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Showing 1 - 10 of 14 results for "Modern Slavery Act"

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 ...

Recognition for industry leader in fight against slavery

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... better awareness and practice around slavery in the investor community. The awards were the first since the Modern Slavery Act came into effect in Australia at the start of the year. Carlsson-Sweeny's work has seen him visit factories in China, Cambodia ...

Modern slavery rife across sectors: Fund manager

KARREN VERGARA  |  MONDAY, 1 JUL 2019
... another troublesome sector because wages have not kept pace with CPI, he told a recent media briefing. The Modern Slavery Act 2018 was passed in 29 November 2018 and came into force on 1 January 2019, aiming to stamp out practices that include providing ...

Ausbil ESG strategy advances

DARREN SNYDER  |  THURSDAY, 3 JAN 2019
... going to be sustainable over time," Carlsson-Sweeny said. Ausbil strongly supported the recent assent of the Modern Slavery Act in Australia, engaging both the Federal Government and individual businesses. "There are about 40 million people living in ...
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