Question: Does the company’s statement identify specific geographic regions (e.g. Indonesia), industries (e.g. agriculture), resources (e.g. Palm Oil) or types of workforce (e.g. migrant workers) where the risk of modern slavery is the greatest?"
Answer:
Geographic,
Industry,
Workforce
8129259
Walk Free
AustralianSuper
2020
Verified by Steward check_circle
updated over 2 years ago by Singh Anjali

On page 7, the 2020 Modern Slavery Statement identifies top industries and geographies, and in some cases resources (e.g., oil and gas) for modern slavery risks in both their Australian portfolio and their International portfolio:

 

A. International Portfolio

- Indian Thrifts and Mortgage Finance

- Indian Oil and Gas Refining and Marketing

- Korean Technology Hardware, Storage and Peripherals

- Irish Construction Materials

- US Automobile Manufacturers

 

B. Australian Portfolio

- Australian Diversified Metals and Mining

- Australian Food Retail

- Australian General Merchandise Stores

- Australian Highways and Rail

- Australian Property and Casualty Insurance

 

On page 11, the report also identifies the cleaning workforce as particularly at risk for modern slavery -- and AustralianSuper is focused on this because 90,000 pension members are employed in the cleaning industry:

 

"The cleaning sector is one of the highest-risk sectors for modern slavery. Cleaners have often been susceptible to wage theft, lack of legally-mandated entitlements (like the payment of superannuation and leave), income insecurity, poor working conditions and unethical contracting approaches.

Alexandra Carruthers.....2021-11-10 01:43:39 UTC

The company does not report high-risk resources.

Singh Anjali.....2021-12-07 12:15:42 UTC