EITI confirms ExxonMobil to board; industry watchdogs outraged.

DAKAR –  Civil society protests stalled confirmation of a new EITI Board in Dakar, forcing companies to reach an agreement with civil society. Civil society agreed to confirm the new Board if companies agreed to require ExxonMobil to publish its project-level payments-to-governments data in all countries of operation in a short, fixed period, in line with the EITI Company Expectations….

Can transparency help manage the risks posed by the climate crisis?

New global registry highlights urgent need for EITI action to inform a just energy transition This week, the Carbon Tracker Initiative launched its Global Registry of Fossil Fuels, a timely and much-needed resource that tracks global fossil fuel production. The Registry’s data covers 75 percent of the world’s fossil fuel production and allows users to assess the impacts of continued…

EITI makes progress on holding companies accountable, but will it work?

This post originally appeared on Oxfam America’s Politics of Poverty blog. By Aubrey Menard, Oxfam America’s Senior Policy Advisor for Extractive Industries Transparency, and Daniel Mulé, Policy Lead, Extractive Industries Tax and Transparency For over a year, the global Extractive Industries Transparency Initiative (EITI)—a multi-stakeholder organization promoting good governance in oil, gas, and mining—has struggled to hold its supporting companies…

Global Transparency Initiative Concludes Another Board Meeting Without Holding Oil and Gas Companies Accountable

In a familiar pattern, the EITI Board punted substantive discussions about holding supporting companies accountable to its 2022 Board meeting. The Extractive Industries Transparency Initiative’s (EITI) fall Board meeting concluded today, taking no meaningful action to hold supporting companies accountable for failing to meet core transparency standards.  This meeting follows the publication of EITI’s own assessment showing that 23% of…

Global Transparency Initiative Names Companies Failing to Meet Disclosure Expectations in line with International Oil, Gas and Mining Standard

EITI Board should bar representatives from delinquent companies like Exxon and Chevron from serving on the Board. Today, after months of pressure from PWYP-US, Oxfam America, other allies, and all civil society representatives on its Board, the Extractive Industries Transparency Initiative (EITI) released a key annex underpinning its Assessment of adherence to the Expectations for EITI supporting companies detailing which of its Supporting Companies are failing to meet the…