Click here to download a copy of the report Piping Profits
Ten of the world’s most powerful oil, gas and mining companies own 6,038 subsidiaries and over a third of them are based in secrecy jurisdictions, a new Publish What You Pay (PWYP) Norway report today reveals.
Secrecy jurisdictions facilitate illicit financial flows, to which the developing world loses US$1 trillion a year.
Publish What You Pay campaigns globally for rules requiring companies to disclose, country-by-country and project-by-project, how much they pay to governments in each country where they operate. We support new reporting rules being introduced in the US and EU.
Exports of oil, gas and minerals are a vital source of income to developing countries, potentially generating hundreds of billions of dollars in taxes and revenues that could be used to combat poverty and drive economic and social development.
PWYP members in the Asia-Pacific region have sent submissions to the Australian Stock Exchange calling for stronger reporting measures for extractive companies. Last October, the ASX opened a consultation process as it considered increasing the disclosure measures for mining and energy companies.
PWYP Australia recommended that the ASX require extractive company issuers to report on a project-by-project basis, and called for an urgent consultation on country and project level payment disclosure.
_On 16 January 2012 Ghanaian civil society organisations wrote to the Danish Minister of Business and Growth, Mr. Ole Sohn. Denmark had assumed the presidency of the EU in early January 2012. In the letter, the civil society organizations voice their strong support for the EU amendment proposals to the Transparency and Accounting Directives, which would oblige extractive companies to publish their payments on a country-by-country level.
Notre coordinateur en RDC, Maître Jean-Claude Katende, a écrit un article à propos des suspensions de pays à l’ITIE. Vous pouvez télécharger cet article en version PDF ou la lire ci-dessous.
L’Initiative pour la Transparence des Industries Extractives (ITIE) est une initiative à laquelle les pays adhèrent de manière volontaire.
This report was commissioned by German PWYP members Bread for the World, Global Policy Forum Europe and Misereor. It was published on 17 October 2011. You can read the full version here.
CQ Global Researcher has written a report on the Resource Curse : The Resource Curse: Does energy and mineral wealth hinder development? Our International Director was interviewed in the research of this report.
CQ Global Researcher has allowed temporary access to the article:
username/password – resourcecurse/temp21
Le centre Hauser de l’Université de Harvard a mené une étude de quatre organisations non-gouvernementales se posant sur l’évolution de leurs marques, et leur relation avec celle-ci. PCQVP fut une de ces quatre organisations (avec Amnesty International, the Girl Effect et WWF), et son cas fut présenté le 8 décembre à une conférence à la Fondation Rockefeller à New York.
Vous pouvez lire le chapitre sur PCQVP ici
_PWYP UK composed this brief in response to the European Commission’s proposals for amendments to the Transparency & Accounting Directives. These amendments would oblige all European listed, and large non-listed, extractive companies to publish what they pay in the countries where they operate.