| Modern slavery is a global phenomenon, with 40.3 million victims and $354 billion at-risk products imported by G20 countries in one year alone, according to estimates by the Walk Free Foundation (2018). Australia has historically been complicit in this problem – both as an importer of suspect products and components, and as a host of modern slavery practices. According to the Australian Border Force, 1567 victims of modern slavery were reported in Australia from 2015 to 2017. In 2018, amid increasing public concern about the prevalence of modern slavery, the Australian Parliament passed a new law – the Modern Slavery Act – requiring large Australian companies to identify and report on risks of modern slavery practices in their operations and supply chains. This report by researchers at the Monash Centre for Financial Studies (MCFS) evaluates the disclosure quality of modern slavery statements submitted by the largest companies listed on the Australian Securities Exchange (ASX300) for FY2020 under the requirements of the Act. The report expands upon a related research project conducted in 2021 by MCFS, which was confined to ASX100 companies. |
On 24 February 2022, Russia invaded Ukraine sending shockwaves around the world and creating a humanitarian crisis. According to UN estimates, by 25 April, more than 5.2 million people had fled the country. This guide provides practical guid...Read More
This briefing provides information on the risks and implications of forced labour in company operations and supply chains. It highlights the role for investor engagement in addressing this global problem. ...Read More
This report was researched and written by Chloe Setter, Emiel Coltof, Aisling Ledwith, Nyonsuabeleah Kollue, and Abigail Munroe. Cracks in the System is a new report from Lumos that is the first of its kind to systematically explore the links be...Read More
Since 2013, the number of British nationals referred into the National Referral Mechanism (NRM) as potential victims of modern slavery has increased year on year, rising from 90 in 2013 to 3,952 in 2021. These figures include potential adult and chi...Read More
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