| 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. |
This Guide is designed to assist businesses participating in the Bali Process Government and Business Forum with practical examples to implement the AAA Recommendations (2018). This Guide is not designed to be prescriptive or exhaustive, but rather ...Read More
Since May 2020, MMC Asia has been interviewing Rohingya and Bangladeshis residing in Malaysia, to better understand their migration experiences and protection needs under the impact of the COVID-19 pandemic. This snapshot focuses on the day-to-day i...Read More
The Welsh Government is committed to ensuring workers are treated fairly and with respect and to making Wales hostile to slavery. The Code of Practice – Ethical Employment in Supply Chains is designed to help ensure workers in public sector supply...Read More
This paper reviews banks’ responsibilities and provides suggestions and recommendations for how banks can develop and implement effective operational-level grievance mechanisms that will be legitimate, trusted and meet their responsibilities under ...Read More
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