Sustainability in Omega 365

We are local

We are a company that started and is headquartered in Ølensvåg, a small community with less than 1000 inhabitants. It has been a commitment from the start to engage and contribute locally, to a diverse range of organization and causes.

Over time, we have grown and now have a large number of offices, from Calgary to Perth. These offices are also organizations that actively engage locally in causes that contribute to the development of the local community.

We are global

With our international activities, Omega 365 believes that we have a responsibility to contribute through organizations that are involved in global development. Instead of giving Christmas gifts to employees, we have replaced it with a substantial annual contribution to projects that we deem important. Some of these projects are described on our community page.

This is a joint effort by the company and employees.

Corruption, whitewashing, and child labour

Omega 365 has implemented routines to conduct risk-based evaluations when establishing new customer relationships. The objective is to ensure the accuracy of our information and gain a comprehensive understanding of the entities behind the companies. In cases where there is a potential risk of involvement in whitewashing or financing terrorism, an intensified evaluation is mandatory, along with the implementation of enhanced measures during the client relationship and transaction monitoring.

Omega 365 maintains a strict policy to prevent engagement in any activities associated with corruption, whitewashing, or child labor.

Ethics

Our Ethics policy describes what we, as a company, expect and require from our employees and management. The key elements are:

• Respect for the individual
• Uncompromising integrity
• Honesty and reliability

The policy outlines the responsibilities that each employee is required to accept upon joining Omega 365. It serves as the foundation for the way management and governance are conducted within our company.

The Ethics policy clearly states the commitment, both as a company and as individuals, to refrain from any activities that may involve corruption or bribery, human trafficking, or child labor.

Our company has implemented transactional and financial governance measures to mitigate the risk of being involved with parties associated with whitewashing.

Whistleblowing

Omega 365 has a global whistleblowing system in place, and any reports can be easily submitted through whistleblowing@omega365.com. This email address is communicated to all employees and readily accessible. Additionally, our whistleblowing policy can be found in the Employee Handbook, which is accessible on omega.omega365.com for all employees.

Ownership

Omega 365 is owned by present and former employees, with the company founders still being the major owners. This ownership structure, which requires approval of all ownership transactions, is an important tool in keeping our company focused on our key values: Open, Engaged, Generous, Humble, and Solution oriented. We have found that this enables us to work towards long-term goals rather than focusing solely on immediate solutions.

The way we work – reducing climate impact

As an IT company, power consumption is a significant aspect of our environmental footprint. Omega 365 has transitioned all our data management to global data centers, allowing us to reduce our impact through scalable solutions.

Additionally, Omega 365 has an established practice of utilizing web meetings internally whenever possible, rather than traveling.

Solutions that contribute to a sustainable society

Omega 365 delivers systems and expertise utilized in major building and construction projects. These projects often consume significant amounts of fossil and electric energy. By ensuring proper execution and efficient project management, valuable time can be saved, resulting in reduced energy-intensive activities.

Innovation to drive sustainable solutions

We seek innovative approaches that can create new solutions to promote sustainability in the building and construction industry. In collaboration with Oslo Kommune, Omega 365 developed the HMSREG solution, which has set new standards for controlling suppliers and employees' working conditions in large building and construction projects. The solution has seen continued growth and is currently being expanded to include support for reporting emissions and waste.

This is just one example of our commitment to identifying new areas where our solutions can contribute to building a more sustainable community.

Suppliers that contribute

Our Supplier Verification process is our way of ensuring that the suppliers we engage with, both for our own deliveries and to assist us in delivering services to our clients, adhere to the ethical and quality standards that our clients expect from us. We renew this verification annually.

Our software solutions also benefit our clients by enabling them to invite their own suppliers to utilize the systems and providing tools to ensure that these suppliers comply with the standards and principles defined for a project. The use of shared tools simplifies this process and enhances control over all activities.

Health and well-being

We encourage our employees to take care of their health by facilitating and rewarding physical activity.

We recognize the importance of balancing work with family and leisure time. Through our Advantage program, we provide opportunities for employees to enjoy active holidays with their families or friends at one of our attractive holiday homes.

Our working environment welcomes initiatives and innovative approaches. We value diverse opinions in discussions and expect loyalty once a decision is made. We expect our people to respect each other and extend the same respect to customers and partners. We are committed to making Omega 365 a positive and healthy place to work.

As part of this commitment, we have a clear substance abuse policy that is communicated to our employees.

Gender equality and diversity

Our Ethics policy clearly states our commitment to encouraging pluralism, upholding the principles of non-discrimination, and taking particular care to avoid discrimination based on sex, race, age, religion, ethnicity, or nationality.

In most of our business areas and at the corporate level, we have achieved a good gender balance. However, we face challenges in maintaining this balance across all our business areas. Despite our efforts to strengthen gender balance in software development, we still find ourselves falling short of our desired goals, largely due to the difficulty in finding sufficient female candidates during our recruitment processes. This imbalance also stems from disparities within the education systems from which we recruit our staff.

We firmly believe that our business would benefit from a better gender balance, particularly within our software sector. Therefore, we are actively taking steps to increase the number of female employees and managers in this area of our business.

Our Lifehack initiative is a six-month program conducted by our Stjørdal office, which invites refugees to receive training in programming. The aim is to provide refugees with meaningful opportunities and, hopefully, to recruit some of them to our company. The students in this program come from various backgrounds, with approximately 50 percent being Ukrainian, while others are Syrian, Turkish, and Canadian working immigrants.

Respect for human rights

Respect for individuals and the principles of human rights is a key value in Omega 365, as reflected in our Ethics policy. Omega 365 is committed to abstaining from engaging in any business activities that pose a risk of violating basic human rights.

Omega 365 is actively promoting the right of employees to organize and exercise their labor rights.