Norway

3.2. Responsible Business Conduct

Which companies are the Guiding Principles targeting? [page 32]

The 14th principle states that the recommendations apply to all companies. However, it is clear that more is expected of companies with substantial resources. Relevance and context must also be taken into account.

A company’s capacity to act often depends on its size and whether or not it is one of a group of companies. The Guiding Principles assume that not all companies can be expected to have equally broad strategies and that each company must assess its own capacity.