ESG may be all the rage but a major study KPMG carried out for the ASX shows there is a lot more still to be done.
The mainstreaming of ESG is a welcome development for those of us who have been championing the corporate responsibility to respect human rights for a decade or more.
Understanding the intersection of climate risk and adverse human rights impacts is business critical for investors.
Managing risk to people is a constant and evolving task. It requires a business to apply the same model of continuous improvement that it might to any other risk – plan, do, check, act.
With the introduction of modern slavery legislation in Australia, the responsibility of boards just stepped into another complex area.3
As of 1 January 2019 the clock started for business with directors accountable for annual public modern slavery statements that describe how the business is identifying and managing modern slavery risks
This week in Davos the World Economic Forum is asking itself – what are the most effective levers to put an end to modern slavery? A nuanced, multi-layered response is required.
Even so, human rights violations continue and we now expect more of business, increasingly calling for greater accountability for non-financial risks.