Loading rankings...
NZX-listed companies ranked by Governance Risk Score (GRS v2.0). Scored across 6 dimensions including board structure, executive remuneration, and shareholder rights.
Updates weekly · 119 companies
| # | Ticker | Company | Sector | GRS Score | Rating | Board Structure | Shareholder Rights |
|---|---|---|---|---|---|---|---|
| 1 | AIA | Auckland International Airport Limited | Industrials | 88.3 | Excellent | 24.0 | 20.0 |
| 2 | NZX | NZX Limited | Financials | 86.9 | Excellent | 19.0 |
Data sourced from publicly available NZX filings and annual reports. Our datasets may not be complete. Automated analysis can produce errors. Scores are calculated using disclosed methodology and are analytical tools, not investment ratings or recommendations. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz.
For informational purposes only. Not investment advice.
Last updated: 26 June 2026.
| 20.0 |
| 3 | SPG | Stride Property Limited | Real Estate | 86.2 | Excellent | 21.0 | 20.0 |
| 4 | KPG | Kiwi Property | Real Estate | 86.2 | Excellent | 23.0 | 20.0 |
| 5 | MCY | Mercury NZ Limited | Utilities | 85.5 | Excellent | 23.0 | 20.0 |
| 6 | PHL | Promisia Healthcare Limited | Healthcare | 85.5 | Excellent | 23.0 | 20.0 |
| 7 | FBU | Fletcher Building | Materials | 84.8 | Excellent | 23.0 | 20.0 |
| 8 | AFI | Australian Foundation Investment Company Limited | Financials | 82.8 | Excellent | 20.0 | 20.0 |
| 9 | CNU | Chorus Limited | Communication Services | 81.4 | Excellent | 22.0 | 20.0 |
| 10 | OCA | Oceania Healthcare Limited | Healthcare | 81.4 | Excellent | 20.0 | 20.0 |
| 11 | GNE | Genesis Energy Limited | Utilities | 81.4 | Excellent | 22.0 | 20.0 |
| 12 | PEB | Pacific Edge Limited | Healthcare | 80.0 | Excellent | 19.0 | 20.0 |
| 13 | BLT | BLIS Technologies Limited | Consumer Staples | 80.0 | Excellent | 21.0 | 20.0 |
| 14 | VNT | Ventia Services Group Limited | Industrials | 80.0 | Excellent | 18.0 | 20.0 |
| 15 | CHI | Channel Infrastructure NZ Limited | Energy | 80.0 | Excellent | 24.0 | 20.0 |
| 16 | KMD | KMD Brands Limited | Consumer Discretionary | 79.3 | Very Good | 24.0 | 20.0 |
| 17 | PCT | Precinct Properties New Zealand Limited | Real Estate | 79.3 | Very Good | 22.0 | 20.0 |
| 18 | STU | Steel & Tube Holdings Limited | Materials | 79.3 | Very Good | 24.0 | 20.0 |
| 19 | MFB | My Food Bag Group Limited | Financials | 78.6 | Very Good | 19.0 | 20.0 |
| 20 | SAN | Sanford Limited | Consumer Staples | 78.6 | Very Good | 20.0 | 20.0 |
| 21 | NPH | Napier Port Holdings Limited | Industrials | 78.6 | Very Good | 18.0 | 20.0 |
| 22 | SPN | South Port New Zealand Limited | Industrials | 78.6 | Very Good | 19.0 | 20.0 |
| 23 | SUM | Summerset Group Holdings Limited | Healthcare | 77.9 | Very Good | 23.0 | 20.0 |
| 24 | RYM | Ryman Healthcare Limited | Healthcare | 77.9 | Very Good | 22.0 | 20.0 |
| 25 | AFT | AFT Pharmaceuticals Limited | Healthcare | 77.2 | Very Good | 20.0 | 20.0 |
| 26 | SEK | Seeka Limited | Consumer Staples | 77.2 | Very Good | 19.0 | 20.0 |
| 27 | ALF | Allied Farmers Limited | Financials | 76.5 | Very Good | 21.0 | 19.0 |
| 28 | CDI | CDL Investments New Zealand Limited | Real Estate | 76.5 | Very Good | 20.0 | 20.0 |
| 29 | EBO | EBOS Group Limited | Healthcare | 76.5 | Very Good | 23.0 | 20.0 |
| 30 | PFI | Property for Industry Limited | Real Estate | 76.5 | Very Good | 19.0 | 20.0 |
| 31 | WHS | The Warehouse Group Limited | Consumer Discretionary | 76.5 | Very Good | 19.0 | 20.0 |
| 32 | BFG | Burger Fuel Group Limited | Consumer Discretionary | 75.9 | Very Good | 17.0 | 20.0 |
| 33 | SKT | Sky Network Television Limited | Communication Services | 75.9 | Very Good | 19.0 | 16.0 |
| 34 | SKL | Skellerup Holdings Limited | Industrials | 75.9 | Very Good | 17.0 | 20.0 |
| 35 | THL | Tourism Holdings Limited | Consumer Discretionary | 75.9 | Very Good | 16.0 | 20.0 |
| 36 | MFT | Mainfreight Limited | Industrials | 75.9 | Very Good | 15.0 | 20.0 |
| 37 | AIR | Air New Zealand | Industrials | 75.2 | Very Good | 24.0 | 20.0 |
| 38 | AOF | AoFrio Limited | Financials | 75.2 | Very Good | 24.0 | 20.0 |
| 39 | APL | Asset Plus | Real Estate | 75.2 | Very Good | 19.0 | 20.0 |
| 40 | FPH | Fisher & Paykel Healthcare Corporation Limited | Healthcare | 75.2 | Very Good | 16.0 | 20.0 |
| 41 | SCT | Scott Technology Limited | Industrials | 75.2 | Very Good | 10.0 | 20.0 |
| 42 | RUA | Rua Bioscience Limited | Healthcare | 75.2 | Very Good | 18.0 | 20.0 |
| 43 | ATM | The a2 Milk Company Limited | Consumer Staples | 75.2 | Very Good | 21.0 | 20.0 |
| 44 | MKR | Manuka Resources Limited | Materials | 74.5 | Very Good | 15.0 | 20.0 |
| 45 | RAD | Radius Residential Care Limited | Healthcare | 74.5 | Very Good | 15.0 | 20.0 |
| 46 | SCL | Scales Corporation Limited | Industrials | 74.5 | Very Good | 15.0 | 20.0 |
| 47 | ERD | EROAD | Industrials | 73.8 | Very Good | 16.0 | 20.0 |
| 48 | MEE | Me Today Limited | Consumer Staples | 73.8 | Very Good | 17.0 | 20.0 |
| 49 | SPK | Spark New Zealand Limited | Communication Services | 73.8 | Very Good | 20.0 | 20.0 |
| 50 | GEN | General Capital Limited | Financials | 73.1 | Very Good | 16.0 | 20.0 |
| 51 | RBD | Restaurant Brands New Zealand Limited | Consumer Discretionary | 73.1 | Very Good | 13.0 | 20.0 |
| 52 | ARG | Argosy Property Limited | Real Estate | 72.4 | Very Good | 18.0 | 20.0 |
| 53 | AGL | Accordant Group Limited | Utilities | 72.4 | Very Good | 20.0 | 16.0 |
| 54 | TGG | T&G Global Limited | Consumer Staples | 71.7 | Very Good | 13.0 | 20.0 |
| 55 | BGP | Briscoe Group Limited | Consumer Discretionary | 71.0 | Very Good | 18.0 | 20.0 |
| 56 | SKO | Serko Limited | Industrials | 71.0 | Very Good | 18.0 | 20.0 |
| 57 | WIN | Winton Land Limited | Real Estate | 71.0 | Very Good | 12.0 | 20.0 |
| 58 | HGH | Heartland Group Holdings Limited | Financials | 70.3 | Very Good | 22.0 | 16.0 |
| 59 | TAH | Third Age Health Services Limited | Consumer Discretionary | 70.3 | Very Good | 18.0 | 20.0 |
| 60 | TWR | Tower Limited | Financials | 70.3 | Very Good | 19.0 | 18.0 |
| 61 | CEN | Contact Energy Limited | Utilities | 70.3 | Very Good | 14.0 | 20.0 |
| 62 | MPG | Metro Performance Glass | Real Estate | 70.3 | Very Good | 10.0 | 20.0 |
| 63 | FRW | Freightways Group Limited | Industrials | 69.7 | Good | 17.0 | 20.0 |
| 64 | DOW | Downer EDI Limited | Industrials | 69.7 | Good | 21.0 | 16.0 |
| 65 | GTK | Gentrack Group Limited | Information Technology | 69.7 | Good | 18.0 | 16.0 |
| 66 | TWL | TradeWindow Holdings Limited | Industrials | 69.7 | Good | 18.0 | 16.0 |
| 67 | MCK | Millennium & Copthorne Hotels New Zealand Limited | Consumer Discretionary | 69.0 | Good | 12.0 | 20.0 |
| 68 | IFT | Infratil Limited | Utilities | 69.0 | Good | 21.0 | 17.0 |
| 69 | TRU | TRUSCREEN GROUP LIMITED | Industrials | 69.0 | Good | 18.0 | 16.0 |
| 70 | BPG | Black Pearl Group Limited | Information Technology | 68.3 | Good | 19.0 | 14.0 |
| 71 | BRW | Bremworth Limited | Consumer Discretionary | 68.3 | Good | 18.0 | 20.0 |
| 72 | MHJ | Michael Hill International Limited | Consumer Discretionary | 68.3 | Good | 14.0 | 20.0 |
| 73 | SVR | Savor Limited | Consumer Staples | 68.3 | Good | 13.0 | 20.0 |
| 74 | GXH | Green Cross Health Limited | Healthcare | 67.6 | Good | 12.0 | 20.0 |
| 75 | ANZ | ANZ Group Holdings Limited | Financials | 67.6 | Good | 25.0 | 6.0 |
| 76 | AFC | AFC Group Holdings Limited | Financials | 66.9 | Good | 17.0 | 20.0 |
| 77 | PYS | PaySauce Limited | Information Technology | 66.9 | Good | 17.0 | 17.0 |
| 78 | MOV | MOVE Logistics Group Limited | Industrials | 66.9 | Good | 14.0 | 16.0 |
| 79 | WCO | WasteCo Group Limited | Industrials | 66.9 | Good | 13.0 | 20.0 |
| 80 | HLG | Hallenstein Glasson Holdings Limited | Consumer Discretionary | 66.2 | Good | 17.0 | 17.0 |
| 81 | IKE | ikeGPS Group Limited | Materials | 66.2 | Good | 12.0 | 20.0 |
| 82 | POT | Port of Tauranga Limited | Industrials | 66.2 | Good | 10.0 | 20.0 |
| 83 | CCC | Cooks Coffee Company Limited | Consumer Staples | 65.5 | Good | 14.0 | 20.0 |
| 84 | FCG | Fonterra Co-operative Group Limited | Consumer Staples | 65.5 | Good | 19.0 | 17.0 |
| 85 | MEL | Meridian Energy Limited | Utilities | 65.5 | Good | 14.0 | 20.0 |
| 86 | SMI | Santana Minerals Ltd | Materials | 65.5 | Good | 14.0 | 20.0 |
| 87 | VCT | Vector Limited | Utilities | 64.8 | Good | 13.0 | 20.0 |
| 88 | FWL | Foley Wines Limited | Consumer Staples | 64.1 | Good | 12.0 | 20.0 |
| 89 | RTO | RTO Limited | Information Technology | 64.1 | Good | 14.0 | 16.0 |
| 90 | GNZ | Goodman NZ | Real Estate | 64.1 | Good | 20.0 | 13.0 |
| 91 | VSL | Vulcan Steel Limited | Materials | 64.1 | Good | 13.0 | 20.0 |
| 92 | 2CC | 2 Cheap Cars Group Limited | Financials | 62.8 | Good | 14.0 | 16.0 |
| 93 | IPR | Iperion Limited | Real Estate | 62.8 | Good | 15.0 | 20.0 |
| 94 | SML | Synlait Milk Limited | Consumer Staples | 62.8 | Good | 10.0 | 20.0 |
| 95 | LIC | Livestock Improvement Corporation Limited | Financials | 62.1 | Good | 23.0 | 4.0 |
| 96 | CMO | The Colonial Motor Company Limited | Consumer Discretionary | 61.4 | Good | 13.0 | 17.0 |
| 97 | BAI | Being AI | Healthcare | 61.4 | Good | 10.0 | 16.0 |
| 98 | NZK | New Zealand King Salmon Investments Limited | Consumer Staples | 60.7 | Good | 14.0 | 20.0 |
| 99 | FSF | Fonterra Shareholders' Fund | Consumer Staples | 60.0 | Good | 14.0 | 17.0 |
| 100 | ARB | ArborGen Holdings Limited | Industrials | 60.0 | Good | 19.0 | 14.0 |
| 101 | TRA | Turners Automotive Group | Consumer Discretionary | 59.3 | Adequate | 13.0 | 16.0 |
| 102 | WBC | Westpac Banking Corporation | Financials | 57.2 | Adequate | 18.0 | 9.0 |
| 103 | ENS | Enprise Group Limited | Information Technology | 56.5 | Adequate | 16.0 | 9.0 |
| 104 | NZM | NZME Limited | Communication Services | 56.5 | Adequate | 17.0 | 4.0 |
| 105 | SDL | Solution Dynamics Limited | Consumer Discretionary | 55.2 | Adequate | 14.0 | 13.0 |
| 106 | NTL | New Talisman Gold Mines Ltd | Industrials | 53.1 | Adequate | 20.0 | 2.0 |
| 107 | DGL | Delegat Group Limited | Consumer Staples | 51.7 | Adequate | 19.0 | 2.0 |
| 108 | SKC | SkyCity Entertainment Group Limited | Consumer Discretionary | 51.7 | Adequate | 13.0 | 11.0 |
| 109 | MEX | Minerals Exploration Limited | Materials | 50.3 | Adequate | 18.0 | 2.0 |
| 110 | VGL | Vista Group International Limited | Information Technology | 46.2 | Poor | 18.0 | 4.0 |
| 111 | RAK | Rakon Limited | Information Technology | 42.8 | Poor | 13.0 | 2.0 |
| 112 | PGW | PGG Wrightson Limited | Industrials | 42.1 | Poor | 20.0 | 2.0 |
| 113 | CRP | Chatham Rock Phosphate Limited | Industrials | 42.1 | Poor | 15.0 | 6.0 |
| 114 | CVT | Comvita Limited | Industrials | 42.1 | Poor | 14.0 | 2.0 |
| 115 | VHP | Vital Healthcare Property Trust | Real Estate | 39.3 | Very Poor | 17.0 | 2.0 |
| 116 | UVA | Uvre Limited | Materials | 32.9 | Very Poor | 20.0 | 0.0 |
| 117 | LOC | Locate Technologies Limited | Information Technology | 25.7 | Very Poor | 18.0 | 0.0 |
| 118 | TCM | Taiko Critical Minerals Limited | Materials | 17.1 | Very Poor | 12.0 | 0.0 |
| 119 | RGI | Rua Gold Inc | Materials | 17.1 | Very Poor | 12.0 | 0.0 |