1. Integritet – Etterlevelse – Ansvarlighet
Will your Company's Reputation Survive Dangerous Disclosures?
The European Parliament adopted the Directive on disclosure of non-financial information by large
companies and groups on 15 April 2014. This means that Europe’s largest companies are asked to be
more transparent on social and environmental issues.
Companies concerned will disclose information on policies, risks and outcomes as regards
environmental matters, social and employee-related aspects, respect for human rights, anti-
corruption and bribery issues, and diversity on boards of directors. Companies will have significant
time to adapt to the new requirements, and will start reporting as of their financial year 2017.
Companies in the scope of the Directive will disclose relevant, useful information necessary for an
understanding of their development, performance, position and impact of their activity, rather than
detailed reports. Regarding diversity on company boards, large listed companies will be required to
provide information on their diversity policy, such as, for instance: age, gender, educational and
professional background.
Citing the Directive: A non-financial statement will include environmental matters, details of the
current and foreseeable impacts of the undertaking's operations on the environment, and, as
appropriate, on health and safety, the use of renewable and/or non-renewable energy, greenhouse
gas emissions, water use and air pollution. As regards social and employee-related matters, the
information provided in the statement may concern the actions taken to ensure gender equality,
implementation of fundamental conventions of the International Labour Organization, working
conditions, social dialogue, respect for the right of workers to be informed and consulted, respect for
trade union rights, health and safety at work and the dialogue with local communities, and/or the
actions taken to ensure the protection and the development of those communities. With regard to
human rights, anti-corruption and bribery, the non-financial statement could include information on
the prevention of human rights abuses and/or on instruments in place to fight corruption and
bribery.
Here in Norway, new security standards have been created to support Norwegian industry.
New Norwegian standards have been introduced within Crime Prevention (NS5832:2014 and
NS5831:2014) which contain requirements for risk assessment, risk management and verification.
This standard applies to all Norwegian businesses regardless of the industry type.
In addition, a new anti-corruption law is to be submitted for approval. The law, which extends the
criminal liability of the company and leadership, will meantime reward companies that can make
evidence of risk assessments, courses and training activity, background check and implementation of
related procedures in the company's management system.

2. Integritet – Etterlevelse – Ansvarlighet
IRMI Group offers GRC solutions such as crime preventive HSEQ services, Risk & Compliance
solutions, International Enhanced Due Diligence services, investment programs, analysis, verification
and Integrity Due Diligence solutions. The services are offered to international companies, investors,
private equity and HR,- compliance and corporate affairs divisions. The objective is to minimize risks,
secure the process of decision making and to ensure compliance in real life operations, and in
accordance with regulations, procedures and legislations such as KYC, UKBA, AML, PEP`s, Patriot Act,
CFT and FCPA. IRMI Group has professional resources, analysts and partners available in 150
countries. For Norwegian companies, our services are deductible as income acquisition and
preventive measures.
There is on the wave of international openness that more and more employees have started sharing
their experiences related to harmful organization work environment and power abuse. Once the
truth is revealed, affected companies will not only lose the good reputation, but also put at risk their
business capabilities. Are you prepared to meet the challenge of being judged by the public opinion
and your business partners?
IRMI Group Norway can assist your company with development of Code of Ethics, development and
audit of Quality Management Systems as well as integration of different management systems.
These are preventive, easy achievable targets that will ensure stability, success and prosperity to the
whole organization.
Let’s move together towards a more transparent, secure and sustainable Europe!
Have any comments or concerns? You can read more about us at http://www.irmigroup.com/ and
contact us at post@irmigroup.com