VIDEO | The Cost of Inaction on Modern Slavery
Chris Caskey | November 8, 2022
As part of the UN Global Compact Network Australia’s (UNGCNA) Modern Slavery Impact Initiative (MSII), we are releasing a series of short Bite-sized Learning videos unpacking key modern slavery risk issues and topics for Australian businesses.
In our first video, the UNGCNA’s Human Rights Manager Chris Caskey spoke to Robin Mellon, CEO at Better Sydney, to understand how businesses should be approaching the business case for respecting human rights. Robin contrasts the cost of action versus the high cost of inaction, and outlines resources that businesses can use in starting their work today.
In 2021, there were an estimated 49.6 million people living in conditions of modern slavery worldwide, with increasing prevalence in the Asia Pacific. As modern slavery remains a key human rights risk for Australian businesses, this video aims to raise awareness and support businesses in Australia in understanding the imperative to identify, manage and mitigate their modern slavery-related risks.
The Modern Slavery Impact Initiative (MSII) has been made possible through grant funding from the Australian Government as part of the National Action Plan to Combat Modern Slavery.