The UK is an important actor on the extractive industry scene. The London Stock Exchange covers 14% of the world’s extractive capital – over £1 trillion worth of extractive industry revenue. This is almost 60% of the total amount of extractive industry capital on EU markets. The UK is also home to many of the world’s large extractive companies such as BP, Royal Dutch Shell, Rio Tinto and Anglo American.
The PWYP UK coalition targets UK and European Union policy makers, politicians and other stakeholders to raise awareness of and support for PWYP and the need for mandatory reporting rules. The UK campaign is currently mainly focused on advocacy and lobbying for effective stock exchange rules to be introduced across the European Union for companies engaged in the commercial development of oil, gas and minerals, through changes to the EU Transparency and Accounting Directives.
Contact
Miles Litvinoff
Consultant/Coordinator – Publish What You Pay UK
t: +44 (0)20 8965 9682
m: +44 (0)7984 720103
mlitvinoff@pwypuk.org
Love truth, love transparency – Activists gather outside Bis
On 14 February 2012 Publish What You Pay activists from CAFOD, ONE and Tearfund in London gathered outside the Ministry of Business to demonstrate their support for transparency in the extractive sector. Dressed up as miners, activists handed out Valentine themed campaign leaflets (which combined “tips for a healthy relationship” with the importance of transparency in the extractive sector. ) and posed with a giant ‘love truth’ love heart. Read more…
British All-Party Parliamentary Groups host panel on transparency in the extractive industry
On 24 January 2012, the British APPG on International Corporate Responsibility and the APPG on the Great Lakes Region of Africa, with PWYP, hosted a panel on transparency in the extractive industries. Read more about it here.
Coalition members urge UK Government to back strong EU rules
On 5 December 2011 members of PWYP UK wrote to the UK Chancellor and the UK Business Minister with comments and suggestions aimed at strengthening the EU’s legislative proposals and facilitating implementation. PWYP is seeking ongoing dialogue with the UK Government as the legislation is developed.
Coalition welcomes European Commission proposals and highlights need for effective rules
On 25 October 2011 Publish What You Pay coalition members welcomed the European Commission’s amendments to the Transparency and Accounting Directive. These new proposals require oil, gas, mining and logging companies to be more transparent about payments to governments around the world. PWYP also stressed the need for ambitious and effective final rules.
Coalition members ask George Osborne and Vince Cable to support EU Transparency and Accounting Directive rules
On 19 July 2011 the PWYP UK coalition wrote to the UK Chancellor and Secretary of State for Business asking them to support EU rules through both regulatory vehicles of the Transparency and Accounting Directives. This will ensure the broadest possible reach of the rules and so will have the greatest positive impact on improving governance and development and reducing corruption in resource-rich but poor countries across the world.
Coalition members urge Andrew Mitchell to push PWYP rules at the G20
On 24 June 2011 members of PWYP UK wrote to Secretary of State for International Development, the Rt Hon Andrew Mitchell MP, ahead of the G20 Development Working Group meeting in Cape Town on 30 June, asking him that UK representatives at the meeting champion legally binding country-by-country and project-by-project reporting measures for companies engaged in oil, gas and mining activities.
You can read the letter and the response from Andrew Mitchell
Action Aid
Amnesty International United Kingdom
Burma Campaign
CAFOD
Campaign Against Arms Trade
CARE International UK
Christian Aid
Ecumenical Council for Corporate Responsibility
Engineers Against Poverty
Global Poverty Project
Global Witness
ONE
Open Society Foundations
Oxfam Great Britain
Revenue Watch Institute
Save the Children UK
Scottish Catholic International Aid Fund
Tearfund
Transparency International – United Kingdom
United Nations Association of the UK