| 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. |
Domestic workers are often partially or fully excluded from national labour laws and related protections. The lack of comprehensive legal protection for domestic workers means employment contracts play a critical role in establishing protections of ...Read More
An increasingly interconnected world has led to sprawling supply chains across the globe. But what is the human cost of increasing consumer demands for fresh produce year-round, fast fashion, and flashy gadgets? For those held in forced labor in sup...Read More
First released in November 2017, the Issara Worker Voice-Driven Ethical Recruitment Toolkit has been expanded and updated through the years to meet the needs of suppliers and recruitment agencies in South and Southeast Asia. This new October 2022 v...Read More
This practical guide leverages the lessons of regulatory compliance to illustrate how global businesses can manage human rights risks effectively, with a particular focus on modern slavery. This guide provides a quick reference for corporate director...Read More
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