The Corporate Counsel Show: Why companies are failing to comply with legal reporting requirements

A new report shows that almost half of companies are failing to identify clear modern slavery risks in their supply chains and that too many companies’ promises on corporate reporting remain unfulfilled. Why is this the case, and how can it be overcome? On this episode of The Corporate Counsel Show, host Jerome Doraisamy speaks with Human Rights Law Centre senior lawyer Freya Dinshaw about HRLC’s new report, Broken Promises, detailing corporate failures on reporting requirements, the headline findings from that report, why businesses are failing to meet their obligations, and how a lack of legislative understanding is contributing to said failures. Ms Dinshaw also reflects on how and why blame should be distributed for the current state of affairs, whether there exists a disconnect between companies’ public ESG commitments and what is happening on the ground, why the law department needs to find new and better ways to engage different business functions on reporting requirements, what will constitute best practice for GCs and other law department leaders, and how best those lawyers can ensure such duties remain front and centre, amid other urgent priorities. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts (The Lawyers Weekly Show) and by following Lawyers Weekly on social media: Facebook, Twitter and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, email editor@lawyersweekly.com.au for more insights!