Opinions about the D-EITI
Why is the EITI so important and how can companies around the world benefit from the initiative? Read how business and civil society representatives answered this question.
“Wintershall supports the introduction of the EITI Standard to Germany, since the disclosure of tax payments is a substantial element of the transparent basis we operate on, and furthermore reflects the economic significance of our sector of industry. The natural resource sector is important to Germany’s economic well-being, thus it is important that the contribution it makes towards value creation be visible. Our positive experiences as regards the transparent reporting on our activities in Norway have only strengthened our conviction in this respect”. Further information on Wintershall’s activities in Germany can be found at www.heimische-foerderung.de.
Dr. Rainer Seele, Executive Chairman of Wintershall Holding (16.09.2014)
“The growing global interest in transparency in the natural resource and financial sectors corresponds to German industry’s strategic interest in operating on an international level playing field (…). By virtue of the example this decision sets, together with the market power of Europe, the implementation of EITI in Germany is also intended to integrate non-European states and businesses into the German and European transparency agenda. We welcome this step, representing as it does an opportunity to contribute towards the reduction of the governance risks of African markets, at the same time promoting dialogue between the German Federal Government and important partners of the German economy, such as South Africa and Angola.”
Prof. Dr. h.c. Jürgen E. Schrempp, Chairman of the Southern African Initiative of German Business (SAFRI), Position Paper on the German Federal Government’s Decision to Establish D-EITI (in German) (04/09/2014)
“The German government’s decision to implement the EITI standard confirms that it holds itself to the same high standards of transparency that it expects of other countries.The German Government has been a staunch supporter and believer in the global efforts to improve governance of natural resources since the EITI’s first days. It is taking efforts to ensure good governance throughout the management of natural resources. I also hope that this German leadership will be followed in Eastern Europe, not least in countries that have significant energy transit and production.”
Clare Short, Chair of the international EITI Board, On the German Goverment’s Decision to Implement the EITI Standard (in English)(02/07/2014)