Modern Slavery Reporting Series: Part 1 – Introduction

The beginning of 2022 has marked the commencement of the third reporting season under the Modern Slavery Act 2018 (Cth) (Act). All eligible entities operating on the Australian financial year should have submitted their second modern slavery statement by the end of December 2021. Those operating on a calendar financial year are due to submit their second statements by 30 June 2022.

The Act requires organisations registered or carrying on business in Australia, and with a consolidated revenue of at least $100 million, to report annually in a modern slavery statement on how they are addressing the risks of modern slavery in their supply chain and operations (Statements). These Statements are lodged on a publicly accessible register held and managed by the Australian Border Force.