| 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 strategy sets out the Government’s ambition to prevent, tackle and respond to all forms of child sexual abuse. It focuses on three key objectives which overlap and reinforce one another, recognising the complex, interconnected nature of this ...Read More
The OECD Guidelines for Multinational Enterprises are recommendations addressed by governments to multinational enterprises operating in or from adhering countries. They provide non-binding principles and standards for responsible business conduct in...Read More
Modern slavery is an umbrella term that covers: all situations of exploitation that a person cannot refuse or leave, because of threats, violence, coercion, abuse of power or deception. Modern slavery sits at the extreme end of a spectrum o...Read More
This paper has been produced in an effort to move beyond an oversimplified view of the problem and propose a comprehensive and multi-pronged, preventive strategy aimed at disabling predators and deflating demand. More specifically, the document is i...Read More
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