Enforced on July 1, 2022, Norway’s Transparency Act requires companies to conduct and publicly report due-diligence assessments related to human rights and working conditions throughout their supply chains.

The Supply Chain Transparency Act lists eleven specific due diligence obligations that a company must comply with:

• Due Diligence: The duty to carry out due diligence to identify and assess actual and potential adverse impacts on human rights and decent working conditions in companies and their supply chains.
• Report on Due Diligence: The duty to publish an annual account of the due diligence process by 30 June each year.
• Right to information: the duty to respond to requests from the public on how a company addresses actual and potential adverse impacts on human rights and decent working conditions.
• To come within the scope of the Act, the enterprises must offer goods and services.
• Enterprises must also conduct human rights due diligence assessments.
• Enterprises must publicly report on findings and measures resulting from the due diligence.
• Companies must provide information about due diligence upon request.
• Enterprises covered by the Act must account for their due diligence assessments.
• The Act indicates that "everyone" is entitled to information from a subject enterprise regarding how it addresses actual and potential adverse impacts on fundamental human rights and decent working conditions.
• If an enterprise is in violation of the Act, the Norwegian Consumer Authority can invoke orders and prohibitions (essentially mandating compliance or imposing injunctive relief).
• The Act does not place particular obligations on an enterprises board, other than the requirement to sign the annual public statement.