| 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 practical guide leverages the lessons of regulatory compliance to illustrate how global businesses can manage human rights risks effectively, with a particular focus on modern slavery. This guide provides a quick reference for corporate director...Read More
Trafficking in human beings is defined as a situation whereby a person’s predicament is used to trap them in an exploitative situation. This can take various forms and occurs in different areas: • Labour exploitation • Sexual exploit...Read More
This guide promotes the use of sentiment analysis as a technique for analyzing the presence of human trafficking in escort ads pulled from the open web. Sentiment analysis of web data is an approach to discern the text writer’s affinity or negativ...Read More
The handbook is the result of years of cooperation between Frontex, border guards, non-governmental agencies and international organisations such as United Nations High Commissioner for Refugees (UNHCR) and International Organization for Migration (...Read More
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