The Norwegian Transparency Act will come into force from 1 July 2022 with new obligations on human rights due diligence in connection with operations, supply chain and business partners
Based on the UN Guiding Principles on Business and Human Rights and the OECD Guidelines for Multinational Enterprises, the Transparency Act broadens access to information on companies' efforts relating to fundamental human rights and decent working conditions. Companies need to be aware of, and provide access to, such information in both their business operations and in their supply chains.
The Act joins a series of mandatory human rights due diligence initiatives in various jurisdictions and falls in line with the international trend of soft law frameworks hardening into enforceable legal obligations. The Act introduces far reaching requirements on an estimate of 8,800 companies to regularly carry out and publish human rights due diligence assessments on its supply chains, business operations and business partners.
NBA China is delighted to invite you to join us for a discussion about the new Norwegian law requirements and how to implement these on the ground in China – whether your company is directly affected by the new legislation or a supplier asked to deliver on ever increasing reporting requirements.
SPEAKERS
WHO SHOULD ATTEND
Norwegian businesses with operations in China and suppliers and business partners to Norwegian companies
Date: June 23rd
Time: 15:30-17:00PM (Bejing Time)
Place: ZOOM
Registration: please register by June 22nd to receive ZOOM link in advance.
Should you have any questions, please contact Ms. Chenye Liu at chenye@norbachina.com