The Extractive Industries Transparency Initiative (EITI) aims to increase transparency in transactions between governments and companies within extractive industries. Then-UK Prime Minister Tony Blair announced the initiative at the World Summit on Sustainable Development in Johannesburg in September 2002.
Hydro has supported the EITI since the foundation and reported on a voluntary basis since 2005. We report on our payments to governments, and we will participate in national EITI projects in countries where we have extractive activities.
Hydro participates in projects and committees as appropriate. Hydro's contribution to EITI is given through ICMM.