| 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. |
The National Child Labour Survey 2013 estimated that Bangladesh is home to 3.45 million working children, including 1.28 million engaged in hazardous labour. Low commitment from the Ministry of Labour and Employment to tackling hazardous child labou...Read More
Labour migration may benefit employers and workers, and across the world recruitment agencies play an important role in matching migrant workers with available jobs. However, while the cost of recruitment of higher skilled migrant workers tends to b...Read More
Evaluations of programmes designed to combathuman trafficking and modern slavery identifysome aspects of ‘What Works;’ however, theirsuccess to date have been limited. Amendmentsto funding mechanisms, notably longer timelines,would improve the e...Read More
Prepared by Pekka Ylinen, Anniina Jokinen, Anna-Greta Pekkarinen, Natalia Ollus, and Katja-Pia Jenu. Identifying and investigating labour exploitation and trafficking is a challenging task. These are often international crimes in which migrant wo...Read More
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