The Norwegian Transparency Act 2026. What it is and how Factlines helps you comply

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What is the Norwegian Transparency Act?

The Norwegian Transparency Act (åpenhetsloven) requires companies to conduct due diligence assessments across their operations and supply chains to identify risks of human rights violations and poor working conditions.

Businesses must publish an annual transparency report by June 30 and respond to information requests from the public within three weeks, or face fines up to 4% of annual turnover or NOK 25 million, whichever is higher.

Factlines streamlines compliance with automated risk scoring, supplier questionnaires, corrective action tracking, and audit-ready documentation.
The transparency act aligns with a broader trend of transparency and human rights regulations across Europe. Similar legislation includes:
• UK Modern Slavery Act

• French Duty of Diligence Law (devoir de vigilance)

• German Supply Chain Due Diligence Act (Lieferkettengesetz)

• EU Non-Financial Reporting Directive

• Dutch Child Labor Due Diligence Law

• Corporate Sustainability Due Diligence Directive (CSDDD)
Your company must comply if you meet at least two of these criteria:
• Annual turnover exceeding NOK 70 million

• Balance sheet total exceeding NOK 35 million

• 50 or more full-time employees (or equivalent)

Companies affected by åpenhetsloven

Åpenhetsloven applies to companies operating in Norway that meet specific size thresholds, as well as foreign companies selling products or services in Norway.

Approximately 9,000 companies are directly covered by the law. However, smaller businesses may also be affected indirectly if their customers require supplier assessments to meet their own compliance obligations.

The Norwegian Transparency Act establishes three core legal obligations:

§ 4 - Duty to carry out due diligence
§ 5 - Duty to account for due diligence
§ 6 - Right to information
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Risks of non-compliance with åpenhetsloven

Financial penalties

Non-compliance can result in fines up to 4% of annual turnover or NOK 25 million, whichever is higher. The Consumer Authority enforces these penalties and can issue public warnings, increasing reputational damage.
Operational Impact

Non-compliance forces reactive crisis management: emergency audits, external consultants, legal advisors, and potential supplier changes, all far more expensive than systematic prevention. You may also lose business opportunities if customers require documented compliance from their suppliers.
Reputational risks

Public failure to comply damages trust with customers, investors, and employees. Media scrutiny intensifies when companies appear in the Consumer Authority's public enforcement register, and B2B customers increasingly require proof of due diligence before awarding contracts.
FAQ

Frequently Asked Questions

Please contact us for further information.
How does Factlines support the entire due diligence process?
What happens when we identify risk at a supplier?
How does Factlines simplify the 30 June reporting deadline?
Can Factlines handle complex multi-tier supply chains?
What if our suppliers are tired of questionnaires?
Is Factlines only for åpenhetsloven, or can we use it for other ESG regulations?

See how Factlines meets the requirements of the Norwegian Transparency Act.

Download a Free template for your annual transparency report

This template provides a structured framework for what your company must include in the annual report required by June 30.

Download our template to get started.
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Software overview

Factlines makes due diligence assessments and reporting easier

Simplify due diligence
Generate audit-friendly reports
Collaborate with suppliers
Benefits

4 key benefits of using Factlines

Always up to date
Factlines keeps your questionnaires aligned with the Norwegian Transparency Act, CSDDD, and other regulations.
Industry-specific questionnaires
Use 30+ ready-made templates or customize assessments based on your industry, supplier types, and risk profile.
Automated risk management
Identify compliance gaps instantly with AI-powered risk scoring and receive suggested follow-up actions to mitigate risks.
Reduce supplier survey fatigue
Suppliers reuse responses across multiple customer assessments, saving time while ensuring consistency in their answers.
See more features
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The Norwegian Transparency Act requires due diligence on your supply chain

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