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Showing 1 - 10 of 17 results for "Modern Slavery Act"

Combating modern slavery difficult but not impossible: RIAA

KARREN VERGARA  |  MONDAY, 18 MAY 2026
... climate reporting is pre-occupying corporates, the government is undertaking consultation in relation to the Modern Slavery Act, with potential changes to the Act in the future." A new report from the Migrant Justice Institute calls out the superannuation ...

Addressing modern slavery risks more critical than ever: RIAA

KARREN VERGARA  |  THURSDAY, 23 APR 2026
... The first is a mandatory risk-based modern slavery due diligence obligation for reporting entities under the Modern Slavery Act. The second is a mechanism for the commissioner to declare that a product, service or industry carries a high risk of modern ...

Investors called on to help end modern slavery

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
... 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 ...

Treasury releases climate disclosure draft legislation

RACHEL ALEMBAKIS  |  TUESDAY, 16 JAN 2024
... 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 ...

Nominations open in FS Sustainability Power50

RACHEL ALEMBAKIS  |  TUESDAY, 14 NOV 2023
... 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 ...

Modern slavery on the rise a decade on from Rana Plaza

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023
... a significant rise of people in modern slavery over the last five years. In 2020, Australia introduced the Modern Slavery Act and companies have responded with reporting on exposures and risks in their operations and in their supply chains, but experts ...

Top super funds for ESG revealed

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2022
... more comprehensive." Almost 90% of ESG super funds publish a climate position statement, while 82% publish a Modern Slavery Act statement and 73% disclose their investment screening processes. Two-thirds of ESG super funds have explicitly declared a ...

Modern Slavery Act needs strengthening: Panel

RACHEL ALEMBAKIS  |  THURSDAY, 14 APR 2022
Australia's Modern Slavery Act is under review for impact and effectiveness, and investors have a role to play in both potentially strengthening the statutory obligations as well as impacting on an issue that is getting worse globally. A panel of ...

Modern slavery obligations fall by the wayside: ACSI

KARREN VERGARA  |  WEDNESDAY, 21 JUL 2021
... to help inform them about their modern slavery risk management approach to identity vulnerable workers. The Modern Slavery Act (2018) requires companies with revenue of over $100 million to publicly disclose their exposure to modern slavery risks. ACSI ...

FASEA too soft on ethical investing: Advisers

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... responsible investing... then there's ASIC updating its climate change risk disclosure reporting levels and the Modern Slavery Act," she said. "There's this pull from regulatory and this push from climate demand. Larry Fink just announced all of Blackrock's ...
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