The Transparency Act

The Transparency Act was introduced in 2022 and is intended to promote companies' respect for human rights and decent working conditions, as well as ensure public access to information.

Among other things, the law requires Epinova to:

• Conduct due diligence
• Annually prepare a report and report on due diligence assessments
• Facilitate access

At Epinova, Magnus Vik Lagerberg follows up that the company meets the requirements imposed by law.

Report on due diligence 2022

Epinova's report can be downloaded here: The due diligence assessment in 2022. 

Following the completion of the due diligence assessments, Epinova has not uncovered any violations of human rights or decent working conditions. However, a possible risk of breaches has been identified primarily related to electronics/hardware, building and construction, office furniture, restaurants and restaurants, as well as some of the product-based suppliers that supply coffee and clothing.

Clear guidelines and obligations between Epinova and suppliers when entering into agreements are important preventive measures. To reduce negative impact, dialogue and cooperation are seen as important measures.

Insight

Pursuant to Section 6 of the Transparency Act, anyone can demand information from NOVA about how the Group handles actual and potential negative consequences that have been assessed in the due diligence assessments.

If you have any questions about our work, please send an e-mail to: apenhetsloven@novacg.no which is administered by:

• Ingrid Kjöllerström, HR Manager, Nova Consulting Group AS
• Jonas Momkvist, CFO, Nova Consulting Group AS
• Magnus Vik Lagerberg, Group Leader, Epinova AS

You can read more about NOVA's work here.