The Australian Council of Superannuation Investors (ACSI) says it strongly supports the introduction of a supply chains reporting requirement, and favours an “if not, why not” approach to implementation.
ACSI has made submission to the public consultation on a Modern Slavery in Supply Chains Reporting Requirement, supporting the creation of a reporting regime. ACSI supports the definition of modern slavery, which includes “slavery, servitude, forced labour, debt bondage and deceptive recruiting for labour or services,” as well as the proposed threshold of $100- million in revenue. ACSI also supports the creation of an independent body to monitor and assess compliance, as well as administer a central, public repository of company disclosures.
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