Evolving expectations: How state-owned extractive companies are tackling transparency
Date: Tuesday, 30 March 2021
Time: 14:00 - 15:00 CEST
The revenue from state-owned enterprises (SOEs) ultimately belongs to the citizens. In many countries, SOEs are seen as central to ensuring good governance of the extractive sector and providing revenue for public services. While a number of SOEs have committed to operating transparently, some also face significant corruption challenges related to mismanaged finances and opaque operations.
This Transparency Matters webinar explored what citizens and government shareholders should expect from SOEs in light of COVID-19 recovery plans and the energy transition. Panelists also discussed how improvements in SOE transparency can mitigate corruption risks.
This webinar was moderated by Tatiana Sedova, an adviser to the Minister of Industry and Infrastructural Development of the Republic of Kazakhstan on EITI and an EITI multi-stakeholder group (MSG) member.
The webinar featured high-level speakers from government, state-owned enterprises and civil society including:
Hans Christiansen, Senior Economist, OECD Corporate Affairs Division
Gonzalo Maldonado Albán, General Manager, EP Petroecuador
Murtaza Rahimi, Director of Legal Services of State-Owned Companies, Ministry of Finance Afghanistan
David Manley, Senior Economic Analyst, Natural Resource Governance Institute
Details of additional speakers to follow.
The webinar was held in English with French and Spanish translation.