advice and counsel on the content of the IAG Sustainability Report.
- Terms of reference
- Membership
- Sitting fees, allowances and expenses
- IAG stewardship
- IAG Expert Community Advisory Committee (ECAC) Statement
Terms of reference
- Provide IAG Board and Executive with advice on economic, social, environmental and cultural issues that may impact IAG's standing within the communities in which it operates. This may include matters that are referred from within IAG for advice or comment or discussions initiated by members of the Expert Community Advisory Committee.
- Advise ways to create a paradigm that simultaneously delivers beneficial outcomes to shareholders and the community at large - an alignment of sustainable development and corporate responsibility.
- Advise on new significantly altered social and environmental report content; in particular provide advice and counsel on the draft IAG sustainability report before submission to the IAG Executive.
- Devise and agree a third party statement from the Expert Community Advisory Committee for inclusion in IAG's Sustainability Report.
- Assist IAG to shape Key Performance Indicators and targets with respect to sustainability while recognising the constraints of short term imperatives.
- Make sure IAG does not avoid difficult or uncomfortable issues while acknowledging that trade off will sometimes be necessary in the light of conflicts and competing interests.
Membership
The Committee comprises seven external members and five IAG senior executives.
The IAG members are:
- David Issa, Chief Executive Officer, Personal Insurance
- Nick Hawkins, Chief Executive Officer, New Zealand
- Mario Pirone, Chief Executive Officer, CGU
- Sam Mostyn, Group Executive, Culture and Reputation
- Jacqueline Johnson, Chief Executive Officer, Business Partnerships
Lynette Thorstensen, Group Head, Sustainable Business Practices, sits as an ex-officio member.
Community based members were not selected to represent specific stakeholder groups but bring a range of community interests and professional experience and expertise to the Committee. While invitations were not extended to specifically ensure a complete geographical coverage, there is a mix of geographical areas represented.
The external members are:
Yvonne Grant – Chair, IAG Expert Community Advisory Committee
Ms Grant is a distinguished lawyer who has expertise in company law, corporate finance and public interest matters. She has acted as a magistrate and has served on the NSW Fair Trading Tribunal, the Victims Compensation Tribunal and as a Member of the Operations Review Committee of the Independent Commission Against Corruption (ICAC). For almost a decade, Ms Grant served as a member of numerous professional Health Boards. Ms Grant has an outstanding background across a wide range of community concerns including in a number of voluntary capacities.
Sharon Moore
Professor Moore is a Professor of Sustainable Business Studies, Sydney Graduate School of Management (SGSM), University of Western Sydney. Sharon is an international leader in Triple Bottom Line approaches, a Sustainable Business strategist, academic and researcher. Professor Moore’s 25 year career spans public affairs and business development to corporate social responsibility, in Chief Executive and Board Directorship roles.
Professor Moore has authored 90 publications on sustainable business, globalisation and business strategy, government relations and public affairs, and new sustainability and stakeholder approaches.
Warren Mundine
Mr Mundine is Chief Executive Officer of NSW Native Title Services Ltd, National President of the Australian Labor Party, the Chair of NSW Labor's Indigenous Policy Committee and a Board member of the National Aboriginal Islander Skills Development Association (NAISDA) College. Mr Mundine is a former Deputy Mayor of Dubbo, Commissioner of the NSW Local Government Grants Commission and State Board member of the NSW Police & Community Youth Clubs (PCYC). He has been awarded the Centenary Medal for services to the community and Local Government as well as Honorary Life Membership of the NSW Local Government Aboriginal Network.
Peter Grabosky
Professor Grabosky is a Professor in the Regulatory Institutions Network (REGNET) of the Research School of Pacific and Asian Studies, at the Australian National University. He was previously Deputy Director of the Australian Institute of Criminology, where he worked from 1983 to 2001. Professor Grabosky holds a PhD in Political Science from Northwestern University, and has written extensively on criminal justice, regulation, and public policy.
Hayden Raysmith
Mr Raysmith is an expert on civil society and social capital concerns, and is the founding Chairman of Australia’s first independent community foundation, the Melbourne Community Foundation and Chairs the Board of The Abbotsford Convent Arts & Cultural precinct. Professor Raysmith was the first Director of Youth Affairs for the Victorian Government followed by a five year stint as the Director of Public Health in Victoria. Professor Raysmith is also a former Director of the Victorian Council of Social Service (VCOSS) and is currently involved in the development of social, economic, environmental, cultural and governance indicators.
Simon Divecha
Mr Divecha is Director of GreenMode, former CEO South Australian Conservation Council, and former senior campaigner with Greenpeace Australia. Mr Divecha is a well respected environmentalist known for his ability to liaise with all sectors of society in producing powerful outcomes. His current work focuses on building environmental businesses, such as through the recently announced Solar City project in South Australia. Mr Divecha is an elected member of the Council of the Australian Conservation Foundation.
Lyn Mayes
Ms Mayes is a Director of Mad World Ltd which is a supply chain and issues management consultancy of which the primary focus is sustainable development. Clients include the New Zealand Business Council for Sustainable Development; Packaging Council NZ; local and national government departments; small and medium sized companies as well as multinational corporations. Ms Mayes has over 20 years’ industry experience across supply chain management, mergers and acquisitions and public affairs and is committed to sustainability reporting both as a writer, commentator and judge. Ms Mayes has a MA in modern languages from Trinity College, Oxford.
Consideration will be given on how to best accommodate representation of IAG's international operations. This may involve an expansion of the committee.
Sitting fees, allowances and expenses
Committee members have agreed that to preserve the integrity of process nominal fees only should be paid. Members have accepted a sitting fee consistent with the Federal Government's Remuneration and Allowances for Office Holders - category 1 committees.
- Chairperson $320 per Diem
- Member $240 per Diem.
All travel and accommodation expenses will be met by IAG.
IAG stewardship
Lynette Thorstensen as Group Head, Sustainable Business Practices will work with the Chair to manage the committee's program.
IAG Expert Community Advisory Committee (ECAC) Statement
The 2007 ECAC Statement can be found in this year’s Sustainability Report.
