"AustralianSuper is a signatory to the Workforce Disclosure Initiative, a global initiative designed to improve corporate transparency and accountability on workforce issues and provide companies and investors with comprehensive and comparable data on workforce issues. Collaborating with investors globally for better disclosure on workforce factors provides us with a better sense of where modern slavery risks exist as well as highlighting early warning signs of risks that could lead to modern slavery.
We also partner with like-minded investors to collaboratively tackle modern slavery risks in our investment portfolios. We do so through our membership in investor forums such as The Australian Council of Superannuation Investors (ACSI) and RIAA’s Human Rights Working Group. In FY20, these groups combined efforts to produce a Modern Slavery Reporting – Guide for Investors. AustralianSuper was one of the co-authors of this guide, which sought to exemplify best practice for investors reporting in compliance with the Modern Slavery Act 2018 (Cth). This builds on our previous contribution to the Investor Toolkit: Human rights with focus on supply chains, which seeks to outline how investors can integrate human rights and modern slavery considerations in their ESG practices and engagement with companies.
AustralianSuper has also contributed to a variety of business, civil society and investor forums during the financial year discussing our approach to tackling modern slavery, including speaking at the Australian Department of Home Affairs 2019 Industry Summit on the panel exploring the Modern Slavery Act. This public advocacy underscores our commitment to raising awareness about modern slavery and seeking collaborative solutions to mitigate it."