Norwegian Transparency Act Applicability
Is the company within the scope of the Norwegian Transparency Act?
About the data
This metric assesses whether a company falls within the scope of the Norwegian Transparency Act (Åpenhetsloven).
The Norwegian Transparency Act is a law that requires large companies operating in Norway to conduct due diligence to identify, prevent, and address adverse impacts on human rights and decent working conditions across their operations and supply chains. It also mandates public reporting and a right-to-information, meaning companies must disclose how they manage these risks and respond to information requests from the public.
The Norwegian Transparency Act sets thresholds for inclusion based on company size and activity:
- Norwegian companies meeting at least 2 of 3 thresholds:
- NOK 70 million+ annual revenue
- NOK 35 million+ total assets
- 50+ full-time employees
- Foreign companies offering goods or services in Norway, taxable in Norway, meeting the same size thresholds
- Subsidiaries are aggregated with parent companies for assessment
Methodology
Steps for researchers:
- Company type and location: Check whether the company is Norwegian or a non-Norwegian company with operations in Norway (i.e., offering goods or services and subject to Norwegian taxation).
- Employee and financial thresholds:
- Companies must meet at least 2 of 3 thresholds:
- NOK 70 million+ annual revenue
- NOK 35 million+ total assets
- 50+ full-time employees
- Group structure:
- For Norwegian parent companies, assess thresholds on a consolidated (group) basis
- For foreign companies, assess only the Norwegian part of the business
- Non-Norwegian companies: confirm taxable presence in Norway (e.g., subsidiary, branch, or other business activity)
Sources to consult:
- Transparency Act Statement (published annually; indicates the company is in scope). Sometimes companies also indicate this within other legal statements such as Modern Slavery Act statements.
- Company annual reports and financial statements (revenue, assets, employee count)
- Company websites and investor relations pages (operations in Norway, subsidiaries, and group structure)
License
Topics
Framework Mappings
Value Type
Category
Options
Yes
No
Assessment
Community Assessed
Report Type
Norwegian Transparency Act report