Question: Does the company recognize the Extractive Industries Transparency Initiative (EITI) Standard?
Answer:
Yes
7935960
Rio Tinto
2018
Unverified - Added by Steward
We are also on the board of the Extractive Industries Transparency Initiative (EITI), which works to improve transparency and accountability in the extractive sector. " 2019 Performance In 2019, we significantly progressed our commitments, set out in our transparency statement. In particular, we voluntarily disclosed: 25 mineral development contracts with host governments in June 2019; Information on our substantial beneficial owners and on 30 jointly owned entities (and our partners) in October 2019, in line with EITI standards and expectations; and Project by project and country by country taxes paid. We also worked closely with governments and the Organisation for Economic Co-operation and Development (OECD) on new tax reporting codes and policies to ensure consistency in our reporting procedures."