Respecting human rights and combating modern slavery
At Boral, we recognise the inherent dignity of all people and are committed to respect and promote human rights.
Since 2018, we have been working to strengthen our approach to assess and address the risk of modern slavery in our operations and supply chain in light of the Australian Modern Slavery Act 2018.
The Australian Government introduced the Modern Slavery Act in November 2018 to support the Australian business community to identify and address their modern slavery risks and maintain responsible and transparent supply chains. The Act requires larger entities to provide an annual Modern Slavery Statement to the Australian Border Force for publication on a central online register.
From 2020, Boral will be reporting on how we assess and address these risks in an annual Modern Slavery Statement to be published in conjunction with our Annual Report and Annual Review.
To support work being undertaken to further develop and strengthen Boral’s approach to modern slavery risk and comply with our reporting requirement, in 2018 Boral established a Human Rights and Modern Slavery Working Group to coordinate and monitor our action plan and track progress.
The working group comprises members of Boral’s Executive Committee and key functional roles, including human resources, procurement, risk, legal and communications.
Boral’s planned actions to support its approach to modern slavery risk include:
- Identify key areas of modern slavery risk within our supply chain
- Implement systems and procedures for reviewing new and existing suppliers, and conducting ongoing monitoring
- Implement due diligence processes based on our modern slavery risks assessments, including third-party assurance for high-risk suppliers
- Develop a formal process for reporting any incidence of modern slavery identified ‒ including reporting to the Board and Board Audit & Risk Committee – and implementing remedial actions
- Implement company-wide modern slavery awareness initiatives and training, and
- Update relevant policies, standard operating procedures and supply agreements.
Boral’s revised Human Rights Policy outlines our commitment to respect and promote human rights.
Boral's Supplier Code of Conduct has recently been updated to align with our revised Human Rights Policy, and outlines the expectations we have for any organisation that wishes to work with Boral.