Base Titanium Inpex Corporation Kosmos Energy 2012 Antofagasta Minerals* Newcrest Mining* Newmont* Trafigura Group 2014 South32* 2015 AMG Capricorn Energy Staatsolie 2016 Minera San Cristobal* Minsur* Gunvor Group St Barbara Limited 2018 Qatar Energy 2019 Alcoa* Sibanye-Stillwater* Nigerian Nat’l Petroleum Corp. PetroNor E&P 2020 Boliden* 2021 Africa Oil Corp. Auxico OCP Poderosa PT Pertamina Savannah Energy 2022 Ivanhoe Mines Neptune Energy 2023 * Member of ICMM Dundee Precious Metals Eramet Kinross Gold Tullow Oil 2011 Nigeria Nigeria EITI (NEITI) has been reporting on social expenditures made by oil and gas companies since 2013. In 2020, these payments amounted to about USD 407 million, of which 90% were legally mandated payments that are levied by one of two agencies. The Niger Delta Development Commission (NDDC) receives 3% of the annual budget of any oil producing or gas processing company operating in the Niger Delta area, while the Nigerian Content Development Monitoring Board (NCDMB) receives 1% of every contract in the upstream sector of the Nigerian oil and gas industry. Information on the use of these funds is disclosed on the agencies’ websites. Ten supporting investors sign the “Investors’ statement on transparency in the extractive sector”, calling on companies in which they invest to support the EITI’s principles of payment disclosure. 2003 The EITI launches the Business Guide, which provides guidance on how companies can engage with the EITI at a country level in ways that are beneficial for their operations. 2013 The EITI launches the Expectations for EITI supporting companies, which is later integrated into the 2019 EITI Standard. 2018 The EITI assesses more than 60 companies on their adherence to the Expectations and publishes the results. 2020-2021 The Expectations are revised and aligned with the EITI Standard. They include provisions on publishing anti-corruption and gender policies; project-level payments; and stronger commitments on contract and beneficial ownership disclosure. The EITI International Secretariat undertakes a further assessment. 2022 Social payments and expenditures From the outset, companies operating in EITI implementing countries have participated in EITI multi-stakeholder groups and reporting, which has strengthened public awareness of their activities as well as their economic and social contributions. This engagement has helped to build trust with communities; enhance companies’ social license to operate; and establish stronger governance and disclosure norms. 15