The Faculty Modern Slavery Panel | Member-Only Event

Break the Chains 

The Modern Slavery Act is entering its third year of existence in Australia. The requirement: organisations with a consolidated revenue of A$100 million are to report annually on the actions they are taking to address modern slavery.

Many organisations will be ignorant as to the scale of modern slavery risks in their supply chains. Forcibly detained adults and enslaved children work in many industries including fashion, fishing, cocoa, cotton, clothing, cannabis, construction and prostitution. 

The Walk Free Foundation’s Global Slavery Index 2018* estimated:

•  In excess of 40 million people globally are subject to some form of modern slavery 

• Almost 25 million people in the Asia-Pacific Region are ‘enslaved’, which accounts for 62 per cent of all modern slavery victims

•  15,000 people are currently victims of modern slavery in Australia 

In the two years since the Modern Slavery Act was introduced, Australian organisations have had some other pressing issues to contend with - the bushfires and COVID being just two.

Modern Slavery, along with a myriad of other challenges, will now regain focus for supply chain and procurement professionals as they begin to turn their focus to re-defining their risk 2021 profiles.

The indicators of modern slavery, being a grievous crime, is actually quite easy to identify, when you know what you are looking for.

Procurement and supply chain leaders who increasingly becoming the custodians of social responsibility in their organisations. Procurement teams are on the frontline. They manage supplier relationships, they understand the business, the risks and the regions in which they operate.

As a Procurement leader, what can you do? What have you done? What’s possible and how can you make a significant difference?

In this 90-minute session, explore the avenues you can take, the practices that have proven effective and the next steps you can embed in your everyday Supply Chain operations.

Learning Outcomes:

• Learn what can be done on a corporate level to limit and even reduce modern slavery
• Identify and act upon opportunities to limit its operations
• Source ethical and sustainable supply chain alternatives

This session is for The Faculty Roundtable members only. For more information on The Faculty Roundtable, please contact [email protected].