Strengthening corporate accountability Building trust through corporate engagement Over the past two decades, the success of the EITI has been made possible thanks to the active participation of companies. Many supported the establishment of the EITI Principles in 2003 and have continued to play pivotal roles in the EITI process ever since. At a global level, the world’s foremost oil, gas and mining companies and commodity traders, as well as financial institutions, have supported the EITI throughout its journey. Through their support for the EITI, many companies are at the forefront of promoting transparency and good governance in the extractive sector worldwide. They achieve this by upholding and encouraging adherence to the Expectations for EITI supporting companies, as well as by providing financial contributions to support the EITI’s work. EITI supporting companies have also played a critical role in shaping the implementation of the EITI Standard and governance at both local and international levels. Expectations for EITI supporting companies Since the EITI was founded, the reporting obligations of supporting companies has been the subject of discussion. Initially, companies’ compliance with the EITI was evaluated through company self-assessments, which were discontinued in 2011. In 2018, the EITI introduced the Expectations for EITI supporting companies, which covered eight areas that aimed to strengthen corporate disclosures and accountability practices. Since then, civil society organisations, media and other stakeholders called on the EITI to assess companies on their adherence to the Expectations. This led to a first-time assessment in 2021 of more than 60 companies, which helped to identify good disclosure practices and opportunities for improvement. The EITI Board subsequently clarified and strengthened the Expectations and agreed to routinely assess progress by supporting companies. Anglo American* BHP* Orano Mining* Equinor Repsol Rio Tinto Shell plc TotalEnergies S.E. 2003 Norsk Hydro ASA* ENI Southern Copper 2005 Hess Corporation 2004 AngloGold Ashanti* Barrick Gold* 2006 BP Chevron ExxonMobil Norges Bank Invest. Mgmt. 2007 Gold Fields* FAR Limited Woodside Energy 2008 JX Nippon Mining & Metals* Vale* ArcelorMittal 2009 KfW Group MMG 2010 African Rainbow Minerals* Centerra Gold* Codelco* Freeport-McMoRan* Glencore* Mitsubishi Materials* Sumitomo Metal Mining* Teck Resources* 2011 Founding members Companies supporting the EITI 14