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The Norwegian Transparency Act

Here you can read about the Olav Thon Group’s work with the Norwegian Transparency Act, the due diligence assessments we carry out and our membership of Ethical Trade Norway.

Promotes transparency 

Through the Norwegian Transparency Act, all large companies operating in Norway are required by law to be transparent about how they operate their business. This is for the purpose of promoting respect for fundamental human rights and decent working conditions in connection with the production of goods and services.

If you would like to request access, you can do so in the contact form at the bottom of the page.

 

Due diligence assessments 

Since the Norwegian Transparency Act came into force in 2022, the Olav Thon Group has increased its focus on safeguarding employees’ rights and ensuring that fundamental human rights are respected both in the supply chain and in its separate operations.

We are legally obliged to carry out due diligence (in accordance with the OECD's guidelines for responsible business practices) to uncover actual and potential negative impacts on human and workers' rights.

You can find the full statement of due diligence assessments in the sustainability library.

 

Membership of Ethical Trade Norway 

In 2022, the Olav Thon Group became a member of Ethical Trade Norway. This means that we are committed to working for trade that improves human and workers' rights, society and the environment.

Human and worker rights are a central theme in our sustainability strategy. We have ambitions for full insight into the value chain. In this way, we can ensure that our requirements are met and uncover actual and potential rights violations in the value chain.

Guidelines and ethical requirements 

To ensure responsible business practices within our business and supply chain, we have developed a policy for responsible business practices. At the same time, we set ethical requirements for our suppliers, which we expect them to pass on to our subcontractors.

Our requirements are based on national laws and international conventions and cover fundamental human rights, workers rights, the environment and anti-corruption in the supply chain. They are attached as appendices to all our supplier agreements.

Requests for further information

If you would like more information about how we handle fundamental human rights and decent working conditions in our supply chain and within our business, please submit a request using the form below. We would appreciate if you were as clear and specific as possible in your enquiry, so that we can provide a correct and adequate response.

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