| 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. |
In 2021, the number of people referred to the UK Government’s system of identification and support, the National Referral Mechanism (NRM), stood at 12,727. Of those, only 2,866 were given a Positive Conclusive Grounds decision, conf...Read More
Starting from the identification of gaps and barriers in the effective protection of trafficked persons, the guide shares promising existing practices in line with a coherent referral to the most appropriate channel of protection securing their righ...Read More
The checklist identifies 14 criteria for companies and governments to assess the extent to which their security frameworks are attentive to and protective of children’s rights. The check- list indicates whether each criterion is applicable to compa...Read More
In today’s globalized economy, the issue of international labor migration in supply chains is one of the most critical – yet largely unexplored – issues for our member companies and all businesses operating globally. Labor migrants now repr...Read More
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