| 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. |
Modern slavery is moving up the political and legislative agenda within the UK, whilst shareholder and investor initiatives on the issue are increasing. Whilst recent global events, such as the war in Ukraine, are further increasing modern slav...Read More
When FIFA awarded the 2022 World Cup to Qatar in 2010, the existence of widespread labour rights abuses was well-documented. FIFA knew, or ought to have known, that the monumental construction work and other services required to host the tournament ...Read More
In Ireland, between 2015 and 2020, 356 people were identified as suspected victims of human trafficking by An Garda Síochána. Of them, approximately 59 per cent were third-country nationals. This study examines the policy and practice in Irelan...Read More
A six step guide to implementing the Employer Pays Principles, in alignment with the UN Guiding Principles on Business and Human Rights. Reflecting the Dhaka Principles for Migration with Dignity, the Employer Pays Principle is a commitment to ensur...Read More
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