EITI Factsheet

Published Date: 
December, 2017
Publisher: 
EITI International Secretariat

This factsheet provides a two-page introduction to the Extractive Industries Transparency Initiative (EITI).

Flexible reporting requirements

Published Date: 
April, 2020

Recognising the ongoing challenges associated with the COVID-19 pandemic, the EITI Board has agreed the extension of measures to provide flexibility in EITI implementation and reporting. The flexible measures outlined in this document are for EITI Reports planned for publication in 2020 and 2021. 

Benefits of being an EITI supporting company

Published Date: 
July, 2019

The EITI factsheet for extractive industries is a concise two-page introduction to the EITI tailored to companies, outlining the local and international benefits of being an EITI supporting company. 

Project-level reporting in the extractive industries

Published Date: 
November, 2018
Publisher: 
EITI Secretariat

Tracking payments by project from companies to government.

Project-level reporting, also called “project-by-project” reporting, means that companies disclose payments by project, for example, royalties paid on gold production at a specific mine. Having access to this data allows citizens and government officials to assess whether the government receives what it ought to from each individual extractive project. That’s because payments can be compared with the terms set out in the laws or contracts governing the project.

EITI Data Factsheet

Published Date: 
January, 2018
Publisher: 
EITI

EITI – disclosing critical investment information

The EITI Standard requires that countries publish information on licensing, production, state ownership, how much each company pays in taxes, royalties and bonuses, broken down by project and type of payment, transfers to local governments and social and infrastructure investments. It encourages contract transparency and disclosure of beneficial ownership of extractive industry companies.

SDGs

How the EITI contributes towards meeting the Sustainable Development Goals

Published Date: 
November, 2016
Publisher: 
EITI

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“Implementation of the EITI helps countries achieve the Sustainable Development Goals. I am proud that the EITI has a proven track record of strong country ownership to improve the governance of natural resource wealth as an important engine for sustainable economic growth. The 51 implementing countries have engaged companies and civil society with government institutions to enhance transparency and accountability, quality investment, and citizen empowerment.”

EITI and the Sustainable Development Goals (SDGs)

Beneficial ownership disclosure: fact sheet for companies

Published Date: 
November, 2016
Publisher: 
EITI

There are clear benefits for companies operating in countries with beneficial ownership registers:

Reduces risk in business relationsCreates a level playing fieldImproves investment climatePrevents corruption and illicit flowsBuilds trust. 

Find out more in this factsheet.

A further resource for why beneficial ownership transparency is positive for business is www.openownership.com

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