Case study: Increasing due diligence in Norway

On July 1, 2022, the Norwegian Transparency Act entered into force. This act is meant to increase the transparency around how larger Norwegian companies deal with possible human rights violations in their operations and also in their supply chains.

In our effort to comply with the new legislation, we decided to pilot the Corporate Social Responsibility risk assessment tool EcoVadis in our Skretting Norway business. The tool helps us perform supply chain risk assessments on environmental, sustainable procurement, ethics and labour and human rights topics. The risk assessment completed to date has identified 12 suppliers that require follow-up. In 2023, we will be requesting that these suppliers perform the EcoVadis Ratings assessment, through which the supplier’s policies on the abovementioned topics are reviewed and rated. This review will enable us to determine which aspects a supplier sufficiently covers and if any require more attention. We will request improvements to the supplier’s policies as soon as we identify any material topics that are insufficientlycovered, striving for continuous improvement.

We recognise that the Norwegian Transparency Act is only the first of several new and similar laws to come in many of the countries where we operate, and we are designing policies and processes to be able to comply with all of these laws.
Olav Kjeldstad, Ethics & Compliance Director Aquaculture.

Chapters:

Case study: Increasing due diligence in Norway
Case study: Catfish Sustainability Project