As leaders within EITI, PWYP-US asks that the US Government also support advancing contract transparency as a requirement within the EITI.<
EITI Chair Criticizes Board Members ExxonMobil and Chevron for Deliberately Undermining the Initiative’s Transparency Principles
ExxonMobil and Chevron should report in the US as they have reported in other EITI countries, and as other EITI implementing companies have reported in the US and around the world.
The statement was published on the Extractive Industries Transparency Initiative website on May 30, 2018.
This page serves as a public record of the background and evidence of the civil society complaint, as well as how the grievance process is being executed by the EITI Secretariat.
Despite U.S. anti-bribery legislation, corruption by U.S.-listed oil and mining companies continues to occur as revealed by an investigation by Publish What You Pay coalition member Global Witness.
ExxonMobil and Chevron Complicity in Undermining U.S. Anti-Corruption Regulation Exposed on Anniversary of SEC Rule Repeal
One year ago today, President Trump signed away U.S. leadership in the global effort to combat corruption by rolling back a critical oil transparency rule.
From its founding, the EITI and its Standard have required comprehensive disclosure of material payments from companies to governments, including taxes.
The groundbreaking anti-corruption law, the Cardin-Lugar provision of the Dodd Frank Act, is currently under threat of repeal. This law allows citizens in resource rich countries to ‘follow the money’ and hold their governments accountable for graft, waste and abuse.