The EITI’s International Management* has been awarded the five-star rating for fully disclosing the sources of its funding, for the second time in a row.
The accreditation comes from transparify, an organisation that rates the extent to which think tanks and other non-for-profit organisations publicly disclose through their websites where their funding comes from.
In its latest report, transparify checked how the transparency of think tanks rated as broadly (four stars) or highly (five stars) transparent have evolved in the past year. While a total of 67 think tanks now rate highly transparent, there have been some think tanks that slipped in their performance, mainly for failing to update their financial disclosure year on year, according to the report.
The Extractive Industries Transparency Initiative (EITI) is committed to financial transparency. As an organisation supporting countries worldwide to improve the management of extractive resources, the top award comes as a welcome recognition of our efforts on financial disclosure internally as well as internationally.
*The International Management of the EITI consists of the International Board, the Chair and the International Secretariat and is funded by governments and supporting companies.