The federal government recently flagged a new criminal offence for failing to prevent modern slavery in supply chains. Here, a BigLaw partner discusses what the proposed laws mean for businesses, boards, and legal teams, and what they say about the broader climate.
In this episode of The Lawyers Weekly Show, host Jerome Doraisamy speaks with Corrs Chambers Westgarth responsible business and ESG partner Kate Gill-Herdman about why legal work in ESG and modern slavery is so interesting right now, how and why the proposed new laws have come about, the implications for relevant stakeholders, the shift from reporting obligations to criminal liability, the flagged "reasonable steps" defence, how boards, GCs, and in-house teams can respond, best practice for lawyers advising clients, and the steps that must be taken moving forward.