| 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. |
Funded by the Global Partnership to End Violence against Children, through its Safe Online initiative, ECPAT International, INTERPOL and UNICEF Office of Research – Innocenti worked in partnership to design and implement a multifaceted research pr...Read More
This guidance is aimed at competent authority staff in any part of the UK who make decisions on whether or not an individual is a potential victim/victim of modern slavery for the purpose of the National Referral Mechanism (NRM) – wherever in the ...Read More
In the face of shifting labour market trends within both the Middle East region and the construction sector, the ILO and IOE have identified the need for specialized resources that allow enterprises to develop internal policies and procedures that s...Read More
Over the past decade, businesses have in many ways improved their efforts to pro- mote human rights through sustainability measures. Simultaneously, political interest in strengthening corporate social responsibility has increased along with un...Read More
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