“Forty million people in the world today [are under] some form of modern slavery or human trafficking,” said Fiona Reynolds, who recently returned home to Australia after nine years heading-the UN-supported Principles for Responsible Investment Corporation in London.
Australia’s super funds can do more to help stamp out modern slavery in the supply chains of the companies in which they invest.
‘The [Australian] finance sector has a huge role to play in ending modern slavery and human trafficking.’The Commonwealth Modern Slavery Act was passed in 2018 and took effect in early 2019. Companies with annual revenue of more than $100 million, including the federal government, are required to document the risk of slavery in their supply chains.
Serco, 4GS, and every labour hire thieving scoundrel in Australia as well.