The Australian Modern Slavery Act 2018 mandates large businesses to report on the risks of modern slavery in their operations and supply chains and actions taken to address those risks. This regulation aims to increase transparency and combat human rights abuses. For procurement and supply chain professionals, understanding the Australian Modern Slavery Act is essential to ensuring compliance, mitigating risks, and promoting ethical sourcing practices. Compliance supports corporate social responsibility and enhances the company’s reputation.

For more detailed information, visit the Australian Government.