A rise in Australian modern slavery disclosure reporting standards
The Monash Centre for Financial Studies, part of Monash Business School, conducted an annual assessment revealing that over half of Australia's ASX100 companies have received an A grade for their Modern Slavery reporting. This marks a significant improvement since the introduction of reporting obligations in 2020.
The report highlights that companies are increasingly taking active measures to address modern slavery in their supply chains, with many opting to work through issues rather than terminate relationships.
The report underscores improvements in governance, risk assessment, supplier due diligence, and collaboration, with the utilities and real estate sectors leading in disclosure quality.
Read the full article in Monash News
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