What Is the Norwegian Transparency Act (Åpenhetsloven)?
This is Norwegian law. The Norwegian law requiring larger businesses to carry out human rights and decent-working-conditions due diligence.
Who is covered by the Transparency Act?
Larger businesses based in Norway, and larger foreign businesses offering goods and services in Norway, measured by turnover, balance sheet and number of employees.
What does it require?
Carrying out due diligence on human rights and decent working conditions, publishing an annual account of the work, and answering information requests from the public.
How does it affect public procurement?
Buyers increasingly ask for the due diligence account as documentation when contracts carry supply chain risk, and the Act's requirements often appear as contract terms.
