The Modern Slavery Bill is important because it marks one further step towards the introduction of legislation which will require companies to annually report on how they are addressing the risk of modern slavery in their operations and supply chain.
All businesses, and therefore all investments, have an impact on people and the planet, both positive and negative. Responsible investing seeks to minimise the negative effects generated by business and promote positive impacts, ultimately delivering a healthier economy, society and environment and underpinning a stronger investment outcome.
Thousands of companies in Australia are going to have to consider how they manage the risk of modern slavery in their businesses after Minister Hawke introduced the Modern Slavery Bill 2018 to the floor of the Federal Parliament today.
When I was at school, Australian history started with Abel Tasman in 1642 and Captain Cook in 1770. From our text books these were the “civilised” people who “found” our country – although I always wondered how something could be found if it wasn’t technically “lost” in the first place.