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Showing 1 - 10 of 79 results for "Modern Slavery Act"

Investors called on to help end modern slavery

ELIZA BAVIN  |  THURSDAY, 3 APR 2025  |  NEWS
... response to forced labour and modern slavery and called on ACSI attendees to help. Evans said while Australia's Modern Slavery Act has some "weaknesses", company directors have started having open discussions about the issue. "I now have very engaged ...

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 ...
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Editor's Choice

AGL mulls sale of Tilt Renewables

JAMIE WILLIAMSON
AGL Energy has confirmed it is considering selling its 20% stake in the wind and solar energy generator.

Nuveen eyes green loans in local RE strategy

MATTHEW WAI
Following its first close in December, Nuveen's Australian commercial real estate debt strategy, which has a focus on responsible investing, has received $300 million from the Canadian Pension Plan Investment Board (CPP Investments) on its second close.

Wollemi Capital buys renewables platform

JAMIE WILLIAMSON
The climate-focused investment firm will pay $19 million for MPower Group's renewable energy and battery storage business after the latter faced challenges in securing funding.

Podcast: Measuring nature assets in portfolios

THE GREENER WAY
In this episode of The Greener Way, host Michelle Baltazar discusses the transition to nature-positive investment portfolios with Lucian Peppelenbos, climate and biodiversity strategist at Robeco.

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