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Lov om virksomheters åpenhet og arbeid med grunnleggende menneskerettigheter og anstendige arbeidsforhold (åpenhetsloven)

Act on Business Transparency and Work on Basic Human Rights and Decent Working Conditions (Transparency Act)

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Summary

The purpose of the proposed Transparency Act is to promote corporate respect for the basics human rights and decent working conditions in connection with the production of goods and services, and to ensure public access to information on how companies deal with negative impacts on basic human rights and decent working conditions.

Issuer

Norway

Year

2020

Region

Europe

Issuer (type)

Ministry of Children and Families (Det Kongelige Barne- og Familiedepartement) (Government)

Instrument type

Law

Disclosure instrument

Yes

Geographical scope

National

Mandatory or voluntary

Mandatory

Text analysis

    • High 1.15%
    • Moderate 0.10%
    • E focus: climate change, climate risk, conservation, deforestation, emissions, energy, environment, forests, greenhouse gas, pollution, recycled materials, recycling, renewable energy, resource use, sustainable finance, waste, water, biodiversity
    • S focus: collective bargaining, compensation, conflict minerals, discrimination, diversity, fair trade, gender equality, human rights, intellectual property, recruitment, value creation, children
    • G focus: audit, bribery, corruption, esg reporting, financial reporting, internal control, risk management, accountability
    • SDG 8: Decent Work and Economic Growth, SDG 12: Responsible Consumption and Production
    • Agriculture, Construction, Finance, Management, Manufacturing, Mining, Professional services, Public administration, Retail trade