Åpenthetsloven – Norwegian regulation on business transparency and work with basic human rights and decent working conditions.
It is important to RiskPoint Group that we act environmentally, socially and economically responsible in corporation with our customers, business partners and stakeholders. Basic human rights and decent working conditions are key points hereof, embedded through our role as a provider of insurances, our purchases of goods and services and not least as an employer.
By basic human rights is meant rights inherent to all human beings, regardless of race, sex, nationality, ethnicity, language, religion, or any other status. Human rights include the right to life and liberty, freedom from slavery and torture, freedom of opinion and expression, the right to work and education, and many more. Everyone is entitled to these rights, without discrimination.
Due diligence assessments
RiskPoint is covered by the Openness Act (Åpenthetsloven), which sets requirements for carrying out due diligence assessments and reporting them. Due diligence assessments are about identifying, preventing, reducing and documenting our handling of any negative impact on decent working conditions and human rights in our business and with our suppliers.
Internally at RiskPoint, we have ethical guidelines to ensure that our operations are honest, trustworthy, and that our behaviour is in accordance with applicable laws, regulations, internal guidelines, industry norms and the norms that otherwise apply in society.
It is laid down in our strategy for sustainability and social responsibility that we must carry out special due diligence assessments to ensure that basic human rights and decent working conditions are taken into account. Due diligence assessments must be carried out annually and we must have a plan for ongoing follow-up of new suppliers and business relationships in order to actively ensure that we have a responsible value chain.
Our risk assessment
The risk of negative impact linked to violations of human rights, decent working conditions and frameworks for climate and environment is assessed as low. When it comes to our suppliers and business partners, the total risk is also considered low, and we are working continuously to improve our due diligence performance.