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…
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…
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…
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…
Inaction by the Board equates to a vote of no-confidence in the spirit and letter of the EITI Standard itself.
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.
From its founding, the EITI and its Standard have required comprehensive disclosure of material payments from companies to governments, including taxes.
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…