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...

Full description

Saved in:
Bibliographic Details
Main Authors: Rebekka Lae, Morten P Smørdal
Format: Article
Language:English
Published: Scandinavian University Press 2024-04-01
Series:Oslo Law Review
Subjects:
Online Access:https://www.idunn.no/doi/10.18261/olr.10.2.5
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1850226806531031040
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