Publish What You Pay

‘Publish What You Pay’ was our original ask - that extractive companies publish the payments they make to governments so that citizens in resource-rich countries can follow the money and hold their governments to account over how it it is spent.

The past decade has seen a lot of success in this field, for instance the EU passed legislation which obliges all listed, and large non-listed, extractive companies to publish their payments on a country and project level.

Yet there is a lot of work ahead, and we continue to campaign for full financial transparency from companies, to ensure the availability of quality data that is regular, credible, comprehensive, comparable and accessible/open.

This will provide women, men and youth in resource-rich countries with the information to demand accountability from both industry and government.

There are several avenues through which this goal can be realised, from mandatory disclosureto the Extractive Industry Transparency Initiative (EITI) . You can explore these below.

Find out more about our work on:

Mandatory Disclosure

EITI

Strategic Options

Below are the different strategic options our members are also pursuing in this field.

a. Advocate for mandatory payment disclosure worldwide through listings regulations in capital markets (globalising Dodd-Frank and EU Directives).

b. Campaign for mandatory payment disclosure through international accounting standards, regional and national level regulations, and embedding EITI in national legal frameworks.

c. Campaign for mandatory extended country-by-country reporting at national and/or regional level , focusing on profits, sales, production volumes, employee numbers etc., to help reveal tax avoidance and capital flight (including transfer mispricing, use of tax secrecy jurisdictions/ tax havens and “mailbox companies”).

d. Campaign for EITI reports disaggregated by project, company and commodity, and for inclusion in EITI reports of data on profits, sales, costs, production volumes etc. as standard practice.

e. Monitor and analyse the implementation of Dodd-Frank 1504 and EU Accounting and Transparency Directives and integrate the use of the emerging data in our campaigning efforts.