Tag Archives: disclosures

Message to Coles, Woolworths: Act now to end modern slavery

The Australian horticultural sector is one of the most at-risk industries for modern slavery.

recent survey by the National Union of Workers among 650 workers found severe underpayments and withholding of wages, excessive overtime, retention of identity documents, threats of and actual physical and sexual violence, and coercive and excessive payments for transport and board.

A group of academics, experts in the area of labour and human rights, modern slavery, and supply chains, have initiated an open letter in which they ask Coles and Woolworths to address labour exploitation and the risk of modern slavery.

Australia’s Modern Slavery Act requires businesses to report yearly on the risks of modern slavery in their operations and supply chains, the actions taken in response, and the effectiveness of these actions. The first reporting cycle started on July 1.

Unfortunately, although companies and consumers are increasingly aware that modern slavery exists, it is a phenomenon that is often dismissed or misunderstood.

Continue reading Message to Coles, Woolworths: Act now to end modern slavery

How can a Bank Win a Sustainability Award While Funding a Coalmine?

Westpac was named the most sustainable company in the world in 2014, and the most sustainable bank in the world for the 10th time in 2017, an honour previously bestowed on ANZ six times in seven years.

Commonwealth Bank and NAB have likewise been recognised as the most sustainable business in Australia and a global industry leader in sustainability respectively.

Glossy sustainability reports with images of hands cradlings sprouting plants illustrate this carefully cultivated image of responsible corporate citizenship.

Continue reading How can a Bank Win a Sustainability Award While Funding a Coalmine?

Legislation to Combat Slavery and Trafficking in Supply Chains

Catalyst Australia researcher Martijn Boersma speaks to 2SER host Annamarie Reyes about exploitation in supply chains and what legislative measures the Australian Government must take. This includes ensuring that public procurement is ethical and making it obligatory for companies to disclose steps taken to combat exploitation in supply chains.