Business & government step towards eliminating slavery and human trafficking from supply chains

Modern slavery is big business and some countries are legislating to combat this. The UK Modern Slavery act requires all companies with a turnover more than £36 million ($58 million) to report on efforts eliminate slavery and human trafficking from their supply chains. The Australia Pacific region accounts for about two-thirds of the 45 million people in modern slavery globally. Australia’s supply chains are largely through Asia, creating potential exposure to political and economic impact if slavery is found to be connected with our corporations or our government in any way. The Australian Government is monitoring international best practice, to determine an appropriate response tailored to the Australian context. Read more…