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…

Trump Administration Further Erodes US Leadership on Combatting Corruption

Download this press release as a pdf For Immediate Release: November 2, 2017 Contact: Jana Morgan, Director – jmorgan@pwypusa.org Mobile 703-795-8542 Office 202-496-1189 Trump Administration Further Erodes US Leadership on Combatting Corruption United States Withdraws from Global Transparency Initiative Washington, D.C. – Today the Department of the Interior (DOI) announced its decision to withdraw from the Extractive Industries Transparency Initiative…