We work with Australian and New Zealand companies to develop training, policies, systems, due diligence and reporting that meet both the spirit and the letter of the Australian Modern Slavery Act.
What we do
We support organisations through a combination of training, management and reporting, research,
and development of practical solutions to the challenges of modern slavery facing companies and workers.
and development of practical solutions to the challenges of modern slavery facing companies and workers.
TrainingGood training is the most effective investment you can make in establishing ethical workplaces and consistently addressing the challenges of modern slavery.
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Management and ReportingWe work with you to develop clear policies, systems, due diligence and reporting that meet both the spririt and the letter of modern slavery legislation.
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ResearchOur research focuses on modern slavery in supply chains, including forced labour, debt bondage, child labour and human trafficking.
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SolutionsWe work with partners to develop technology to dramatically reduce the risk of workers being exploited, particularly in the recruitment process.
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How Fifty Eight can help
The demands of supply chain management are rapidly evolving beyond a remit to improve sustainability and minimise risk.
Both investors and consumers are calling for ethical sourcing and procuring of products and services. Boards and managers must quickly gain the knowledge and skills to meet these demands and comply effectively.
The complexity of supply chain management can make analysis of labour practices an overwhelming task for companies of any size.
Fifty Eight works with you to take the practices you already have in place to develop clear, robust and transparent management, due diligence and reporting frameworks. Enabling you to both pin-point key areas for intervention and communicate it appropriately with your stakeholders.
Examples of the way we work with companies to achieve this include:
Both investors and consumers are calling for ethical sourcing and procuring of products and services. Boards and managers must quickly gain the knowledge and skills to meet these demands and comply effectively.
The complexity of supply chain management can make analysis of labour practices an overwhelming task for companies of any size.
Fifty Eight works with you to take the practices you already have in place to develop clear, robust and transparent management, due diligence and reporting frameworks. Enabling you to both pin-point key areas for intervention and communicate it appropriately with your stakeholders.
Examples of the way we work with companies to achieve this include:
Undertaking a Gap Analysis of your company policy & practice against requirements of the Australian Modern Slavery Act - as well as best practice NGO guidance and other modern slavery legislation.
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Review existing policies and supplier contracts to incorporate modern slavery requirements.
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Modern Slavery Risk Assessment across your own operations and your supply chain, including temporary and agency labour providers, etc.
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Develop supply chain engagement and due diligence systems together with appropriate auditing, monitoring and KPIs.
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Preparing modern slavery transparency statements that meet the standards of the Australian Modern Slavery Act, or voluntary reporting standards like the Ethical Trading Initiative Base Code or UN Guiding Principles Reporting Framework.
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Training and capacity building, or governance briefings for your employees, suppliers and sub-contractors.
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Australian Modern Slavery ActThe Australian Government has passed legislation with effect from 1st January 2019 to enact a Commonwealth Modern Slavery Act (MSA). The MSA will establish a Modern Slavery Reporting Requirement for all companies and public entities with a turnover of over A$100 million, including New Zealand companies operating in Australia who meet the threshold.
The Modern Slavery Reporting Requirement will support businesses and public entities in their response to modern slavery; increasing information available to consumers and investors by providing a practical, risk-based framework for transparency. Reporting entities will be required to publish annual Modern Slavery Statements detailing their actions to address modern slavery. This will increase business awareness of modern slavery, reduce modern slavery risks in goods and services, and drive a business ‘race to the top’ to improve workplace standards and practices. Annual Slavery and Trafficking Statement Companies must publish an annual slavery and trafficking statement, which must be approved by the board of directors (or similar body), and signed by a director. The statement should be published within 6 months of the end of the financial year. The government has produced guidance which sets out the 6 key areas of information that companies will be mandated to report on, along with case studies of good practice. They are:
See more guidance, example transparency in supply chains statements, and other resources here. |
Modern Slavery Definition |
