Norwegian Transparency Act

Floatel Group complies with laws, rules, and regulations applicable to its business. The Group adheres to internationally recognised principles and guidelines relevant to fundamental human rights and decent working conditions, including but not limited to the Universal Declaration of Human Rights, the key conventions of the International Labour Organisation and International Maritime Organisation, the OECD Guidelines for Multinational Enterprises, and the principles of the United Nations Global Compact.

The Norwegian Transparency Act, which came into force on 1 July 2022, introduced additional requirements for the level of detail reported on fundamental human rights and decent working conditions for one's own business, supply chain, and business partners.

Our Norwegian Transparency Act Statement, found here, describes how the Group adheres to and complies with the requirements of the Norwegian Transparency Act and, by that, how the Group actively works to improve the conditions of all personnel and other stakeholders affected by the work performed by the Group. It should be read together with the ESG Report, which is an integrated part of the Annual Report 2022 and can be found here.

People interested in receiving information about the Group and its work in respect of fundamental human rights and decent working conditions should write to