Search Results

Showing 11 - 20 of 67 results for "Modern Slavery Act 2018"

Rural slavery risk raises ESG alarm

ROSE MARY PETRASS  |  MONDAY, 23 SEP 2024  |  NEWS
Investors in rural industries may face reputational and legal risk, as a new report warns 16,400 people are trapped in modern slavery in NSW. Agriculture, horticulture and meat processing in rural and regional areas, as well as labour hire companies ...

Help on the way for hidden supply chain slavery

ROSE MARY PETRASS  |  MONDAY, 2 SEP 2024  |  NEWS
Investors must screen for slavery in supply chains or face reputation risk; help for the sector is on the way in the form of a code of practice from the NSW slavery commissioner. Modern global supply chains are complex, making it difficult to see where ...

Government introduces anti-slavery commissioner legislation

RACHEL ALEMBAKIS  |  FRIDAY, 1 DEC 2023  |  NEWS
Canberra has introduced legislation to establish Australia's first federal anti-slavery commissioner. The Modern Slavery Amendment (Australian Anti-Slavery Commissioner) Bill 2023 amends the Modern Slavery Act 2018 to "establish the core functions ...

FS Sustainability launches ESG Power50 nominations

RACHEL ALEMBAKIS  |  MONDAY, 13 NOV 2023  |  NEWS
FS Sustainability 's ESG Power50 nominations are open for nominations to find the most influential ESG professionals working at ASX-listed companies. Building on the success of the 2023 ESG Power50 list, readers of FS Sustainability along with FS ...

NSW Anti-slavery commissioner raises alarm on ASX risk

RACHEL ALEMBAKIS  |  THURSDAY, 19 OCT 2023  |  NEWS
ASX-listed companies have a higher level of forced labour risk in their operations than other developed countries, according to the NSW independent anti-slavery commissioner. Speaking at the Australian Council of Superannuation Investors (ACSI) Phil ...

Human rights in business remain a challenge

ROSE MARY PETRASS  |  MONDAY, 4 SEP 2023  |  NEWS
More than 7000 Australian businesses have filed modern slavery statements following the implementation of the Modern Slavery Act in 2018. However, broader adherence to the UN Guiding Principles on Business and Human Rights remains a challenge. The expectations ...

NSW Modern Slavery Plan to build prevention capability

ROSE MARY PETRASS  |  THURSDAY, 22 JUN 2023  |  NEWS
The office of the NSW independent anti-slavery commissioner has outlined a three-year strategic plan to identify and eradicate the more than 16,400 estimated instances of modern slavery in the state. NSW independent anti-slavery commissioner James Cockayne ...

Experts evaluate impact of Modern Slavery Act review

RACHEL ALEMBAKIS  |  THURSDAY, 1 JUN 2023  |  NEWS
The proposed reforms to Australia's Modern Slavery Act will serve to improve transparency and enhance focus on remedies and remediation of instances of modern slavery, according to experts. Last week, the Australian government tabled a sweeping review ...

Review recommends significant reforms to Modern Slavery Act

RACHEL ALEMBAKIS  |  FRIDAY, 26 MAY 2023  |  NEWS
A sweeping review of Australia's Modern Slavery Act has recommended the introduction of a mandatory due diligence process for reporting entities, penalties for organisations that don't comply with the act, and the establishment of a federal ...

Is divestment the last resort for modern slavery?

RACHEL ALEMBAKIS  |  THURSDAY, 11 MAY 2023  |  NEWS
Divesting from companies that have direct or indirect exposures to labour exploitation could serve to exacerbate the problem rather than solving it, with the UN special rapporteur on contemporary forms of slavery urging investors to stay engaged. Speaking ...