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RCS Global publishes Commodities Trading Companies’ Business Case for Disclosing Payments to Governments

 The EITI’s recently published paper on EITI reporting by state-owned, National Oil Companies (NOC) and oil traders provides an important perspective on why the EITI can paly a role in bringing transparency and accountability to oil trades on both sides of the transaction.

 

In some jurisdictions, the commodities trading industry is under pressure from advocates and policy makers to adopt more transparency business practices.

 

In complementarity to the EITI’s paper, RCS Global (www.rcsglobal.com) has published the specific business case for the commodities trading industry to disclose data on commodities trading companies’ payments to governments under the auspices of the EITI.

 

The report can be downloaded here: http://www.rcsglobal.com/publications/

 

For more information or in case of any questions, please contact RCS Global director Dr. Nicholas Garrett on Nicholas@rcsglobal.com, who had editorial control of the report.