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Gold Fields in support of EITI

Thursday, 27 February 2014

The Extractive Industries Transparency Initiative (EITI) has published Gold Fields' principle of support on the EITI website. The EITI is a global coalition of governments, companies and civil society working together to improve openness and accountable management of revenues from natural resources.

The EITI also maintains the EITI Standard. Countries implement the EITI Standard to ensure full disclosure of taxes and other payments made by oil, gas and mining companies to governments. These payments are disclosed in an annual EITI Report (to see all EITI Reports, go to data.eiti.org). This report allows citizens to see for themselves how much their government is receiving from their country’s natural resources.

Gold Fields has been an EITI member through the International Council on Mining and Metals (ICMM) for many years. Membership requires adherence to the ICMM's 10 Principles on sustainable development, as well as the commitment of member companies to transparent public reporting, comprehensive risk management, sound corporate governance and independent, external assurance.

In the statement Gold Fields commits itself to engaging constructively in countries that are committed to implementing the EITI. It can be found at: http://eiti.org/supporters/companies/gold-fields


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