| 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. |
The Center’s report includes a series of practical recommendations for how clothing brands and retailers can establish more constructive relationships with outsourced suppliers, with the goal of protecting the human rights and economic well-being ...Read More
Over the last few years, research about child sexual exploitation and abuse online has received increased attention, particularly as our lives shifted further online during the Covid-19 pandemic. However, the picture remains decidedly unclear – pa...Read More
The Human Rights Council unanimously endorsed the UN Guiding Principles on Business and Human Rights (UNGPs) in 2011. More than 10 years later, this global standard for how business should respect human rights has driven some positive change. While ...Read More
The armed conflict in Kachin and northern Shan States has largely escaped international attention, despite 2018 findings by the United Nations that the Myanmar military has committed war crimes and crimes against humanity there. The atrocities again...Read More
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