About the Company
Oliasoft AS is a Norwegian technology company offering Software-as-a-Service (SaaS) solutions to clients primarily in the Energy Industry. As a provider of a cloud-based platform and digital tools, we rely on a global network of technology partners and infrastructure providers. We are subject to the Norwegian Transparency Act and are committed to promoting and respecting fundamental human rights and decent working conditions in our own operations and throughout our value chain.
Our Due Diligence Process
In line with OECD Guidelines for Multinational Enterprises, we have implemented a formal due diligence process to identify, assess, and mitigate risks related to human rights and labour standards. As a ISO 9001, 14001, 45001 and 27001 certified company we are conducting internal audits regularly and are audited yearly by a certified auditor in accordance with the requirements of the standards.
- Governance and Policies
- We have adopted a Code of Conduct Code (CoC) that outline our expectations regarding ethical business conduct both internally and externally.
- These policies cover issues such as forced labour, child labour, discrimination, working conditions, and freedom of association.
- Risk Mapping
- We have mapped our suppliers and partners, especially in relation to:
- Cloud infrastructure services
- Software development subcontractors
- Particular focus is placed on suppliers located in high-risk regions and industries.
- Risk Assessment and Prioritization
- Based on our mapping, we have identified the following areas as having elevated risk:
- Use of offshore development teams in countries with weaker labour protections
- Procurement of IT hardware and hosting services through global supply chains
- Third-party data centres using subcontracted labour for maintenance and support
- Risk Mitigation Measures
- All tier-one vendors must accept and comply with our CoC.
- For higher-risk relationships, when applicable, we implement additional controls including:
- Periodic due diligence questionnaires
- Review of third-party ethical certifications (e.g. ISO 45001, RBA)
- Contractual rights to audit or terminate agreements upon breach
- Monitoring and Evaluation
- Our due diligence assessments are reviewed annually and/or upon major changes in operations.
- We maintain direct engagement with critical suppliers to ensure compliance and gather updated documentation.
- Any concerns or incidents are addressed by our internal Compliance team.
- Transparency and Stakeholder Communication
- This report is publicly available on our website.
- In line with §6 of the Transparency Act, we respond to all written requests for information from the public within three weeks.
Results and Next Steps
As of this publication, no confirmed violations of human rights or decent working conditions have been found in our operations or immediate value chain. That said, we acknowledge the importance of continued oversight and improvement.
Planned actions for 2025 include:
- Continue to monitor key supplier and conduct risk management according to procedure
- Conduct targeted training on responsible business practices, i.e. CoC
- Reinforce the whistleblower procedure and emphasize the anonymous third-party reporting possibility
Contact
If you have questions regarding Oliasoft and the Transparency Act, please contact Compliance at: ole.schreiner@oliasoft.com
