Norwayʼs New Transparency Act: An Overview in Light of International Trends
There is a need for more information about human rights violations and poor working conditions in global supply chains. Various international guidelines already require companies to take responsibility for their value chains, yet compliance with these guidelines is for the most part voluntary. The n...
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| Format: | Article |
| Language: | English |
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Scandinavian University Press
2024-04-01
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| Series: | Oslo Law Review |
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| Online Access: | https://www.idunn.no/doi/10.18261/olr.10.2.5 |
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| _version_ | 1850226806531031040 |
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| author | Rebekka Lae Morten P Smørdal |
| author_facet | Rebekka Lae Morten P Smørdal |
| author_sort | Rebekka Lae |
| collection | DOAJ |
| description | There is a need for more information about human rights violations and poor working conditions in global supply chains. Various international guidelines already require companies to take responsibility for their value chains, yet compliance with these guidelines is for the most part voluntary. The new Norwegian Transparency Act reflects an international trend of implementing statutory requirements based on international principles with the purpose of increasing companiesʼ efforts to respect human rights and ensure decent working conditions in their global supply chain. This article presents selected international principles and frameworks aimed at promoting corporate social responsibility and provides an introduction to the main duties imposed on companies that are subject to the new Transparency Act. |
| format | Article |
| id | doaj-art-efcc167b8d6544c2850d254b56ee1ee6 |
| institution | OA Journals |
| issn | 2387-3299 |
| language | English |
| publishDate | 2024-04-01 |
| publisher | Scandinavian University Press |
| record_format | Article |
| series | Oslo Law Review |
| spelling | doaj-art-efcc167b8d6544c2850d254b56ee1ee62025-08-20T02:04:58ZengScandinavian University PressOslo Law Review2387-32992024-04-0110211210.18261/olr.10.2.5Norwayʼs New Transparency Act: An Overview in Light of International TrendsRebekka Lae0Morten P Smørdal1Advokatfirmaet BAHR ASAdvokatfirmaet BAHR ASThere is a need for more information about human rights violations and poor working conditions in global supply chains. Various international guidelines already require companies to take responsibility for their value chains, yet compliance with these guidelines is for the most part voluntary. The new Norwegian Transparency Act reflects an international trend of implementing statutory requirements based on international principles with the purpose of increasing companiesʼ efforts to respect human rights and ensure decent working conditions in their global supply chain. This article presents selected international principles and frameworks aimed at promoting corporate social responsibility and provides an introduction to the main duties imposed on companies that are subject to the new Transparency Act.https://www.idunn.no/doi/10.18261/olr.10.2.5Norwegian Transparency ActOECD Guidelines for Multinational Enterprisescorporate social responsibilityhuman rights and decent working conditionssupply chain management |
| spellingShingle | Rebekka Lae Morten P Smørdal Norwayʼs New Transparency Act: An Overview in Light of International Trends Oslo Law Review Norwegian Transparency Act OECD Guidelines for Multinational Enterprises corporate social responsibility human rights and decent working conditions supply chain management |
| title | Norwayʼs New Transparency Act: An Overview in Light of International Trends |
| title_full | Norwayʼs New Transparency Act: An Overview in Light of International Trends |
| title_fullStr | Norwayʼs New Transparency Act: An Overview in Light of International Trends |
| title_full_unstemmed | Norwayʼs New Transparency Act: An Overview in Light of International Trends |
| title_short | Norwayʼs New Transparency Act: An Overview in Light of International Trends |
| title_sort | norway s new transparency act an overview in light of international trends |
| topic | Norwegian Transparency Act OECD Guidelines for Multinational Enterprises corporate social responsibility human rights and decent working conditions supply chain management |
| url | https://www.idunn.no/doi/10.18261/olr.10.2.5 |
| work_keys_str_mv | AT rebekkalae norwayʼsnewtransparencyactanoverviewinlightofinternationaltrends AT mortenpsmørdal norwayʼsnewtransparencyactanoverviewinlightofinternationaltrends |