| 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. |
Today over 40 million people are enslaved worldwide. 80% of those rescued from modern slavery, also known as Human Trafficking, will be re-trafficked absent safe employment opportunities. To fight modern slavery and exploitation we need a strategy t...Read More
This Practitioner Guide presents existing research and evidence on the recovery and reintegration of trafficking victims, including challenges faced and practices that can be mobilized to enhance reintegration outcomes. It is part of the NEXUS/RSO P...Read More
This report is aimed at opening up a new front of discussion that looks at how business models create these downward pressures on labour standards and argues that until such models are changed the problems with the Corporate Social Responsibility (C...Read More
The purpose of this guide is to give companies a brief overview on the risks of labour exploitation and demonstrate how the involvement in such scenarios can be avoided. The content is intended to be used as an information and risk management tool, ...Read More
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