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In this context, we recognise that risk means the risk to people who may be subject to modern slavery practices. While the reputational risk or financial risk to ACSI intersects with risk to people, in the context of modern slavery reporting, it is a secondary consideration.How is modern slavery being reported in Australia?
The report, Moving from paper to practice: ASX200 reporting under Australia’s Modern Slavery Act, is a snapshot of key reporting trends among 151 ASX 200 companies. It identifies areas where reporting can be improved and covers the practical steps businesses have taken to mitigate modern slavery risks in their operations and supply chains.Is there room for improvement on modern slavery risk reporting?
In the first year of compulsory modern slavery reporting, most companies have complied with the minimum requirements, but there is room for more meaningful reporting to avoid promoting a ‘race to the middle’, a new study ACSI commissioned has found.Which is the best guide for modern slavery?
The Australian Council of Superannuation Investors (ACSI) guide offers practical support to businesses on how to understand modern slavery and respond. Corporate responsibility reporting has come a long way in the last decade. Australian companies, however, still fall short of their global peers on human rights reporting.