| 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 toolkit aims to help companies that work in corporate supply chains to quickly identify areas of their business which carry the highest risk of modern slavery and develop a simple plan to prevent and address any identified risks. It is designed...Read More
This study drew on a conceptual framework on trafficking and health that highlights the potential health influences of each of the phases of the migration process and their importance to the cumulative health status of individuals who are trafficked...Read More
The international community clearly faces an immense challenge in honouring the global commitment made in Target 8.7 of the Sustainable Development Goals to end all forms of forced labour by 2030 and to end the forced labour of children, along with ...Read More
The participation of modern slavery survivors in program development, implementation, and evaluation is crucial to anti-slavery efforts. Working with survivor activists to shape programs based on their lived experience results in developing and...Read More
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