Home Governments Series - Reporting Requirements

This Report reviews how select countries use reporting requirements to stimulate more transparency, and greater accountability, of extractive companies concerning their operations outside their home base.

It compares the scope and reach of transparency initiatives, which are particularly pertinent to extractive companies, such as the Extractive Industries Transparency Initiative, Sec. 1504 of the US Dodd-Frank Wall Street Reform and Consumer Protection Act, the EU country-by-country reporting requirements and the EU Directive for non-financial disclosure for large companies.

About this Report Series

This Report is the second in a series reviewing measures that ‘home governments’ (where companies are legally registered) can use to incentivise responsible business conduct of extractive companies operating abroad. ‘Host governments’ (where the company is operating) have the primary responsibility to regulate the activities of businesses operating in their territory. But where such regulation is lacking or not enforced, clear incentives set by their home governments can provide one of the few avenues for prompting responsible business conduct.

The examples provided in this report series can serve as models for policy makers charged with regulating the extractive or other sectors with similar footprints, provide civil society and other stakeholders with information about tools for promoting greater corporate accountability, and stimulate further debate on the efficiency and effectiveness of such measures.

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