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Showing 1 - 10 of 78 results for "Modern Slavery Act"

ASX100 slavery disclosure strong

ROSE MARY PETRASS  |  THURSDAY, 28 NOV 2024  |  NEWS
... on labour rights abuses improved significantly since they were made mandatory in 2020 under The Commonwealth Modern Slavery Act 2018. It's part of a broader push to clamp down on poor practices with NSW setting up the first Anti-Slavery Commission ...

Supermarket giants lead anti-slavery efforts

ROSE MARY PETRASS  |  FRIDAY, 15 NOV 2024  |  NEWS
... Investors began by sending a statement on the need for companies to go beyond compliance with the Australian Modern Slavery Act, sent to ASX200 companies. This led to a small number of individual company engagements. Engagement with focus companies continues ...

Ausbil steps up slavery crackdown

ROSE MARY PETRASS  |  MONDAY, 4 NOV 2024  |  NEWS
... the Experts Advisory Panel on Modern Slavery, assisting the Federal Government in the implementation of the Modern Slavery Act.

Rural slavery risk raises ESG alarm

ROSE MARY PETRASS  |  MONDAY, 23 SEP 2024  |  NEWS
... chains, as any company with slavery in its supply chain may be implicated in the crime itself. While the NSW Modern Slavery Act previously fined companies up to $1.1 million for non-compliance, the only consequence now is reputational harm. In January ...

Help on the way for hidden supply chain slavery

ROSE MARY PETRASS  |  MONDAY, 2 SEP 2024  |  NEWS
... However, any company with slavery in its supply chain may be implicated in modern slavery crimes itself. "When the Modern Slavery Act talks about a product of modern slavery, it means that modern slavery at any point in the supply chain renders any downstream ...

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... period of regulator-only enforcement. We trust ASIC to take action based on the public interest." Much like the Modern Slavery Act, the government will conduct a review of climate disclosure requirements 2028-29. The review will be led by Treasury, working ...

ASX100 improving on modern slavery disclosure

RACHEL ALEMBAKIS  |  MONDAY, 11 DEC 2023  |  NEWS
The modern slavery reporting quality of ASX100 companies has improved "substantially", with 40% of 2022 statements reviewed by Monash Business School's Centre for Financial Studies receiving an A and 23% a B. The Centre for Financial Studies has released ...

Government introduces anti-slavery commissioner legislation

RACHEL ALEMBAKIS  |  FRIDAY, 1 DEC 2023  |  NEWS
... anti-slavery commissioner. The Modern Slavery Amendment (Australian Anti-Slavery Commissioner) Bill 2023 amends the Modern Slavery Act 2018 to "establish the core functions of the anti-slavery commissioner, including engaging and supporting victims and ...

FS Sustainability launches ESG Power50 nominations

RACHEL ALEMBAKIS  |  MONDAY, 13 NOV 2023  |  NEWS
... the federal government announced plans to make climate reporting mandatory from 1 July 2024, a review of the Modern Slavery Act recommended meaningful reforms to enhance protections of human rights and Treasury announced a long-anticipated sustainable ...

NSW Anti-slavery commissioner raises alarm on ASX risk

RACHEL ALEMBAKIS  |  THURSDAY, 19 OCT 2023  |  NEWS
... https://www.fssustainability.com.au/asx-200-modern-slavery-disclosure-lags Compliance without ambition: Taking stock of ASX200 reporting under Australia's Modern Slavery Act, a report produced by Pillar Two. It describes analysis of ASX200 companies ...
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