The Board decided that it will exercise its discretion to consider developments and information disclosed after the commencement of Validation where the following four criteria are met:
- Multi-stakeholder group support: The proposal to consider developments and information disclosed after the commencement of Validation has the support of the multi-stakeholder group.
- Specific and verifiable: The information is specific, detailed, substantiated and clearly sourced, and can be quickly and independently verified. Non-specific information, including on planned actions, will not be considered.
- Material significance: The information has the potential to materially impact the assessment of individual requirements and/or render the proposed corrective actions redundant.
- Timely: The proposal to consider developments and information disclosed after the commencement of Validation is presented to the Validation Committee within a reasonable timeframe, allowing sufficient time for verification and discussion. The Validation Committee and Board will not consider representations made a short notice prior to Board decisions.
The Validation Committee will review the application of these criteria after six months and make a recommendation to the Board if necessary regarding further refinement of the criteria.
Where: 42nd Board meeting in Kyiv, Ukraine
Based on: Article 12, Articles of Association
- Internal: Board paper 42-5 Report from the Validation Committee
- Public: Minutes of Kyiv Board meeting (forthcoming)
Keywords: EITI governance