Annual Report 2024 - Handling the Transparency Act

Introduction
Integrasjonssystemer AS, headquartered in Horten, is a leading provider of integration services and innovative products such as feed PIM and InStock WMS. Our mission is to provide solutions that promote efficiency and create value for our customers.

Fulfillment of the requirements of the Transparency Act
In 2024, we have prioritized complying with the requirements of the Transparency Act, which obliges us to ensure transparent business processes and responsible management of the supply chain. The law requires us to report on how we handle human rights and labor conditions both internally and among our suppliers.

Strategies and measures
To ensure compliance with the law, we have established a comprehensive compliance program that includes:

  • Regular audits of internal processes and the supply chain.

  • Implementation of a whistleblowing scheme that allows employees and partners to report concerns anonymously.

Employee engagement and training
Our employees in Norway have played a key role in implementing the Transparency Act. We have implemented clear procedures to ensure that all employees are well informed about the requirements of the law and our internal guidelines.

Results and challenges
During 2024, we conducted a comprehensive review of our supply chain. We have few subcontractors, and these are mainly related to hardware deliveries for InStock WMS. Through ongoing dialogue, we ensure that our suppliers also meet the requirements of the Transparency Act.

Future goals
Our goals for 2025 include:

  • Expansion of the compliance program to our international activities.

  • Further strengthening of internal procedures to ensure continuous compliance with the Transparency Act.

Financial reporting
In 2024, we have invested significant resources in the compliance program, which we see as a necessary investment to achieve sustainable and responsible growth. Our total revenue in 2023 was NOK 52.1 million, while the revenue figures for 2024 are still being processed as of today.

Conclusion and future perspective
Integrasjonssystemer AS is dedicated to being a driver of transparent and responsible business practices. In 2024, we took important steps to strengthen our work with the Transparency Act, and we look forward to building on these efforts in the years to come.