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Name of Resource | NBIM Investor Expectations on Children’s Rights |
Type | Policy |
Country / jurisdiction | Global |
Enacting authority | Norges Bank Investment Management, a unit of the Central Bank of Norway |
Entry into force / date of approval | 14 January 2008 |
Description | The Norges Bank Investment Management Investor Expectations on Children’s Rights specify investor expectations for corporate performance with regard to preventing child labour and promoting children’s rights. They are especially directed towards corporations operating in high-risk sectors and high-risk countries. The expectations are based on criteria for preventive corporate action in regard to the worst forms of child labour, sustaining of the minimum age for labour, and promotion of children’s welfare. The Norges Bank Investment Management Investor Expectations on Children’s Rights strives to serve as a reference for investors who adhere to the principles of responsible investment, and can be used as an indicator of best business practices by corporations globally. The primary function of the expectations is not to blacklist or rank companies, but to serve as a point of departure for constructive dialogue between investors and companies, and to set a clear standard that companies globally must be expected to live up to. |
Availability | ENG: https://www.nbim.no/globalassets/documents/ownership/2008/expectations-childrens-rights.pdf |
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Name of Resource | Walk the talk: Ensuring socially responsible public procurement |
Type | Policy |
Country / jurisdiction | Norway |
Enacting authority | Norwegian Agency for Public Management and eGovernment (Difi), on request from the Norwegian Ministry of Children, Equality and Social Inclusion |
Entry into force / date of approval | 2014 |
Description | The aim of the guide is to help public organizations integrate and mainstream socially responsible public procurement criteria in the procurement process. This will aid the promotion of workers’ and human rights protection in the manufacturing of goods for public organizations. The function of the socially responsible public procurement criteria is to request and verify that suppliers to public organizations, have socially responsible supply chain management systems in place. Difi also has information, tools and templates for public procurement and human rights: https://www.anskaffelser.no/public-procurement/socially-responsible-public-procurement |
| Availability | ENG: http://www.respect.international/walk-the-talk-ensuring-socially-responsible-public-procurement/ |
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Name of Resource | Business and Human Rights. National Action Plan for the implementation of the UN Guiding Principles |
Type | Policy |
Country / jurisdiction | Norway |
Enacting authority | Norwegian Ministry of Foreign Affairs |
Entry into force / date of approval | October 2015 |
Description | The Action Plan is based on the white paper “Opportunities for All: Human Rights in Norway’s Foreign Policy and Development Cooperation”. The plan begins by describing developments in the field of corporate social responsibility and why the government considers this important. The plan has the same three-part structure as the UN Guiding Principles on Business and Human Rights: • States’ duty to protect against human rights abuse; • The responsibility of business enterprises to respect human rights; • The responsibility of states and business enterprises to ensure effective remedy. The action plan includes a separate section on how public procurement can be leveraged to prevent human rights abuses. |
Availability | ENG: https://www.regjeringen.no/globalassets/departementene/ud/vedlegg/mr/business_hr_b.pdf |
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Name of Resource | Children’s Rights. Expectations Towards Companies |
Type | Policy |
Country / jurisdiction | Global |
Enacting authority | Norges Bank Investment Management, a unit of the Central Bank of Norway |
Entry into force / date of approval | 7 April 2016 |
Description | The purpose of the document is to broadly set out the ways in which Norges Bank Investment Management, as a financial investor, expects companies to respect children’s rights. Norges Bank Investment Management expectations are primarily directed at company boards and intended to serve as a starting point for its interaction with companies on the topic of children’s rights. |
Availability | ENG: https://www.nbim.no/contentassets/d3bda851912f4bcc832520cd93700699/childrens-rights-expectations.pdf |
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Name of Resource | Children’s Rights Network |
Type | Co-operation platform |
Country / jurisdiction | Global |
Enacting authority | Norges Bank Investment Management, a unit of the Central Bank of Norway, UNICEF |
Entry into force / date of approval | 2017 |
Description | The Children’s Rights Network was set up by Norges Bank Investment Management together with UNICEF and some of the top fashion companies such as H&M, Gucci, Saint Laurent, North Face and Wrangler. The goal of the network is to improve children’s rights, whether they are exploited in the production of garments and shoes or impacted by the industry in other ways. |
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Name of Resource | Difi High Risk List |
Type | Registry / data base |
Country / jurisdiction | Global |
Enacting authority | Norwegian Agency for Public Management and eGovernment (Difi), |
Entry into force / date of approval | 2018 |
Description | The Difi High Risk List contains information on high risk products. Products are defined as “high risk procurement” when there are systematic documented high risk of human rights abuse occurring in the supply chain, meaning the value chain from raw material extraction to component production until finishing assembling. The documentation is based on reports and studies by ILO and other relevant sources, such as reports from civil society, unions and academic organizations. To make the list relevant in the daily practice of public procurers, specific product categories from each product group have been selected based on Norwegian public procurement activities. |
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