Publication
Modern Slavery Act reforms under a Labor Government and what businesses need to know
Labor went into the May election promising a number of significant changes to modern slavery mitigation strategies and legislation in Australia.
Good business ethics and corporate governance sit at the heart of all ESG programs and uphold transparency, integrity and the rule-of-law, all of which are the ideal to which emerging ESG programs aspire to.
However, new ESG regulation is also accelerating changes to organisational governance such as gender and ethnic diversity requirements, health and safety, privacy considerations around the responsible use of data, and fair, equitable and transparent workforce remuneration.
Across each of these areas government and investor expectations are rapidly changing and mandatory reporting requirements are also changing quickly across the globe. Organisations and businesses need to understand and manage the consequences of their activities, recognise risk and opportunity and these organisations often lead change before it is enforced.
Norton Rose Fulbright has deep experience working with boards and executive leadership teams in most parts of the world and can help you meet and exceed the requirements of regulators and implement best practice. Our lawyers offer clients the experience and guidance in ESG business ethics that applies the rigour of legal thinking while providing practical solutions in navigating a complex and rapidly changing area.
As anticipated in recent years, laws to further protect the mental health of workers have been introduced in a number of states across Australia.
We are working with many businesses in diverse industries from construction to professional services to advise on the implementation of psychosocial risk management. Our range of work has spanned:
Over recent years, the expression of community anger and dissatisfaction with the occurrence of serious health and safety incidents, and the perception that organisations and their leaders have not been held sufficiently accountable, has grown. This has led to the introduction of more serious offences including industrial manslaughter, and the use of these offences by regulators. Further, some health and safety regulators have introduced and strengthened specific guidelines covering their interactions with family members of affected workers. The ALP National Platform expressed a commitment to enable unions, workers and their families to bring prosecutions.
We are mindful of the context of the impact of a serious health and safety incident on various affected communities, and integrate this into our provision of advice.
We regularly advise boards regarding the governance and reporting structures needed to enable satisfaction of their proactive health and safety due diligence duties. Health and safety regulators are regularly testing the governance and reporting structures regarding director obligations when serious health and safety incidents occur. Not having reporting structures in place that enables the provision of meaningful information, including covering broader measures of social impact, to the board, exposes the officers to breach of due diligence duties.
Publication
Labor went into the May election promising a number of significant changes to modern slavery mitigation strategies and legislation in Australia.
Press release
Global law firm Norton Rose Fulbright has advised Australian Ethical on the launch of the “High Conviction Fund ETF”.
Publication
Human rights based arguments are increasingly being used by claimants in their efforts to hold governments and businesses legally accountable for the effects of climate change. This article provides an overview of emerging trends in rights-based climate litigation, and the risks and ramifications which these trends pose for companies.
Publication
The Victorian government recently introduced into the Parliament the Circular Economy (Waste Reduction and Recycling) Bill (Bill) which seeks to legislate a circular economy framework, create a new waste and recycling regulator and establish a container deposit scheme.
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