Introduction to the Report
This document presents Xplora Technologies AS's Annual Transparency Report for 2024. It outlines the company's commitment to upholding fundamental human rights and decent working conditions throughout its operations and supply chain, as mandated by The Norwegian Transparency Act.
The report details Xplora's due diligence processes, risk assessments, and the measures implemented to mitigate adverse impacts. It covers the period from January 1 to December 31, 2024, providing insights into the company's efforts to ensure responsible business conduct.
About Xplora's Operations
Xplora Technologies is a leading platform and services company specializing in smartwatches for children. Founded in 2016, Xplora aims to provide a safe digital experience for children, balancing screen time with physical activity. The company operates as a mobile service provider across Europe and the US, utilizing online channels, a retail network, and telecommunications partners.
Xplora's operations are conducted in accordance with Norwegian laws and regulations, adhering to principles such as the UN Guiding Principles on Business and Human Rights and the OECD Guidelines for Multinational Enterprises.
Due Diligence Assessments
Xplora conducts continuous assessments of risks related to adverse impacts on human rights and decent working conditions. The company utilizes a digital platform for supplier risk classification based on geography, industry, and contract value. For significant expenditures, manual assessments are performed to gain deeper, context-specific insights.
In 2024, Xplora focused on manually assessing 273 suppliers and business partners with an annual spend exceeding NOK 50,000. The company also conducted risk-based integrity due diligence and sent questionnaires to identified high-risk suppliers. Onsite audits were performed at key factories to verify compliance.
Measures and Monitoring
Xplora has implemented measures to cease, prevent, or mitigate identified adverse impacts. These include incorporating contract terms with suppliers to ensure adherence to human rights standards and conducting regular monitoring and audits. The company is committed to continuous improvement in its due diligence processes.
Stakeholder engagement is a core component of Xplora's due diligence. The company actively communicates with stakeholders to ensure transparency and foster a collaborative approach. Xplora has not uncovered any cases requiring remediation in the reporting year but remains in dialogue with stakeholders regarding potential needs.