We are disappointed today that the SEC has released a weak proposed rule to implement the landmark Cardin-Lugar provision, which requires oil, gas and mining companies to publish their payments to governments.
Throughout his career, Senator Lugar was a tireless advocate for fighting global poverty and tackling corruption. The international PWYP family mourns the loss of Senator Lugar and sends our heartfelt condolences to his family, friends and staff.
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.