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ARTICLE · 03 AUGUST 2018

Five On Friday – Five Recent Developments That We've Been Watching Closely

It's Friday and time for another overview of developments in the field of business and human rights that we've been monitoring.

GlobalCorporate/Commercial Law

It's Friday and time for another overview of developments in the field of business and human rights that we've been monitoring.

This week's post includes: developments with respect to the proposed Australian Modern Slavery Act; the dismissal of another climate change-based lawsuit; and an initial draft of the proposed Business and Human Rights Treaty.

  • On June 28, the proposed Modern Slavery Bill was introduced to the Australian Parliament.  If enacted, the Australian Modern Slavery Act would apply to companies based, or operating, in Australia, which have an annual consolidated revenue of more than $100 million. Companies would be required to report annually on the risks of modern slavery in connection with their operations, including their supply chains. Reports would need to be approved by the principal governing body for the corporate entity. Debate on the bill is expected to begin in August.

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