UK Extractive Industries Transparency Initiative Multi-Stakeholder Group
The Extractive Industries Transparency Initiative (EITI) is a global drive to promote the open and accountable management of oil, gas and mineral resources. This group oversees its implementation in the UK.
The EITI ensures that each country manages its natural resources in a transparent and accountable way. In many resource-rich developing nations the benefits of resource extraction may be lost through mismanagement and corruption.
The initiative requires oil, gas and mining companies to voluntarily disclose their payments to government agencies. The payments are then reconciled with government receipts from the companies. This data is published in the annual EITI reports.
The UK EITI Multi-Stakeholder Group is responsible for overseeing the implementation of the UK EITI. As a stakeholder-led initiative, the group comprises representatives from across industry, civil society and government.
To find out more about EITI, the work of the group, or for guidance on UK EITI reporting, please visit their website: