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SYDNEY - More than 90 per cent of Australian businesses have identified modern slavery risks in their supply chains - but most are failing to address them, according to a new report from the International Justice Mission (IJM) initiative.

The report, entitled Spot Fires in Supply Chains, analysed a sample of 404 company modern slavery statements submitted to the Australian government’s online register for modern slavery statements for the 2021 financial year.

It highlighted the textiles and garments manufacturing industry as a "known high-risk sector in South Asia for various forms of modern slavery", yet said more than 40 per cent of companies sourcing these products failed to identify any modern slavery risks.

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