| 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 digital environment is an integral part of today’s society. While we must recognise and celebrate the ways in which it facilitates and strengthens access to rights for children, we cannot ignore the increased risks to the child’s right to pr...Read More
In recent years a number of improvements regarding policy development in combating trafficking in human beings have taken place in South-Eastern Europe. One of the main open issues in relation to the development and revision of national responses to...Read More
Decent work cannot exist where modern slavery and child labour persist. Forced labour, modern slavery and child labour are complex problems associated with poverty, governance failures and inequalities in the global labour market. Tackling them requ...Read More
Illicit Massage Businesses (IMBs) use the cover of a legitimate service to engage in prostitution and often human trafficking, by using force, fraud or coercion to compel the women working there to provide sexual services to the buyers who patronize...Read More
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