Transparency in Supply Chain Compliance Tool: Australia Modern Slavery Act now available!
Our “Transparency In Supply Chain Compliance” tool now includes guidance on the 2018 Australia Modern Slavery Act and the New South Wales Modern Slavery Act.
The Australia Modern Slavery Act commenced in January 2019. Modelled in part on the UK Modern Slavery Act, it is the first of its kind in the Asia Pacific region. Businesses with a consolidated annual revenue of $100 million AUD (50 million AUD for those operating in New South Wales under the NSW Modern Slavery Act) must now produce a modern slavery statement outlining steps that they are taking to combat modern slavery within their operations.
The Mekong Club “Transparency in Supply Chain” compliance tool (TISC tool) has been updated to include guidance on understanding and reporting under the Australian Modern Slavery Act. This tool displays and compares key anti-slavery legislation in a clear and concise way, allowing you to easily understand the information that you need to know, such as obligations, reporting requirements, possible penalties and examples of good practise. Flowcharts make the tool interactive, and a table for downloading compares the Australian Act alongside other anti-slavery legislation across the world in a shareable format.
This tool is available to all Mekong Club business association members – guidance on previous TISC legislation includes the UK Modern Slavery Act, France Duty of Vigilance and the California Transparency in Supply Chains Act.