Robust modern slavery legislation 'a necessity', say investors

Forced labour is on the rise globally. (Image: Getty)

Mon, 19 Feb 2024

Investors representing funds of $295 billion have called on the government to introduce modern slavery legislation with more stringent requirements than currently proposed.The long-awaited legislation was initially fleshed out in a cabinet paper released last year, but the Labour government had dropped the due diligence requirement that imposed a duty on entities to take effective action to identify and assess risks, and then track performance in addressing them. An Australian review of that country's modern slavery legislation found i...

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