Woodside
Operating in these EITI implementing countries:
From Woodside's 2010 Sustainable Development Report:
Woodside has supported the Extractive Industries Transparency Initiative (EITI) since 2005. The EITI aims to improve governance in resource-rich countries through the verification and full publication of company payments and government revenues from oil, gas and mining. Woodside has an interest in Timor-Leste through operatorship of the Sunrise LNG Development. Timor-Leste is an EITI-compliant country. Under the EITI Woodside reports its petroleum tax and fee payments. Given that the Sunrise LNG Development has not started production, no details are provided on revenue payments.
International-level company form:
- Has the company published a clear public statement endorsing the EITI Principles and Criteria, and ensured this is accessible on its external website? YES
- If applicable (i.e. for operations in EITI implementing countries that have completed at least one validation), has the company provided links on its external website to completed (Country-level) Company Forms? YES
- Has the company assigned strategic responsibility for EITI to a member of its senior management and appointed a lead contact person responsible for communication of the company’s EITI policy, action in support of EITI, and responding to queries from EITI stakeholders? NO
- If the International EITI Conference has taken place in the validation period, did a member of senior management attend or send a statement of support? Not applicable
- Where a company has a global sustainability report or corporate responsibility report, has the company included a summary of its contribution to EITI in this and on its external website? YES
http://www.woodside.com.au/Our-Approach/Sustainable-Development/Pages/Sustainable-Development-Report.aspx
Statement of Support:
May 13th 2011 - 2:26PM ... Maya Minwary

