Investa is proud to have joined an industry wide campaign that allows leading Property Council of Australia members to assess and report on their supply chain networks.
We will be joining fellow network members to report through a single online platform which collects, compares and shares data on registered suppliers.
The purpose of the online platform is to ensure consistency across the industry, streamline the reporting process for businesses involved, reduce the reporting burden and make it easier for suppliers to share information with property organisations.
Freedom from slavery is a fundamental human right. Yet the UN and Walk Free Foundation estimate there are over 40 million victims of modern slavery around the world, including in Australia.
The Australian Government estimates there are thousands of modern slavery victims in Australia, and 62% of the global estimated total are in the Asia Pacific region.
Under the new Commonwealth Modern Slavery Act 2018, Australia's largest organisations must now publish annual statements describing their actions to assess and address the risks of modern slavery; both within their own businesses and in their supply chains. First steps for all of us involve understanding what 'modern slavery' means, where it might occur through their supply chains, and what suppliers are doing about it.
The Government’s new guidance documents describe the term 'modern slavery' as including situations of serious exploitation in Australia or abroad such as trafficking in persons, slavery, servitude, forced marriage, forced labour, debt bondage, deceptive recruiting for labour or services, and the worst forms of child labour. It does not include substandard working conditions or underpayment of workers, but these practices are illegal and harmful and may also be present in situations of modern slavery.
Watch this short video here
to learn more.