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EITI Business Guide

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The Extractive Industries<br />

Transparency Initiative (<strong>EITI</strong>) is a<br />

globally developed standard that<br />

promotes revenue transparency at the<br />

local level. It is a coalition of governments,<br />

companies, civil society, investors and<br />

international organisations. Through<br />

robust yet flexible methodology company<br />

payments and government revenues<br />

from oil, gas and mining are published,<br />

and discrepancies are reduced. Although<br />

the <strong>EITI</strong> Board and the International<br />

Secretariat are the custodians of the <strong>EITI</strong><br />

process, implementation takes place at<br />

the country level, in a process that<br />

emphasises multi-stakeholder<br />

participation.<br />

www.eitransparency.org<br />

The International <strong>Business</strong> Leaders<br />

Forum (IBLF) works with business,<br />

government and civil society to enhance<br />

the contribution that companies can make<br />

to sustainable development. Founded<br />

by HrH The Prince of Wales, it is an<br />

independent, not-for-profit organisation<br />

currently supported by over 100 of the<br />

world’s leading businesses.<br />

www.iblf.org

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