Directors' Briefing: Modern Slavery Reporting - Is your board ready?

Tue 19 Nov 2019
8.00am to 9.30am

(Arrival time: 7.30am)
5 This event will earn you 5 DPD units


KPMG - Barangaroo
Level 38, Tower Three
International Towers - 300 Barangaroo Avenue
Sydney NSW


Single Members: A$30.00 Non-members: A$45.00

Padma Raman

Padma Raman

Chief Executive, Australian Human Rights Commission

Padma Raman PSM has a long established career committed to protecting and advancing human rights.

She is the Chief Executive of Australia’s national human rights institution, the Australian Human Rights Commission, and came to the position after establishing the Victorian Law Reform Commission, which she ran for nine years.

During that time, Ms Raman was also a member of the Victorian Equal Opportunity and Human Rights Commission (VEOHRC) for 4½ years. She was instrumental in assisting the Victorian Government develop and implement the Victorian Charter of Human Rights and Responsibilities Act 2006. In 2018, Ms Raman was awarded a Public Service Medal, which recognises outstanding service by employees of the federal, state, territory and local governments. Ms Raman was singled out for leading significant cultural, technological and governance change at the Commission and for her contributions as CEO of the Victorian Law Reform Commission.

Ms Raman sits on a number of boards including the Governance and Advisory Board for the Australian National Contact Point under the OECD Guidelines for Multinational Enterprises. Ms Raman holds a Masters of Law by research, specialising in the experiences of immigrant and Indigenous women under the Australian Legal system and is a fellow of the AICD.

Richard Boele

Richard Boele

Partner, KPMG Banarra, Human Rights and Social Impact Services Head of KPMG Global Business and Human Rights Network

Richard is the Lead Partner of KPMG Banarra, KPMG’s first dedicated human rights and social impact advisory team. Through his work with property, financial services, FMCG, retail and mining companies such as Stockland, Event Hospitality, Lend Lease, Dexus, Macquarie Group, Westpac, Bunnings, Coles, Wesfarmers, Woolworths and BHP, Richard offers over 20 years of experience in advising on and helping companies manage their human rights and social risks, including in relation to complex operating contexts. His particular strengths are engaging senior corporate leaders on strategic human rights and social risks, and asking the challenging but important questions that lead to many an executive’s career “ah-ha” moment. 

Richard is a former Director of the UN Global Compact Network Australia. He is a Visiting Fellow on social impact at Macquarie University and Industry Fellow at the Centre for Social Responsibility in Mining at University of Queensland. He is widely published and a regular speaker at conferences.

New legislation in Australia makes Boards responsible for mandatory public statements about what their entity is doing to identify and manage risks of modern slavery in their operations and supply chains.

The Commonwealth Modern Slavery Act (2018) requires entities with an annual revenue of $100 million to publicly report on their efforts in this regard. NSW has also introduced legislation for companies with revenue above $50 million.

It is crucial that directors understand the reporting requirements and the due diligence processes needed to enable effective reporting. The actions businesses take in the coming months will lay the foundation for their first public modern slavery statement.

"Knowledge is crucial. Boards need to turn their minds to modern slavery and understand this is now a core business risk that they must address. This new public accountability will drive change but we also need to support the Australian business community to learn together."
Dr Meg Brodie, Director, KPMG Banarra Human Rights & Social Impact Services

At this important event series, our panel of experts will explain how the legislation affects you and how your business can prepare for the new reporting requirements.

Panellists will discuss:

  • The modern slavery mandatory reporting requirements and the board’s responsibilities
  • How to identify your material modern slavery risks and build policies, systems and processes to manage them
  • Assessing the reporting readiness of your business
  • Practical responses to the reporting requirements
  • Implications of not producing a statement
  • Expected civil society, consumer and investor scrutiny and benchmarking of business reporting

"Understanding and addressing modern slavery risks in your business requires a shift in focus and mindset, from risks to business to risks to people"
Padma Raman, Chief Executive, Australian Human Rights Commission.