The Norwegian Transparency Act aims to promote respect for fundamental human rights and decent working conditions in companies, and ensure public access to information. The transparency act is implemented on July 1, 2022, and requires companies to conduct due diligence to avoid, or if necessary, handle negative consequences of their own business, their supply chain, and other business relationships. Fiskerstrand Verft AS will produce an annual report detailing the assessments and findings made during the due diligence process. The first report is due by June 30, 2023.

Human Rights and Due Diligence
Fiskerstrand Verft AS systematically works to ensure compliance with our policies, as well as applicable laws and regulations. Our goal is to neither directly nor indirectly violate human rights. Human rights include, for example, the right to life and security, freedom from torture, right to privacy, protection against discrimination, freedom of thought and religion, freedom of expression, right to work, health, and welfare. By conducting due diligence, we identify and evaluate our own business, business partners, and supply chains. Due diligence is a dynamic and ongoing process that aims to hold businesses accountable and promote respect for fundamental human rights and decent working conditions. Due diligence involves identifying and assessing negative impacts or harm within our own business, supply chain, or business partners. Fiskerstrand Verft AS follows the “OECD Due Diligence Guidance for Responsible Business Conduct.” We have established our own procedure for due diligence, which has been developed by an internal working group.

Ethical Guidelines
Companies must conduct due diligence to identify, prevent, mitigate, and account for actual and potential negative impacts of their own business, supply chain, and business relationships. For due diligence to be effective, principles of responsible business conduct should be integrated into policies and management systems. At Fiskerstrand Verft AS, the Board has adopted ethical guidelines.  We will conduct our business in a manner that is consistent with the UN Guiding Principles on Business and Human Rights. We will work to avoid, or if necessary, handle negative impacts associated with our own business, supply chains, and other business relationships.

Collaboration with Employee Representatives
At Fiskerstrand Verft AS, there is a long tradition of close collaboration with employee representatives. This is a systematic process that has been developed over many years through dialogue and information sharing, and discussions on various issues. We have regular meetings between the parties to discuss current topics and issues related to, for example, equality and non-discrimination, hiring, overtime, order intake, and finances.  The work on The Norwegian Transparency Act and due diligence is also an area where employee representatives are included and involved.  If you have questions about Fiskerstrand Verft’s handling of The Norwegian Transparency Act, you can contact CEO Dag Vikestrand at the following email: dag.vikestrand@fiskerstrand.no.  The inquiry must be in writing and clearly state who is asking or whether you represent an organization or business.