1. Home
  2. Sustainability
  3. Society
  4. Revenue transparency

Promoting revenue transparency

We support transparency in the flow of revenue from oil and gas activities to governments. This helps citizens hold public authorities to account for the way they use funds received through taxes and other agreements

We are a founding member of the Extractive Industries Transparency Initiative (EITI), which supports the disclosure of payments made to and received by governments in relation to oil, gas and mining activity. As part of the EITI, we work with governments, non-governmental organizations and international agencies to improve the transparency of payments to governments. We supported EITI implementation in a number of countries where we operate, including Iraq and Trinidad & Tobago, in 2018.

 

In addition, we disclose information on payments to governments for our upstream activities on a country-by-country and project basis under national reporting regulations, such as those in effect in the UK.