Supporting Company through membership of ICMM

Glencore

Glencore and Xstrata merged on 2 May 2013. The information below applies to the two companies' activities in support of the EITI in 2012 and prior to the merger.

Engagement with the EITI

In May 2014, Glencore’s  Mopani Copper Mines in Zambia won the title of Mining Company of the Year for 2013, including an award from Zambia’s EITI (ZEITI) for demonstrating consistency and strict adherence to ZEITI reporting requirements.

In Mauritania, Glencore’s representatives participate in the National Committee since 2009, when it was mandated to take charge of EITI implementation in the country, resulting in the country achieving EITI compliance in 2012.

Financial contribution to the international management of the EITI

Glencore is a member of ICMM. ICMM makes a contribution to the international EITI on behalf of all of its members.

Contact

Michael Fahrbach (Michael.Fahrbach@glencorexstrata.com)

Stakeholder Statement: 

From Glencore's statement of support to the EITI

In its 2013 Sustainability Report, Glencore states:

 

“Glencore supports the Extractive Industries Transparency Initiative (EITI), an extractive industry sector initiative promoting good tax governance, accountability, transparency and the prevention of corruption through the verification and full publication of Company payments and government revenues.”