| 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. |
These guidelines are part of Fair Labor Associations's (FLA) Central America Project. The Central America Project was launched in collaboration with FLA Participating Companies- including Adidas Group, Nike, Inc., Gildan, Liz Claiborne, and PVH Corp...Read More
The Uyghur Forced Labor Prevention Act (UFLPA), signed into law on December 23, 2021, reinforces the United States’ policy to strengthen the prohibition against the importation of goods made with forced labor. The UFLPA ensures support f...Read More
Pasos Libres, the Global Initiative against Transnational Organized Crime, the Responsible and Ethical Private Sector Coalition against Trafficking (RESPECT), the International Labour Organization (ILO) and partners invi...Read More
This report is based largely on interviews with garment suppliers, social compliance auditors, and garment industry experts, including those with at least a decade’s experience sourcing for numerous global brands; hundreds of interviews with worke...Read More
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