A critical topic for leaders
In 2017 the Commonwealth Government announced that it proposed to enact Australian Modern Slavery in Supply Chain Reporting Requirements. The announcement came amid an increasing international and domestic focus on addressing modern slavery in the business community, including throughout the extended supply and transport chains. New South Wales passed its Modern Slavery Bill 2018, now the Modern Slavery Act 2018 (not yet in force).
The legislation is designed to have a ripple effect. It will impact every firm in our industry. For example – while the formal reporting requirements will apply to most head contractors, but not the designers beneath them, they will still be penalised if a breach is found amongst their sub-contractors.
This creates the ‘ripple effect’– which will may have adverse affect on the contracting environment. For many firms the process of verifying across a supply chain could take multiple years.
Scott Alden of Holding Redlich will guide attendees through these changes. His presentation will cover:
- What modern slavery is
- Who will be required to report
- An overview of the legislation
- Predictions on the implications for future contracting
- What information must be reported and how
- What a modern slavery statement is
- The penalty