Transparency
Sustainability website / Economic contribution / Transparency
Our Business Principles state our commitment to the maximum transparency that is commercially possible in our business. We publicly report our financial, operational and sustainable development performance regularly and in accordance with all relevant legislation and leading practice standards.
Xstrata supports the Extractive Industries Transparency Initiative (EITI) to increase transparency over company payments and government revenues in the extractives sector. Peru is the only EITI candidate country in which Xstrata operates at present. The Peruvian government has approved the EITI Action Plan but has not yet progressed to implementation, at which stage extractive industry companies will commence reporting.
(see SD Standard 11: Suppliers, Contractors and Business Partners).