Transparency Act

Anchoring accountability – The Transparency Act

The Transparency Act entered into force on 1. July 2022. Is your business well-improved and do you have the processes in place? Pursuant to section 4 of the Act, businesses must “anchor responsibility in the company’s guidelines”. In this article you can read more about this topic. Anchor accountability in the board The Transparency Act … Read more

The Transparency Act for foreign businesses

The Norwegian Transparency Act requires over 9,000 Norwegian companies to monitor human rights in their own operations and supply chain. Foreign businesses may also be covered. In this article you can read more about the requirements required under the Transparency Act for non-Norwegian companies. The Transparency Act for foreign businesses The Transparency Act is one … Read more

Measures against violations of human rights and decent working conditions

At a time when corporate social responsibility and human rights are receiving increasing attention, governments around the world are taking steps to ensure that companies maintain ethical standards. The Norwegian Transparency Act is one such piece of legislation that aims to hold companies accountable for their actions and promote transparency in their operations. In this … Read more

Human rights and decent working conditions

Human Rights in the Transparency Act

The Transparency Act requires businesses that are covered by the legislation to carry out due diligence assessments of their suppliers. In the due diligence assessments, the businesses must investigate potential and actual negative consequences on basic human rights and decent working conditions. Furthermore, an explanation of the findings must be prepared and published on the … Read more

Information requirements in the Transparency Act

Information Requirements in the Transparency Act

The purpose of the Openness Act is to give the general public access to information about how human rights and working conditions are handled by Norwegian businesses, this includes the law’s information requirements. The law must also give businesses awareness of their influence on negative consequences for suppliers and business partners. Information requirements in the … Read more

Reporting according to the Transparency Act and companies’ obligations – Guidance

Due diligence report

The Transparency Act has three main duties, the first is to carry out due diligence assessments of suppliers in order to promote businesses’ respect for basic human rights and decent working conditions, as well as ensure the public’s access to information. The next is the duty to provide information if someone requests information and finally … Read more

What is the Transparency Act and what is your duty? Everything about the Transparency Act

Hva er åpenhetsloven

What is the Transparency Act? The Transparency Act is a Norwegian law that entered into force on 1 July 2022. The law obliges medium-sized and larger businesses to map the risk of human rights violations throughout their supply chain. The law also requires the businesses to report on the findings and to rectify any damage. … Read more