Australia has recently joined other global jurisdictions in passing a Modern Slavery Act 2018 but what does it mean to your business? How does this compare with global trends to crack down on human trafficking?
The Modern Slavery Act was passed in November and as a result of the Government’s commitment to combatting modern slavery, making identifying and alleviating abuses a priority for Australian businesses and international corporations who conduct business in Australia. It received bipartisan support.
Under the Act, business with revenues of AU$100 million upwards must annually disclose information regarding measures taken to address modern slavery.
With no universally agreed upon definition of ‘modern slavery’, identifying its prevalence is quite challenging. By sourcing goods and services internationally, companies may also unwittingly be supporting modern slavery practices.
Join this expert panel to learn more about the new laws, Australia’s attitude to modern slavery and how this might impact your business – or your supply chains.
We are honoured to have the Law Council of Australia’s new president Mr Arthur Moses SC join a distinguished panel which also includes Antony Crockett of Herbert Smith Freehills, Mark Devadason of BSR and Mark Blick of Diginex. The panel will be moderated by Kimberley Cole, co-chair of Austcham’s Sustainability committee who has been spearheading a global campaign to combat modern slavery for several years.