Assessment of the Norwegian Transparency Act

COUNT Westgass (Nov 22, 2024)

COUNT Westgass AS is committed to maintaining the highest standards of corporate responsibility and ethical conduct in all aspects of our operations. In line with this commitment, we conducted a thorough assessment of our compliance with the Norwegian Transparency Act (Åpenhetsloven) to ensure alignment with the Act’s objectives of promoting human rights and decent working conditions throughout the supply chain.

 

Assessment Objectives and Methodology

The assessment aimed to:

  1. Evaluate the extent to which our operations and supply chain comply with the principles enshrined in the Norwegian Transparency Act.
  2. Identify any areas for improvement in safeguarding human rights and maintaining ethical business practices.
  3. Strengthen transparency and reporting mechanisms in our business operations.

Our methodology included:

  • Engaging with suppliers and conducting due diligence audits.
  • Reviewing internal policies and procedures related to human rights and labor practices.
  • Collaborating with external stakeholders, including NGOs and industry groups, to benchmark best practices.

 

Key Findings

  1. Supply Chain Due Diligence:Compliance Rate: All of our suppliers demonstrated adherence to human rights and decent working conditions.
  2. Internal Policies:Count Westgass AS has robust policies in place to ensure compliance with human rights standards.
  3. Transparency and Reporting:Our reporting mechanisms are aligned with the Act’s requirements, providing clear and accessible information to stakeholders.

 

Moving forward, Count Westgass AS will:

  • Conduct annual reviews of compliance with the Transparency Act.
  • Collaborate with industry partners to share best practices and support systemic improvements in labor standards.
  • Maintain open communication with stakeholders to foster trust and accountability.

 

At Count Westgass AS, we recognize the importance of transparency in building sustainable and responsible business operations. Our assessment of the Norwegian Transparency Act represents another step toward our vision of creating value while upholding ethical principles.