Improving modern slavery statements in the property sector
The Property Council of Australia’s members have taken positive steps towards addressing the issue of modern slavery in their supply chains. Launched in 2019, the Property Council’s supplier platform now provides insights across thousands of suppliers and billions of dollars in annual procurement spend.
We continue to work with property leaders to improve reporting outcomes, including the effectiveness of Modern Slavery Statements issued under the requirements of the Modern Slavery Act 2018.
The Property Council and a consortium of its leading members commissioned an independent review of 15 Modern Slavery Statements by three independent, expert academic bodies. The independent review looked at broad trends and areas for improvement.
The following report represents the findings of this independent review. Lessons drawn from the recommendations can help deliver more robust reporting for all entities in the property sector, including but not limited to those assessing modern slavery risks.