We also support the OECD's Guidelines for Multinational Enterprises, Transparency International's Business Principles for Countering Bribery, the World Economic Forum's Partnering Against Corruption Initiative, and the Extractive Industries Transparency Initiative (EITI). We voluntarily report payments to host governments related to exploration and extraction activities for bauxite, as well as operations for the production of aluminium oxide, based on EITI's principles. In addition, we cooperate with organizations including Transparent Agent and Contracting Entities, Transparency International and Amnesty International. Learn more at www.hydro.com According to our internal directives, Hydro is not permitted to make financial contributions to political parties.
Total payments (taxes, fees etc.) to host governments 1)
| Amounts in NOK million |
2011 |
2010 |
2009 |
2008 |
2007 |
| Australia |
- |
- |
(0.7) |
0.4 |
6 |
| Brazil |
48 |
98 |
160 |
139 |
89 |
1) Total payments to host governments in connection with the exploration and production of bauxite and alumina. Payments include benefit streams, profit tax, royalty, license fees, rental fees, entry fees, etc. The reporting is based on the principles in the Extractive Industries Transparency Initiative (EITI). The table is included in auditor's review of Hydro's viability performance reporting 2010, but not in the financial audit. Hydro divested in 2011 its ownership share in Alpart, Jamaica. |
