Modern slavery exists worldwide and has a devastating impact on individuals, businesses, and society as a whole.
Worldwide governments, consumers, investors and financiers are stepping up to address the issue and hold businesses to account. Adopting and implementing a program to manage modern slavery risk is now a necessary part of doing business.
At the end of the first year of modern slavery reporting in Australia, over 2,000 modern slavery statements have been lodged and uploaded to the modern slavery register, covering more than 4,400 reporting entities.
It is timely to reflect on the learnings of year one and determine what is required in year two and beyond. How do you move on from identifying your modern slavery risk and developing your risk framework to implementing your commitments and remediating specific risks identified?
In this discussion you will learn:
- Key reporting trends and learnings from year one
- Where and how businesses can improve their reporting in the future
- How to identify and address modern slavery risks within your supply chain
- What do you do if you find risk in your supply chain?
- How do you prioritise remediation efforts?
- Where to from here? Practical steps for identifying and addressing modern slavery risks as you prepare your second Modern Slavery Statement
Rose Zhi Hui