The Commonwealth Department of Home Affairs has released the Modern Slavery Act 2018 Guidance for Reporting Entities. Our document provides a short summary of the Guidance and comments on some of its key aspects.
Download the Summary
Entities meeting the revenue threshold base or operating in Australia are now subject to two new pieces of legislation requiring them to report on the risks of modern slavery in their operations and supply chains and the actions taken to address those risks. Businesses affected by the NSW Legislation can be fined up to $1.1M for non-compliance.
Risk Classification Advice based on your organisation’s legal obligations under the Modern Slavery Acts.
Face to face and virtual business-wide education, training and accredited CPD both internally and with your suppliers.
Comprehensive policy, document and contract review undertaken by lawyers from a human rights-based approach.
Access to cutting edge visibility technology over your supply chain up to Tier 6.
Appropriate action plans, auditing services and the implementation of performance-based metrics.
Advice on and preparation of Modern Slavery Statements from a human rights-based approach.
Kimberly is an experienced, and innovative human rights advocate specialising in modern slavery. Kimberly began her career at top tier law firms in both Australia and the United States and most recently held the role as Senior Director of Corporate and Legal for International Justice Mission Australia. Kimberly is a sought-after expert and speaker in the field of modern slavery and has been called upon to provide evidence for both the NSW and Commonwealth Parliamentary Inquiries into Human Trafficking.
Dr Arne Geschke studied Industrial Mathematics at the University of Hamburg, Germany, and the University of Bath, UK. Arne moved to Australia and commenced this PhD in the field of large-scale global environmental-economic supply-chain assessments at the University of Sydney. During his PhD, Arne significantly advanced the field of in-depth supply chain assessment and input-output analysis with a focus on environmental applications such as carbon accounting and energy policy.
Having developed his skill set in the academic and professional worlds alike, Arne bridges the gap between cutting-edge methodological advancements in supply-chain analysis and applicability in an enterprise environment.
Amber is a subject matter expert in addressing modern slavery with significant leadership experience. Amber was the founding Chief Executive of IJM Australia after returning from Chennai India where she worked as Special Counsel for IJM managing a team of international lawyers and staff combatting forced labour. Amber also has experience as a lawyer prosecuting human trafficking and child sex tourism crimes on behalf of the Australian government and has contributed to the Bali Process on People Smuggling, Trafficking in Persons and Related Transnational Crime.
As the ESG wave builds, lack of quality ESG information is recognised as a key barrier to implementing ESG products. This week Fair Supply Analytics launched an ESG Research Laboratory to transform the quality and breadth of ESG data available. 2020 has proved catalytic in accelerating the shift toward ESG investment. Sustainable funds are increasingly […]
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